Platform modules

Procurement

PR → RFQ → PO → GRN → Invoice → Payment. 98% auto 3-way match. GST, TDS, e-Invoicing built in.

Enterprise Asset Management (EAM)

Fixed asset register, depreciation (IND AS 16 / Schedule II), VTR physical verification, maintenance, disposal auctions.

Contract Lifecycle Management (CLM)

Draft → review → approval → execution → renewal. AI clause extraction, e-signature, obligation tracking, auto-renewal alerts.

Enterprise Service Management (ESM / ITSM)

Helpdesk ticketing, SLA management, asset-linked incidents, escalation workflows, CMDB, and knowledge base.

Sourcing

RFQ, RFP, reverse auctions, vendor shortlisting, bid evaluation. AI-assisted drafting and comparative analysis.

Supplier Management (SRM)

Vendor master, onboarding, scorecards, GSTIN/PAN validation, risk monitoring, and performance dashboards.

Finance & Budgets

Budget controls, spend analytics, GSTR-2A reconciliation, TDS, IND AS 16 / IFRS 16 depreciation, and multi-entity reporting.

Analytics & Reporting

Real-time dashboards, spend heatmaps, vendor scorecards, cycle-time reports, and custom report builder.

Vendor Portal

Self-service portal for suppliers to submit quotes, track POs, upload invoices, and view payment status — no email chains.

Features & capabilities

AI Assistant

RFQ drafting, 3-way match, anomaly detection, and predictive analytics.

Depreciation Engine

Schedule II / IND AS 16 / IFRS 16 — SLM, WDV, unit-of-production methods.

Disposal Auctions

Tender, reverse auction, and direct-sale disposal with bidder portal and e-waste compliance.

VTR Audit Campaigns

Barcode/RFID scan, photo evidence, ghost asset detection, and real-time reconciliation.

Workflow Engine

No-code approval matrix, multi-level escalation, SLA timers, and conditional routing.

Contract Risk Management

AI clause risk scoring, obligation tracker, auto-renewal alerts, and litigation flag.

Contract Audit Trail

Immutable version history, timestamped approvals, and full audit log for compliance.

Customisable AI

Configure AI thresholds, train on your vendor and product data, and control automation levels.

Workflow guides

Asset Movement Workflow

Step-by-step: PR → approval → PO → GRN → invoice → payment.

Asset Management Workflow

Capitalisation → depreciation → maintenance → VTR audit → disposal.

Asset Movement Workflow

Transfer requests, custodian changes, location updates, and gate-pass generation.

Contract Management Workflow

Draft → review → negotiation → execution → renewal → archival.

ESM / ITSM Workflow

Ticket intake → triage → SLA clock → escalation → resolution → KB publish.

Solutions by industry

🏭

Manufacturing

Multi-plant asset tracking, maintenance, VMI

🏦

Banking & BFSI

RBI compliance, CARO 2020, multi-branch EAM

💊

Pharma

Controlled asset tracking, quality approvals

📡

Media & Broadcast

Production equipment lifecycle, AMC

💻

IT & Enterprise Services

ITSM, CMDB, asset-linked ticketing

🏗️

Infrastructure & Real Estate

Large-scale FAR, depreciation, VTR campaigns

Compare & alternatives

vs Procol

S2R vs S2P. Asset lifecycle is our wedge.

vs SAP Ariba

Deploy in weeks, not 18 months. Indian compliance built in.

vs Coupa

Native EAM and ESM. No separate tool for every lifecycle stage.

vs Kissflow

Purpose-built procurement vs generic workflow tool.

vs Zycus

Full S2R cycle, not just sourcing and analytics.

vs SAP MM

Modern UI, faster implementation, no ABAP required.

Procurement software India

Why Indian enterprises choose TRAXX over global platforms.

EAM platform India

What makes a true EAM platform vs a basic asset register.

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