Procurement
Suppliers
Add suppliers and their contact information. Track spending across vendors.
Purchase Orders
Create purchase orders for every supplier and add all procured assets.
Added Costs
Include additional costs such as shipping, clearing, customs, storage and installation.
Discounts
Any vendor discounts or deductions can be included in the total item price.
Notes
Masteri enables adding public or private notes and comments to each purchase order.
Attachments
Any documents or images can be included with each purchase order for future reference.
Accounting
Assets
Add fixed assets to the asset register with all purchase and added costs as well as any discounts.
Asset Classes
Categorize your fixed assets into different types per asset class such as furniture, buildings, land, vehicles, etc.
Asset Types
Each asset class can have multiple types. Furniture can have lighting, seating and equipment, etc.
Sites
Assets can be grouped according to location and area types. Total assets value per site is automatically calculated.
Depreciation
Depreciation can be set for each type or class of assets according to any depreciation method possible.
Reports
Masteri houses a comprehensive report generator. Thousands of templates are available to display reports with one click.
Maintenance
Incident Capturing
Any incidents such as asset damages can be reported from the mobile barcode/RFID scanners.
Audit Trails
A complete history of each asset is visible to the users. The audit trail tracks movement and status changes.
Approval Workflows
Mutiple users can be assigned to approve sending assets for maintenance or shifting assets between different locations.
Send/Receive
Sending and receiving assets is accomplished easily with just one click.
Notifications
Assigned users can be notified by email or through the system with any changes.
Alerts
Unauthorized changes are logged and alerts are sent to the concerned users.
Counting
Full Counting
Users can send full counting requests to field staff. A notification is automatically sent to the assigned field staff.
Partial Requests
Requests can be granular up to the site level dividing the work among field staff.
Missing Assets
Missing assets are automatically detected after a counting for a site is complete.
Baseline View
Users can automatically go back to view the baseline list of fixed assets.
Comparisons
Current count can be compared to previous counts or the baseline.
Reconciliation
Once counting is complete, the asset register can be reconciled and missing assets written off.
Tracking
Full Automation
With fixed RFID scanners, shifting of fixed assets is automatically logged.
RFID
Masteri is compatible with all Radio Frequency Identification labels and tags.
Barcode
Barcode is also natively supported in Masteri. A mix of RFID and Barcode is possible.
Real Time
Real time asset detection is possible with the installation of fixed RFID scanners.
Transfers
Authorized users can shift assets between different locations and can even loan assets to other properties.
Alarms
The systems can be connected to physical alarms in key areas that go of at any unauthorized transfer.
