Fixed Assets and Inventory Management

Matrix Hospitality Management offers Fixed Asset Inventory services to various hotels. We offer our services to hotels and restaurants in identifying the fixed assets, tagging, recording and reconciling the assets to maintain a proper fixed asset register. Matrix Hospitality works on a solution based on IBM Maximo that best fits the requirements and is also cost effective.

Maximo is the leading asset management software from IBM. It is built on a single software platform and delivers a comprehensive view of all asset types. Maximo provides a holistic perspective that allows you to see all your assets, as well as identify all the untapped potential within them.

Our solution follows a well-established and proven methodology that involves the establishment of the asset register framework, labelling the assets, scanning the asset details, downloading the data electronically into the software, and finally reconciling the asset data with financial details in your accounting records.

Our service is flexible and based on the amount of time we would need to carry out your inventory processes; the actual cost of the project is dependent on the total number of items we tag, which we’ll assess during the planning stage on our first visit to the property.

The benefits that will be derived from this exercise are as follows:

  • Gain an immediate overview of the fixed assets
  • Improve management of fixed asset maintenance
  • Ensure proper control on the fixed assets
  • Good governance

Our proposed Fixed Asset Register is a robust, practical, inexpensive and hassle free solution that adds value to the management and housekeeping activities pertaining to your valuable fixed assets.

We have extensive knowledge and hands-on experience of preparing fixed assets register for an operating hotel asset, update and maintain the fixed asset register, efficiently manage preventive maintenance and tracking function without sacrificing guest comfort. However, we believe the best time to do a fixed asset count, tagging and preparation of a register is before the hotel open its doors to the guests and starts with its operations.