Most organizations face significant challenges related to tracking location, quantity, condition and the depreciation status of their fixed assets. Ordinarily fixed assets are recorded and maintained in a spreadsheet, fixed asset register (FAR) or an ERP system. These records at this point are periodically verified through audit activities, such as physical inventory. To overcome all these ambivalent processes, SIL is investigating and proposing simple, consumer grade mobile solution that to automate and streamline mobile and fixed asset inventory and reconciliation.