Organizations lose 10-30% of assets due to poor tracking
- Track assets with 100% visibility across the lifecycle.
- Automate asset recovery when employees exit the company.
- Capitalize your operations and cut down thefts.
- Manage and maintain centralized assets portfolio, track the usage and availability, monitor the life cycle costs, maximize lifespan and returns.
Harness AI for Streamlined Asset Efficiency!
Without HRStop
- Employees spend 30% of their time manually tracking assets.
- 20% of assets remain unaccounted for, leading to financial discrepancies.
- 60% of organizations struggle with audits due to lack of proper documentation.
- Hard to recover assets from leaving employees, causing losses.
- Asset purchase planning is guesswork without AI insights.
With HRStop
- Automation saves employees 30% of their time on asset management.
- All assets are tracked in real-time, preventing unaccounted losses.
- Robust documentation ensures smoother audits and compliance.
- Seamless asset recovery prevents losses during employee exits.
- Data-driven asset planning optimizes inventory and purchase cycles.
Faster & better compliance at the end of the financial year
With the increase in software (asset) license regulations, companies that misuse their assets end up paying hefty fines. With HRStop's user-friendly interface and 24/7 availability, you can effectively manage your licenses and save a lot of money and hassle over the long term.
HRStop's centralized systems help you generate real-time reports on how the assets were acquired, utilized, and disposed of. This information is crucial from a compliance perspective at the end of the financial year and is available to you in just a few clicks.
Capitalize your operations and cut down thefts
When you have real-time knowledge of where your assets are, who they are with, and their condition, you eliminate instances of duplicate purchases or last-minute maintenance needs. By knowing when your usable stock might be low, you can plan better cash flows for reordering. HRStop's well-accounted system also helps you eliminate chances of recording ghost assets, thereby safeguarding you from last-minute crises.
HRStop helps reduce the chances of thefts as it provides a clear indication of when and why an asset was given to the employee and when it was supposed to be returned. With highly optimized alert systems and a proper accounting recovery process in place, the misuse of assets is effectively warded off.
Eswari Velayutham
Tringapps Research Labs Pvt Ltd
“Managing company assets used to be a tedious task with multiple manual checks. With HRStop’s asset management module, we now track and manage assets seamlessly. The system has simplified asset allocation, retrieval, and reporting, ensuring better accountability and reducing the risk of mismanagement.”
Features
Centralized Asset Management
Easily manage your entire global asset portfolio from one central hub. Track vendor details, invoices, service history, and other key information, all accessible from any location when needed.
Custom Asset Categories
Create and manage custom categories for both tangible and intangible assets. Organize and maintain an accurate count of working assets across multiple locations, ensuring all assets are properly categorized.
Efficient Asset Tracking
Seamlessly assign assets to employees, set expected return dates, and release them back to the pool when available. HRStop helps maintain an up-to-date asset inventory by disposing of retired assets.
Automated Asset Maintenance
Set service dates for assets, and HRStop will automatically alert the responsible teams when maintenance is due. This feature ensures optimal performance and longevity of your asset base.
Lifecycle Cost Monitoring
Track your assets from acquisition to disposal, including procurement and service costs. Get real-time insights into whether an asset is a cost-effective investment or a financial liability.
Powerful Asset Analytics
Generate detailed reports for compliance and audits with just one click. Make informed financial decisions with data on asset lifespan, associated costs, and availability across various locations.
Additional Benefits
Strengthened Accountability
HRStop provides transparent tracking, ensuring employees are responsible for the assets they manage.
Boosted Productivity
Automated workflows reduce manual work, allowing HR teams to focus on core tasks, increasing overall productivity.
Smarter Decision-Making
AI-driven insights help you make informed decisions on future asset purchases, reducing unnecessary costs.
Enhanced Financial Health
Proper asset tracking ensures accurate accounting and reduces losses, improving the company’s bottom line.
Any questions? Check out the FAQ
Everything you need to know about streamlining your asset management process.
Benefits of working with HRStop
Full spectrum of services
From hire to retire, HRStop covers 100% of your time-off needs. Powered by AI and cutting-edge HR Tech, we automate everything from leave approvals to compliance checks, ensuring you never miss a beat with workforce management.
Flexible work terms
In a world demanding flexibility, we deliver. Whether it’s remote work, hybrid setups, or gig workforces, HRStop adapts instantly with automated time-off tracking and scheduling, offering solutions for every work model imaginable.
Impossible? We're on it
Facing complex time-off scenarios? No problem. With our automated, AI-driven solutions, we tackle the toughest challenges head-on, delivering 99.9% accuracy and speed that gets the job done—no matter how big or small the issue.
Unrivaled Customer Support
Our 24/7 support is backed by AI-powered automation, ensuring every query gets resolved within 24 hours. We don’t just support; we deliver solutions, giving you 100% coverage with a personal touch that keeps your HR engine running smoothly.