Easily manage and streamline the entire purchase cycle of your assets. Asset acquisition gets easier using Praxis ERP where you get to handle all transactions from asset requests, quotations, and orders to invoicing and delivery. Integrated with the inventory, get an instant view on your assets, their status, and previous purchases.

Assign your organization’s assets to locations, departments, and users and gain a complete visibility and traceability at a glance. Praxis ERP allows you to allocate, transfer, and store your assets in various locations with absolute simplicity. Track and monitor if an asset has moved and for what purposes while storing movement entries for ad hoc reporting using several different sorting criteria such as classes, categories, location, acquisition date, etc.

Get rid of complicated depreciation with Praxis ERP that is capable of handling multiple depreciation methods and is fully integrated with the general ledger. You get to visualize depreciations by cost center, control all aspects of depreciation by defining the depreciation rate, percentage, and acceleration as required, and maximize the life of your assets using the right management tools.

Every asset life comes to an end, with Praxis ERP you can easily handle the entire asset lifecycle from purchase to being depreciated and sold or disposed of. Whether the asset no longer fits your business needs, has become too expensive to maintain, or can no longer be used anymore, Praxis ERP allows you to go through the sales disposal or waste disposal process, depending on its condition.