TRAXX

TRAXX vs UpKeep

UpKeep is a well-liked mobile-first maintenance app — work orders, technician workflows, parts. But maintenance management and statutory asset management are different jobs. Schedule II depreciation, CARO 2020 evidence, and a defensible fixed asset register aren't work orders. That's TRAXX.

UpKeep

Mobile-First Maintenance, US-First

US-based CMMS known for its technician-friendly mobile app — work orders, preventive maintenance schedules, parts inventory, and asset downtime tracking. Strong in US SMB and mid-market facilities and manufacturing teams.

Technician-first mobile work orders
Preventive maintenance scheduling
Parts & inventory tracking
Downtime & reliability metrics
US-market integrations
No Schedule II / IndAS 16 depreciation
No CARO 2020 evidence pack
No STPI / SEZ compliance reporting
No statutory fixed asset register
No on-site verification teams in India
USD pricing, US support hours
TRAXX

Built for Indian Statutory Reality

Full-lifecycle EAM with the India compliance stack built in — plus our own on-site VTR verification teams. Serving GE since 1999; 60 staff embedded at Genpact.

Statutory depreciation engine — Schedule II, IndAS 16, IFRS
Multi-GAAP parallel books, multi-entity, multi-site
CARO 2020, SOX & internal-control evidence packs
STPI / SEZ compliance reporting
Barcode / QR / RFID tracking
VTR on-site physical verification — our teams
Preventive maintenance & AMC tracking
Inter-location transfers & gatepass workflow
Disposal & retirement workflow
India-based support and implementation

A maintenance app is not an asset register

Work orders keep machines running. But when the statutory auditor asks for Schedule II depreciation workings, CARO 2020 physical-verification evidence, or the fixed asset register that ties to your balance sheet — a CMMS has nothing to hand over. Those are different systems for different questions.

Maintenance ≠ compliance

A CMMS answers "is the machine healthy?" Your auditor asks "does the register tie to the GL, is depreciation per Schedule II, and were assets physically verified?" TRAXX is built to answer the auditor.

Depreciation is law, not math

Companies Act Schedule II useful lives, IndAS 16 component accounting, parallel IFRS books for foreign parents — TRAXX computes these natively. A maintenance app leaves all of it to your ERP or your CA firm.

Verification needs people

CARO 2020 asks whether fixed assets were physically verified at reasonable intervals. TRAXX delivers verification certificates and reconciliation reports from our own on-site VTR teams — auditor-ready.

Feature-by-feature

Capability UpKeep TRAXX
Mobile work orders ✓ Technician-first
Preventive maintenance scheduling ✓ + AMC tracking
Parts & inventory ✓ Stores module
Barcode / QR scanning ✓ + RFID
Statutory fixed asset register (GL-tied)
Depreciation — Companies Act Schedule II
Depreciation — IndAS 16 / IFRS parallel books
Component accounting & useful-life revisions
CARO 2020 evidence pack
SOX / internal-controls evidence
STPI / SEZ compliance reports
On-site physical verification services (India) ✓ Own VTR teams
Inter-location transfer & gatepass
Disposal & retirement workflow ✓ + auctions
India-based implementation & support ✓ IST, on-site
Pricing currency USD INR

Comparison based on publicly available product information as of July 2026. Verify current capabilities with each vendor.

Pick the right one for your business

Pick UpKeep if

  • Your need is purely maintenance work orders for a technician team
  • Your operations and audit requirements are US-centric
  • Statutory depreciation and the fixed asset register live entirely in your ERP
  • A best-of-breed mobile CMMS is worth a separate system

Pick TRAXX if

  • You file under the Companies Act and answer to Indian statutory auditors
  • You need Schedule II / IndAS 16 depreciation without ERP gymnastics
  • CARO 2020 physical verification is on this year's audit plan
  • You want maintenance, assets, and compliance on one platform — not three
  • You want verification done by professional teams on IST

Evaluating UpKeep?

See TRAXX side-by-side in 30 minutes

Walk through the India-compliance gaps on your checklist — depreciation, CARO evidence, and physical verification — tailored to your audit calendar.

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Trusted by GE, Genpact, Tesco, ICICI HFC, DCB Bank, a global logistics leader, a Fortune 500 data storage manufacturer, RBL Bank, and 500+ enterprises across 7 countries. Read customer stories →

Comparing TRAXX and UpKeep?

30-minute personalized walkthrough — statutory depreciation, VTR verification, and India compliance, mapped to your requirements.

No commitment. We'll call you within 24 business hours to confirm your preferred time.

Built where your auditors are

See Schedule II depreciation, CARO 2020 evidence, and VTR physical verification in action — on IST.