Software of fixed assets

Simplify the review process of your investments and minimize risks. Asset Audit, you can manage the audit of your assets in a stress-free and transparent way.

Go paperless, conduct inspections easily and solve issues quicker with your teammates.

Rated 4.9/5 stars on Capterra
App StorePlay Store

Keep track of your assets with the fixed asset software

Get a real-time overview

Get a real-time overview

Get a real-time overview of the current audit of your assets. Within the Lumiform dashboard you can monitor negative responses, overdue inspections and average asset scores. Also track the audit of all reported incidents in real-time.

Save time with automatically generated reports

Save time with automatically generated reports

a professional inspection report when you complete the inspection. The inspection report can be fully customized to your individual needs and contains all the results of the current test stand. Save time by immediately sending the report from the Fixed Asset Inspection app to all responsible persons.

Save time and money

Save time and money

Perform checks faster as you uncover more problems and solve them faster. Quickly analyze all data and identify immediate areas of poor quality and neglected security performance. This saves time for audits and documentation. You'll also save money by reducing accidents, damage to reputation, downtime, and compliance errors.

Audit fixed assets quickly and clearly

Create custom forms within minutes. Organise inspections to make sure the right person does all the checklists reliably.

Create forms

Conduct audits and inspections whether with a tablet or smartphone, Android or iOS – online or offline.

Conduct via App

Make sure all issues are quickly reported and seamlessly documented. Keep track of the troubleshooting, and solve issues together as a team.

Solve Issues

Don’t waste time on post-processing and digitisation of audit and inspection reports – everything is fully automated. Uncover areas that need your attention through in-depth analyses.

Results, Reports and Analyses
Start with Lumiform for FREE

The Lumiform flow

Digitise all quality and safety efforts, and cut down inspection time, with the Lumiform app. And, even more importantly, continuously optimise your quality and safety operations easily, with the Lumiform flow.

Lumiform flow

The necessary steps for the audit of fixed assets


Fixed assets can be the largest item on the balance sheet of companies, especially in the manufacturing and healthcare industries. Inadequate records of fixed assets can lead to inaccurate financial reporting. However, missing and important audit details are not uncommon, and necessary information is often overlooked, making it challenging to resolve inaccuracies in future audits of fixed assets. With the software for fixed assets, high quality audits can be performed. Below is a list of the essential features of a fixed asset software solution.


    Description of the assets

    Traditionally, not only is it difficult to physically verify a poorly described asset, but it can also confuse the recipients of the audit report. Thanks to the digital software solution for fixed assets, the description of the asset can be done easily and in high quality via an app. This software avoids errors in the recording.


    clear administration

    With the software for fixed assets, you can manage the general life cycle and depreciation values of assets such as land, buildings, vehicles, equipment and other items. Using the data analysis of the fixed assets software does not appear the risks can be detected and avoided by the auditor.


    internal controls

    With the software for fixed assets, you can easily perform internal controls for inconsistent application of the capitalization threshold and the allocation of inappropriate lifetimes for the depreciation of fixed assets. Since the total cost of a fixed asset includes the cost of installation work such as Including wages and related benefits, an oversight can lead to work overlap and business interruption.


    fast processing time

    Even if the person responsible for the fixed assets provides you with all the necessary information for the audit, it may be that the invoice is not available. This is why it has been filed elsewhere or has been withdrawn for specific purposes such as re-orders. This slow turnaround time may mean that you may not be able to find more details in the audit report. With the fixed assets software,you can track exactly what data needs to be tracked and adjusted in the report.



    Features of the Fixed Assets Audit from Lumiform


    Individual digital forms

    The flexible form construction kit makes it possible to create new individual checklists at any time and to adapt them again and again.


    First class customer service

    Lumiform’s excellent 24/5 support will reliably answer all your questions about the app when you need assistance using the tool.


    Scheduling and notifications

    The Lumiform App ensures that the schedule is kept. All employees receive notifications about the procedure and due dates. Managers automatically receive notifications when assignments are overdue and problems have occurred.


    Time-defined work steps

    Keep an eye on your schedule and use the information to identify opportunities to increase your efficiency.


    Faster identification and resolution of problems

    The data you collect from inspections is collected under the Analysis Tab. Here you can access all data and view your performance reports broken down by time, location and department. This helps you quickly identify causes and problems so you can fix them as quickly as possible.


    Track inspections in facilities over time

    Monitor your team’s inspection performance and identify opportunities to improve the process and efficiency of your operations.


    Integrations

    Connect Lumiform’s Software to enterprise software systems.


    Time-defined targets

    Keep an eye on what’s happening and identify insights from the information gained to increase your efficiency.





Learn how companies like yours use Lumiform