Nawatt
Organizing the world’s fixed assets with enterprise solutions
What is Nawatt? Complete Overview
Nawatt has been a leader in enterprise fixed assets services and technologies since 2008. The company specializes in organizing and managing fixed assets through a comprehensive suite of software solutions. Nawatt addresses critical pain points such as asset tracking, reconciliation, audit compliance, and valuation, making it an indispensable tool for businesses managing large-scale fixed assets. Target audiences include enterprises, hotels, universities, and other organizations that require meticulous fixed asset management to ensure financial accuracy and operational efficiency.
Nawatt Interface & Screenshots
Nawatt Official screenshot of the tool interface
What Can Nawatt Do? Key Features
Fixed Assets Software
Nawatt's flagship software provides a centralized platform for managing all fixed assets, ensuring accurate tracking, reporting, and compliance with financial regulations.
Register Creation
Automates the creation of detailed asset registers, reducing manual errors and saving time for finance and operations teams.
Physical Count
Facilitates efficient physical counting of assets with tools that streamline the process and integrate seamlessly with the software.
Reconciliation
Ensures that physical asset counts match financial records, helping organizations maintain accurate books and comply with audits.
Audit
Provides robust audit trails and reports, making it easy to demonstrate compliance with internal and external audit requirements.
Valuation
Offers tools for accurate asset valuation, supporting financial reporting and strategic decision-making.
Tagging/Labeling
Simplifies asset identification and tracking with customizable tagging and labeling solutions.
Solution Implementation
Nawatt's expert team ensures smooth implementation and onboarding, tailored to the specific needs of each enterprise.
Best Nawatt Use Cases & Applications
Hotel Asset Management
Equinox Hotels used Nawatt's Masteri software to track millions of dollars in fixed assets while furnishing over 4,000 guestrooms, ensuring accurate financial records and compliance.
Large-Scale Deal Compliance
Marriott saved a $133 million deal with Al Hokair by using Nawatt's software to quickly generate and send all required audit reports with a single click.
University Asset Tracking
Oklahoma University praised Nawatt's impeccable work and outstanding support throughout their project, highlighting the software's reliability and ease of use.
How to Use Nawatt: Step-by-Step Guide
Sign up for Nawatt's fixed assets software and complete the initial setup with the help of their implementation team.
Upload your existing asset data or start fresh by creating a new asset register within the software.
Use the tagging and labeling features to physically mark your assets for easy identification and tracking.
Conduct regular physical counts and reconcile them with the digital records to ensure accuracy.
Generate audit and valuation reports as needed, leveraging the software's built-in tools for compliance and financial reporting.
Nawatt Pros and Cons: Honest Review
Pros
Considerations
Is Nawatt Worth It? FAQ & Reviews
Nawatt serves a wide range of industries, including hospitality, education, and large enterprises that require robust fixed asset management solutions.
Nawatt's software includes reconciliation tools, audit trails, and physical count features to ensure that asset data remains accurate and up-to-date.
Nawatt does not currently offer a free trial, but interested parties can apply for a Blue membership to learn more about the software's capabilities.
Nawatt provides comprehensive support during implementation and ongoing use, including dedicated assistance for troubleshooting and best practices.
Yes, Nawatt's software is designed to integrate seamlessly with existing financial systems to ensure smooth data flow and reporting.