AssetLens vs MeltX FAM

AssetLens is fixed asset management software for finance teams, built around an audit-grade asset register. For each asset, it calculates straight-line depreciation under the Companies Act and written-down-value depreciation under the Income Tax Act in parallel. Configurable approval workflows route transfers, disposals, and CAPEX requests by amount, category, or department. It tracks maintenance schedules and tickets, physical verification, insurance, warranties, revaluation, and impairment, as well as AMC contracts and compliance documents with expiry alerts. Guided CSV and Excel import supports register setup; reports include IND AS Note 10 and IT Act Form 3CD exports. Starter lists 56 standard reports, while Growth lists Operations Forward reports. AssetLens is available on the web or self-hosted. Starter costs ₹10,000 a year for up to 370 assets. Growth is listed at ₹27 a year, billed per asset per year. Enterprise pricing is custom, and a 30-day free trial is available without a credit card.

MeltX FAM is fixed asset management software for asset-heavy Indian organisations. It keeps a controlled register from procurement and tagging through maintenance, verification, and disposal. Assets can be identified with barcode, QR, or RFID tags; Android field teams can verify them, capture geo-tagged photographs, work offline, and synchronize later. The system calculates depreciation under Schedule II of the Companies Act 2013 and maintains a separate block-of-assets working under the Income Tax Act 1961. Maintenance functions include preventive schedules, work orders, breakdown and repair records, and warranty or maintenance-contract expiry alerts. Transfers, reassignments, impairments, and disposals can use role-based approvals, with field-level history retained. FAM exchanges asset masters, capitalization entries, and depreciation postings with finance systems, with integration scope confirmed during discovery. It shares asset records with MeltX ITAM, ITSM, Property Management, and Fleet Management. Deployment options are on-premise, State Data Centre, or India-hosted cloud. MeltX describes encryption, multifactor authentication, role permissions, immutable audit trails, and certifications including ISO 9001:2015 and ISO/IEC 27001:2022. Platforms are Android and web; pricing is available on request.