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 Fortune 500 industrials since 1999; 60+ staff embedded at global business-services centres.

✓ 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.

Book a Free Comparison Demo →

Trusted across industrial manufacturing, global business services, retail, banking & financial services, and logistics — 500+ enterprises across 7 countries. Ask for a reference in your industry →

Comparing TRAXX and UpKeep?

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

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Built where your auditors are

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