ProcurePulse
RCS EAM · TRAXX · VTR

Enterprise Asset Management — End-to-End Lifecycle Control

From goods receipt to disposal auction — every asset tracked, verified, and compliant. Powered by TRAXX EAM and the VTR physical audit methodology.

What RCS EAM Delivers

True Balance Sheet Representation

Every fixed asset — from first capitalisation to final write-off — is accurately recorded. No ghost assets. No phantom entries. Your FAR reflects physical reality at all times.

Compliance Adherence

Built for IAS 16, US GAAP ASC 360, SOX 302/404, CARO 2020, and local statutory audit requirements. Physical verification reports and audit trails ready when auditors arrive.

Put Assets to Maximum Use

Utilisation dashboards surface underused assets across every site. Redeploy idle assets to high-demand locations before raising new purchase requisitions.

Minimise Asset Loss

VTR (Verify · Tag · Reconcile) physical audits — scheduled or surprise — scan every tagged asset against the live register. Discrepancies are flagged and investigated before they become write-offs.

Automated Vendor SLA Tracking

Every AMC contract and service movement is tracked against agreed SLAs. System auto-escalates when a service job is overdue — so assets sent out for repair always come back on time.

VTR

The VTR Methodology — Verify · Tag · Reconcile

RCS's physical verification framework used by 500+ enterprises across 7 countries. Field teams scan asset tags on-site; the system reconciles against the live register in real time; discrepancies trigger structured investigation workflows — closing every audit with a signed, auditor-ready report.

The Complete Asset Lifecycle

From goods receipt to disposal — every step tracked, audited, and compliant.

Step / Action
Decision
System Auto
Exception / Error
Milestone
1
Procurement & GRN
2
Tagging & Registration
3
Allocation & Deployment
4
Maintenance & AMC
5
VTR Physical Audit
6
Disposal & Retirement
1
Asset Procurement & GRN
Asset Need Identified User / dept raises indent
Purchase Requisition (PR) Created Item, qty, budget code, justification
PR Approved?
No
Returned for Revision Clarification or budget rejection
Yes
Purchase Order (PO) Issued Vendor selected; PO number generated
Asset Delivered by Vendor
Quality Check Passed?
No
Rejection / Return to Vendor Debit note raised
Yes
GRN Auto-Created & Linked to PO System records receipt date, quantity
GRN Confirmed — Asset in Stores
2
Tagging & Registration
Asset Received in Stores After GRN confirmation
Tag Type?
Barcode / QR
Barcode Label Printed & Affixed
RFID
RFID Chip Encoded & Attached
Serial Number & Make/Model Captured
Asset Master Record Created in System Unique asset ID auto-generated
Photos Uploaded (min 2 angles)
Category & Sub-category Assigned IT / Infra / Furniture / Plant & Machinery…
Depreciation Block Auto-assigned Per IAS 16 / company policy
Asset Registered & Ready to Deploy
3
Allocation & Deployment
Allocation Request Raised User / dept / project / site
Asset Available in Stores?
No
Back to Procurement (Ph 1)
Yes
Allocated to User / Dept / Location
Installation Checklist Completed Verified by store-keeper & recipient
Accessories & Peripherals Recorded Mouse, power cable, carry bag, etc.
Ownership Transfer Workflow Triggered E-signature from custodian
Custodian Accepted?
No
Escalated to Dept Head
Yes
Asset Put to Use Status = In-Service
4
Maintenance & AMC
Maintenance Type?
Preventive
PPM Schedule Auto-triggered Date / meter-based
Breakdown
Breakdown Repair Request Raised Priority: Low / Medium / Critical
Work Order Created & Assigned Internal tech or external vendor
AMC Contract Applicable?
Yes
AMC Contract Linked; Cost Captured Vendor SLA tracked
No / Expired
Waiver / Ad-hoc Approval Sought
Maintenance Completed & Verified
Maintenance History Updated in System Cost, downtime, parts replaced
Asset Back In-Service
5
VTR Physical Audit
Audit Cycle Initiated Annual / Periodic / Surprise
Audit Checklist Auto-generated Based on asset register snapshot
Assets Scanned On-site Mobile / Handheld scanner (barcode/RFID)
Discrepancy Found?
Yes
Discrepancy Report Generated Missed / Misplaced / Untagged assets
Investigation & Reconciliation Physical search + custodian interview
None
100% Match Confirmed
Compliance Approved?
No
Ghost Asset / Write-off Flag Raised
Yes
Regularization Entry in System Location / custodian corrections applied
Audit Closed — VTR Report Signed Off
6
Disposal & Retirement
Disposal Request Raised IT / Ops exec — end-of-life or obsolescence
Finance + Ops Approval?
Rejected
Returned — Continue In-Service
Approved
Compliance Checks Completed Data wipe / safety clearance / insurance
Gate Pass Auto-generated Asset ID, reason, authorised by
Physical Handover at Gate Security logs gate pass number
Disposal Outcome?
Sell
Sale Invoice & Revenue Captured
Scrap
Scrap / Write-off Entry Posted
Asset Register Updated — Status: Retired Full audit trail preserved
Asset Lifecycle Complete
3
Deployed → In Use
4
Maintenance Scheduled
5
VTR Audit Cycle
6
Disposal Triggered

See TRAXX EAM in Action

Walk through the full asset lifecycle with your own data — from procurement and tagging through VTR audits and disposal.

Book a Demo →