ASSETS

MANAGER

HR

SUITE

PAYROLL

SYSTEM

Spine Technologies is a premier software

development company having over the

decade rich experience in the domain

sphere of Human Resource, Payroll & Fixed

Asset Management.

Corporate Head Office located at Island

City, Mumbai and branches located at

Ahmedabad & Chennai.

We are rapidly growing & are matured

software development company providing

flexible, scalable, user-friendly software

solutions to various spectrum of small,

medium, and large enterprises.

We emphasis on high integrity & stringent

quality implementation. With consistent track

record of having more than 3500+ satisfied

customer base using various of our software &

services across INDIA & neighboring countries.

Founded in 2001, Spine Technologies, an

Information Technology Company is directed

by Mr. Shailesh Khatri & Mr. Nilesh Shah a

highly ambitious & skilled software

professionals with the aim of providing best

quality software and Internet related

solutions.

Spine Assets Manager A complete fixed assets management software, from

assets acquisition to disposal with depreciation

management.

Spine HR Suite A complete human resource management software,

from hire to retire or relieve.

Spine Payroll System A complete salary processing software, from

employee joining to Full and Final Settlement.

Spine Assets is very comprehensive, flexible and user-friendly Fixed Assets

Management software to track, manage and comply enterprise Fixed Assets across

group companies or each company’s locations/units, sub locations, branches,

custodians or internal partitions.

Depreciation accounting keeping in view the requirements of India Companies

Act, Income Tax Act as well as Management Act along with maintaining AMC,

Warranty, Insurance and Service of the assets.

Spine Assets helps to

track assets via Barcode,

or Spine Asset interface

across units, locations,

branches, Cost centers,

Custodians or projects

efficiently.

With Spine Assets

manage assets

optimally; Assign-

Transfer-Retire,

Maintain-Service,

Warranties-Insurances,

Licenses-

Documentation.

Depreciation

accounting is keeping in

view the requirements

of India Companies Act,

Income Tax Act as well

as Management Act

Fixed Asset

Tracking

Fixed Asset

Management

Fixed Asset

Compliance

TRACKING,

MANAGEMENT

&

COMPLIANCE

A complete asset management system helps in effectively

Tracking the Fixed Assets in your organization.

Asset Tracking is ideal for any Organization looking to

streamline their asset inventory processes using barcode

and/or RFID technology.

Land &

Buildings IT Assets Furniture Vehicles Plant &

Machinery

Construction

WIP

SPINE ASSET

MANAGER

TRACKING

Users maintain and control end-to-end asset lifecycle for both

depreciating and non-depreciating assets, right from creation to

depreciation, to revaluation and disposal.

Spine Asset supports extensive asset management, including

maintenance schedules and insurance, while providing tight accounting

integration so that the fixed asset information of the users is always

presented accurately on the financial statements.

Maintenance

Insurance

Warranty

Relocation

Disposed

Write-off

Lease Merger-Acquisition

SPINE ASSET

MANAGEMENT

Asset Depreciation can be calculated in adherence to

multiple compliance such as New Companies Act

2013, Income Tax Act, and Management Act.

Management Act Income-Tax Act Companies Act 2013

SPINE ASSET

COMPLIENCE

Benefits include:

• Identify owned assets quickly and easily with

visual inspection

• Track serial or model numbers efficiently with

barcode stickers

• Save time and money in duplication of assets

between department.

• Increased security with regular tracking &

monitoring

• Reduction of theft with visual identification of

assets with security labels

• Monitor asset movement between locations

• Compliance with insurance or government

regulations

• Track useful life of assets and depreciation

schedules

• Schedule maintenance, service and replacement

of owned assets

Spine Asset Manager intelligently create codes for each Fixed Asset

which helps in Physical verification and tagging services of Fixed

Assets to organizations across all industries as the first step to

implement Enterprise Asset Management.

This helps in knowing exactly what assets you currently have, where

these assets are located and how these assets are changing over

time, and allows a company to keep track of details of each fixed

asset, ensuring control and preventing misappropriation of assets.

PHYSICAL

VERIFICATION

&

ASSET TAGGING

Spine Asset Manager helps in Budget Tracking on Year/ Asset

Group / Location / Cost Center / Custodian wise.

Budget v/s Actual Acquisition & Budget v/s Actual Depreciation

in terms of value & quantity as well.

BUDGETING

VS.

ACTUAL ASSET

ACQUISITION

• Identification of component and their

useful life is most important factor for the

company as well as identification of asset

for which component accounting is

applicable is a subject matter of company’s

practice or policy

• Where one Fixed Asset comprises of

different items of fixed assets which are

significant to the total cost of main asset

and their useful life is different from the

useful life of main asset

• In view of the silent provision contained in

the Companies Act, 2013, the company

may depreciate its insignificant component

of main asset over the useful life of main

asset

COMPONENT

COST-BREAKUP

• Facility to create Request Category & Sub-Category.

• Comprehensive Work Flow can be mapped with multiple

Request Categories.

• Request User can submit Request / Concern / Queries online

related to their issues to ADMIN / IT / ACCOUNTS or Any

other matter.

• Transaction can be review & will be escalated to respective

department.

• Respective Team will respond to request.

• Detail Transaction Log report can be generated as per

selection.

REQUEST USER

• Approval Level Creation to manage process

management.

• Work Transfer Module to cover transaction forwarding to

alternate approver or revoke responsibility of HOD

leaving organization.

• Request User can view the progress of application status.

• Transaction management module for better control of

pending items.

WORKFLOW

Request from

Request User

Approver

Approved

?

Approved

?

Admin

User

Approved Reject

Yes Yes

Yes No

No

Time saver

Import & Export

Data

Powerful

Report Writer

Tool

Code Generation

& Barcode

Integration

Complete Asset

Life-Cycle

Compliance

Management

Security Checks

Physical

Verification

Audits

Friendly User

Interface

Budgeting v/s

Actual

Acquisition

Document

Management

Workflow &

Query Request Reminders

Forex

Fluctuations

Asset Split

Shift wise

Depreciation

SPINE ASSETS

MANAGER

ADVANTAGES Advantages

Recognized by THE CEO Magazine as "Company Of The Year 2016 –

HR & Payroll Software“

Recognized by ERP Insights Magazine as "10 Most Promising

HR & ERP Solution Providers 2016“

Recognized by THE CEO Magazine as "25 Fastest Growing Enterprise

Software Companies in India 2016“

Recognized by CIO Review Magazine as "Company of the Year-2014 –

HR & Payroll Software"

Spine Technologies (I) Pvt. Ltd. 407-408, 4th Floor, D’definity, Plot No. 364,

Jay Prakash Road No. 1, Goregaon (E),

Mumbai - 400 063.

Maharashtra. India.

Mumbai - 9320112248| 022 - 42132248

sales@spinetechnologies.com

www.spinetechnologies.com