AssetsTrak vs MeltX FAM

AssetsTrak is fixed asset management software for Indian businesses, with a central register that follows assets from purchase and capitalization through transfers, maintenance, retirement, and disposal. QR code, barcode, and RFID tagging support tracking and physical audits, including bulk label printing. Android and iOS apps can scan offline and sync queued scans when a connection returns. Approval workflows cover transfers, maintenance send-outs, and disposal; an audit trail records changes and attachments with timestamps. Its depreciation engine calculates schedules for Companies Act 2013 Schedule II and Income Tax Act block assets. Reports include CARO 2020 fixed asset statements and physical verification discrepancies, with Excel or PDF export. AssetsTrak is available as cloud SaaS or on-premise, including air-gapped deployments. The maker describes cloud infrastructure as SOC 2 compliant and says data is encrypted in transit using HTTPS/TLS 1.3. On-premise installations keep data within a private network and support Active Directory or LDAP SSO. Pricing is on request; a free live demo is available by request, with no trial period specified.

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.