Asset Management

5 articles

Asset Management in Flowtly provides tools for tracking and maintaining your organization's physical and operational assets. The module supports asset meters, meter readings, and the relationship between assets and commercial properties, giving you a comprehensive view of asset utilization and condition across your operations.

Asset meters allow you to define measurable parameters for each asset, such as operating hours, mileage, or energy consumption. Regular meter readings can be recorded to track usage over time, supporting predictive maintenance schedules and lifecycle cost analysis. This data-driven approach helps prevent unexpected failures and extends the useful life of your assets.

The module also manages the relationship between assets and commercial properties, ensuring that property-related equipment and infrastructure are properly documented and linked. Asset settings can be configured to match your organization's specific tracking requirements, including custom meter types, reading frequencies, and alert thresholds.

Example use cases

  • Meter Reading Tracking: Record periodic meter readings for building utilities, equipment run hours, or vehicle mileage, building a historical usage profile for each asset.
  • Maintenance Planning: Use meter data to trigger maintenance activities based on actual usage rather than fixed schedules, optimizing maintenance costs and reducing downtime.
  • Property Asset Mapping: Link assets such as HVAC systems, elevators, and electrical installations to their respective commercial properties for clear accountability and management.
  • Usage Reporting: Generate reports on asset utilization across properties and departments, supporting informed decisions about asset replacement, upgrades, or reallocation.
  • Asset Settings Configuration: Customize meter types, reading intervals, and notification thresholds to align the tracking system with your organization's operational standards.

Connection map

Refers toUses upDerived from
Documented hereDocumented elsewhere
reservation books property. property sits in location. reservation takes availability. availability read from property. asset belongs to property. reservation assigns to holder. holder holds property. tenant-turnover reported by counterparty. tenant-turnover compared per area from contract. utilities-statement calculated for contract.bookssits intakesread frombelongs toassigns toholdsreported bycompared per area fromcalculated forRReservation — A guest booking of one property between a check-in and a check-out date. It can be modified or cancelled after it is confirmed.ReservationPProperty — A bookable place. Reservations are made against it and occupancy is read from it.PropertyLLocation — The place a property sits in, for organisations running more than one site.LocationAAvailability — Whether a property can be booked for a period. Blocking removes it from what is offered without deleting anything.AvailabilityAAsset — A tracked item belonging to a property.AssetHHolder — The person or project a resource is currently assigned to. A resource that is closed to booking still has a holder, and the inventory names them either way.HolderTTenant turnover — A tenant's reported sales for one month, entered by staff and used for reporting only. An absent figure means not reported, which is a different statement from a reported zero.Tenant turnoverCCounterparty — The other side of a financial document — a client billed, or a supplier owed.CounterpartyCContract — The financial terms of an engagement: a structured set of payment schedule lines, in one direction or the other.ContractUUtilities statement — One lease's electricity for one month, the kWh its meters recorded times the tariff in force. A draft until finalised, then it never changes; a correction is a new draft.Utilities statement

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