Asset Tracking Software for Fixed Assets in Riyadh, Saudi Arabia
Know where every laptop, vehicle, machine and piece of furniture is, who holds it, when it needs service and what it is worth today. Tag assets with barcode, QR or RFID and audit them from your phone.
A live fixed asset register instead of an outdated spreadsheet
In many Saudi companies the asset register lives in an Excel file that finance updates once a year. By the time auditors arrive, laptops have moved between departments, equipment has been sent to a site in the Eastern Province, and nobody is sure who signed for the company car. AxoOne Asset Tracking gives every asset a unique tag and a digital record: purchase details, supplier, warranty, location, custodian, photos and documents, all searchable in seconds.
Staff scan a tag with a phone or handheld reader to receive, move or return an asset, and every action is logged with date, user and location. Finance gets depreciation schedules and a register that matches the books, operations get maintenance reminders, and HR gets a clear custody list to clear before an employee's final settlement or exit.
Who it’s for
- Finance and accounts teams
- IT departments managing devices
- Contracting and construction firms
- Facility management companies
- Schools, universities and training centres
- Hospitals and medical centres
- Hotels and serviced apartments
- Logistics and fleet operators
- Government suppliers and semi-government entities
Features at a glance
- Central fixed asset register
- Barcode and QR tag printing
- RFID tag support
- Mobile scanning app
- Employee custody records
- Digital handover forms
- Location and site tracking
- Asset transfers and approvals
- Preventive maintenance plans
- Repair and work orders
- Warranty and contract alerts
- Depreciation schedules
- Multiple depreciation methods
- Disposal and write-off
- Physical asset audits
- Missing asset reports
- Asset photos and documents
- Arabic and English reports

Advanced features
Tag and scan
Print durable barcode or QR labels, or use RFID tags, then scan from Android or iPhone to view and update any asset.
Custody management
Assign assets to employees with a signed digital handover, and see every item a person holds before transfer or exit.
Maintenance planning
Schedule preventive service by date or usage, raise work orders for repairs, and track the cost of each asset over time.
Depreciation engine
Calculate straight-line or declining-balance depreciation per asset class and post monthly entries to your accounts.
Fast stock-takes
Run physical audits by branch or room, scan what is present, and get an instant list of missing or misplaced assets.
Expiry alerts
Get reminders before warranties, insurance policies, service contracts and vehicle registrations expire.
Built for Saudi finance, audit and operations
Companies in the Kingdom prepare financial statements under IFRS as endorsed by SOCPA, or the endorsed IFRS for SMEs for smaller entities, which means property, plant and equipment must be recorded at cost, depreciated over useful life and reviewed for disposal. AxoOne keeps cost, accumulated depreciation and net book value per asset, groups assets by class and cost centre, and produces the register your external auditor asks for at year end.
Custody (العهدة) is a daily reality for Saudi employers: laptops, phones, tools, vehicles and site equipment handed to staff, including expatriate employees on rotation between Riyadh, Jeddah and project sites. AxoOne records each handover with signatures and photos, so outstanding custody can be checked before a transfer, vacation or final exit settlement.
Tagging service available
Our team can help you label existing assets on site and import your current spreadsheet, so you start with a clean, verified register.
Getting started
Review your assets
We look at your asset classes, locations and current register, and agree on tag types and depreciation rules.
Import and tag
Existing data is imported from Excel, then barcode, QR or RFID labels are printed and fixed to each asset.
Assign custody
Assets are linked to employees, departments and sites, with digital handover forms signed on the app.
Audit and maintain
Run your first physical count, switch on maintenance and expiry alerts, and get 24/7 support from our team.
Also from AxoOne
Frequently asked questions
Can’t find your answer? Call +966 599 340 593 or see the full FAQ.
What is asset tracking software?
Asset tracking software keeps a digital record of every company asset, such as IT equipment, furniture, machinery and vehicles. Each asset gets a tag that is scanned to record location, custodian, maintenance and value, replacing spreadsheets and making audits and depreciation much faster and more accurate.
Should I use barcode, QR code or RFID tags?
Barcode and QR labels are low cost and work with any phone camera, which suits offices and most companies. RFID tags cost more but can be read in bulk without line of sight, which helps warehouses, hospitals and large sites. AxoOne supports all three, and you can mix them by asset class.
Can the system calculate depreciation?
Yes. You set the method, useful life and residual value for each asset class, and AxoOne calculates monthly depreciation, accumulated depreciation and net book value. It also handles additions, transfers between cost centres and disposals, and exports the register for your accountant and auditor.
How does employee custody work?
When an asset is handed to an employee, the handover is recorded on the app with signature, date and condition. Each employee has a custody list that shows everything they hold, so items can be returned and checked before a transfer, long vacation or end of service.
Can I track assets across several branches and project sites?
Yes. Assets can be organised by company, branch, building, floor, room or project site. Transfers between locations need approval and are logged, and dashboards show the value and count of assets at each location in Riyadh, Jeddah, Dammam or anywhere else.
Inventory & Accounting Software
Compliance Management Software
Project Management Software