WorthIT Fixed Assets: Fixed Asset Management Software
WorthIT Fixed Assets helps mid-market and enterprise companies manage asset lifecycles and depreciation. It is designed for organizations that need to maintain compliance with international accounting standards.
At a glance
- Category
- Finance & Accounting
- Best for
- Mid-market companies, Enterprise organizations, Finance and accounting departments
- Pricing
- Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
- Key use cases
- Depreciation Automation, Audit and Compliance Management, Asset Lifecycle Oversight, Maintenance and Service Tracking
- Integrations
- RESTful API, CSV import, CSV export, Microsoft Power BI
- Official website
- worthitfixedassets.com
WorthIT Fixed Assets is a tool designed to automate the calculation of fixed asset depreciation using various methods and schedules. It supports organizations that maintain compliance with IFRS and GAAP standards across multiple companies or depreciation profiles.
The software supports the asset lifecycle from purchase through modifications and final disposal. It includes tools for tracking asset locations via barcodes and managing service history, which helps centralize documentation such as invoices and contracts.
Buyers should note that the tool is positioned for enterprise-level use and includes integration options via RESTful APIs. Organizations may also use the Power BI add-on if they require data visualization and analytics for their investment pools.
Key Features
Calculates depreciation automatically using standard or custom methods and schedules.
Built-in support for maintaining IFRS and GAAP accounting standards.
Provides templates for financial, administrative, and location reports that can be exported to PDF, CSV, or Excel.
Tracks assets from purchase through construction, upgrades, and full or partial disposal.
Supports tracking the physical location of assets and maintaining service and maintenance history.
Includes role-based access control, data encryption at rest, and audit trails for user activity.
Use Cases
Automating recurring depreciation calculations across multiple companies and profiles.
Generating reports and maintaining records to meet IFRS and GAAP regulatory requirements.
Tracking assets under construction and managing capitalizations for major upgrades.
Using barcodes and service history logs to monitor asset repairs and warranty information.
Best For
Integrations
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
FAQ
The software is designed to support compliance with IFRS and GAAP accounting standards.
Yes, it provides RESTful APIs and CSV import/export options to connect with ERPs, accounting software, and BI tools.
Analytics capabilities are available through a separate Microsoft Power BI add-on module.
It is primarily designed for mid-market and enterprise companies that manage large volumes of assets and require regulatory compliance.
Source category: Finance & Accounting
Source subcategory: Asset Management
