Platform Overview

ServiceTiket LeaseOps — How It Works

Modern, cloud-based workflows to digitize the complete lifecycle of leased and purchased assets — from requisition and approvals to field audits, compliance, and end-of-life.

1

Setup & Configuration

Configure the organization exactly as it operates — with hierarchy, roles, asset masters, and leasing partners.

Organization Structure

Branches, departments, regions, and custom groupings

Area mapping by pincode or custom zones

Role-based access with SSO / AD integration

User Management

Granular roles for finance, operations, audit, and partners

Users mapped to multiple divisions and locations

Immutable audit logs for every user action

Asset & Vendor Masters

Asset classes, models, accessories, and images in one place

Master list of leasing partners and suppliers

Master lease agreements with all key commercial terms

2

Leased Asset Procurement Flow

Structured workflows ensure every leased asset starts with a clear business requirement, budget-checked approvals, and traceable documentation.

Asset Indent & Approvals

Requesters raise indents for assets by type, quantity, and location

Dynamic approval chains based on department, value, and geography

Budget validation at each stage; decisions fully logged

Lease Application & Partner Flow

Approved indents convert into structured lease applications

Automatic PTPQ and rent calculations based on asset value

Mandates exported or integrated with leasing partners

3

Purchased Asset Procurement Flow

Purchased assets follow their own optimized flow — with shared foundations and reporting, but clear separation from leases.

Requisition to PO

Indent and multi-level approvals similar to leased assets

Purchase requests capture vendor, location, and delivery details

POs generated from approved requests for direct suppliers

Delivery & Registration

Goods receipt with serial numbers, condition, and photos

Owned asset register created automatically on receipt

Assets move into the owned lifecycle with full traceability

4

Leased Asset Lifecycle & Field Ops

Once a lease is active, ServiceTiket keeps every deployment, movement, audit, and payment under control.

Deployment & Tracking

Assets deployed to locations, departments, or end users

Full move history with who, when, and where

Re-deployments tracked for audit and utilization analysis

Mobile Audits

QR / barcode scanning with GPS and photo evidence

Configurable audit frequencies by risk and asset type

Exceptions trigger tickets and escalations automatically

Rent & Modifications

Rent schedules and actual payments reconciled in one place

Early returns, renewals, and exchanges logged with approvals

Every lease event captured for accounting and audit

5

Owned Asset Lifecycle

Internal assets and merchandising deployments follow their own paths — but share unified tracking, maintenance, and retirement workflows.

Asset Register & Placement

Internal-use equipment tracked by user and location

Merchandising assets mapped to outlets and customers

Contracts and placement approvals linked to each asset

Maintenance & Spares

Breakdown tickets from the field app with defect codes

Preventive maintenance schedules auto-generate visits

Spare parts inventory and inter-branch transfers tracked

Retirement & Disposal

End-of-life decisions with approvals and disposal mode

Condition and photos recorded at retirement

Proceeds and regulatory evidence captured for audit

6

Compliance, Reporting & Integrations

ServiceTiket keeps finance, operations, and audit teams aligned with a single system of record and export-ready data.

Audit Trail & IFRS 16

Immutable logs for every approval and change

Export-ready data for IFRS 16 / ASC 842 calculations

Complete documentation from lease start to closure

Dashboards & Reports

Portfolio and spend views for CFOs and finance

Operational dashboards for locations and field teams

Exception reports for overdue payments, audits, and tickets

Data & ERP Integration

Bulk import of existing leases, assets, and schedules

Exports and APIs for ERPs and accounting systems

Connectivity to lessor portals and external service providers

Ready to Digitize Your Lease Operations?

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