Asset visibility and control, connected to your financial plan.
IDU provides financial visibility and control over assets, integrated with your existing asset register. Plan, track, and report on capital expenditure and asset activity in one governed environment, without duplicating systems.
Disconnected. Capex planning, asset registers, and verification processes sit across different systems. Reconciliation is manual, and asset validation is time-consuming.
Connected. With IDU, capex, financial tracking, and asset verification are brought together, aligned to your financial plan and integrated with your asset register.
Plan, track, verify.
Capex planning aligned to the budget.
Plan capital expenditure within the same environment as your operating budget. Timing, phasing, and approvals are managed in a controlled workflow.
Financial tracking of assets.
Track asset-related financial data, including cost, depreciation impact, and lifecycle events, within your financial plan.
Integrated with your asset register.
IDU does not replace your asset register. It integrates with it, supporting reconciliation, reporting, and financial alignment.
Asset verification, simplified.
IDU enables asset verification using the tools you already have. Generate and print QR codes, assign them to assets, and use a smartphone to scan and verify assets in the field. Updates are captured in real time, with no need for specialised hardware or barcode scanners.
Assets, planned, tracked, and aligned to your financials.
Financial control and visibility
IDU aligns capex planning with operational budgets, giving a clear financial view of asset activity. Asset lifecycle events and depreciation are reflected in reporting, with integration to your asset register supporting reconciliation.
Asset management support
Track additions, disposals, transfers, and movements within a controlled environment. Manage asset structures, verify assets using mobile-enabled processes, and maintain a full audit trail.
Reporting and governance
Asset reporting is aligned to financial results, with visibility across departments and locations. Changes are tracked in an audit-ready environment, reducing manual reconciliation.
From manual processes to controlled visibility
IDU removes duplicate tracking, manual reconciliation, and separate verification tools. Instead, you gain a connected financial view of assets, integrated verification, and a governed, auditable environment.
FAQs about Fixed Asset Management.
Does IDU replace our asset register?
No. IDU integrates with your asset register and supports financial tracking, reporting, and verification. It works alongside your existing asset system, not as a replacement.
How does asset verification work?
QR codes can be generated in IDU and assigned to assets. Users scan these using a smartphone to verify the existence and condition of assets, with updates captured in real time through the system.
Do we need specialised hardware?
No. Asset verification is performed using standard mobile devices, removing the need for dedicated barcode scanners.
Can we track asset movements and changes?
Yes. IDU supports tracking of additions, disposals, transfers, and movements. These actions are initiated within the system and routed for approval, with notifications sent to the asset register custodian for approval.
When are updates written back to the asset register?
Updates such as additions and disposals are only written back to the asset register once they have been reviewed and approved. This ensures control and alignment with your asset management processes.
How does this link to financial reporting?
Asset-related financial data, including depreciation impact and capital spend, is reflected within your broader financial plan and reporting structures, ensuring alignment between assets and financial performance.
How are users notified of asset activity?
Users and administrators are automatically notified via email of asset-related actions such as new assets, disposals, and transfers, ensuring that approvals and updates are actioned promptly.
“IDU eliminated manual collation and gave us a single, reliable source of truth for our budgets.”
“For the first time we have been able to include more people in the budgeting process, increasing involvement and transparency.”
Asset management, connected to your financial plan.
Improve visibility, simplify verification, and maintain control without duplicating systems.