Asset Classification – Structure Your Assets with Purpose

Not all assets are created equal — and treating them that way causes operational blind spots. The Asset Classification app empowers you to categorize assets intelligently using hierarchies, custom groupings, and tag structures that match your environment. From high-value equipment to general-use machinery, classification drives clarity, reporting, and lifecycle logic.

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Integrated Apps

Asset Classification works in tandem with:

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 Asset Master Records
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 Location Mapping
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Lifecycle Status Tracking
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Warranty Management
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Work Orders

Built for Structured Clarity

Your asset list is only as good as its classification. Break assets down by function, usage type, ownership model, maintenance tier, or business criticality. These groupings drive everything from depreciation rules to service schedules —and eliminate ambiguity across the lifecycle.

A woman using a dry erase marker on a whiteboard at her field service job.

Key Features

 Multi-level classification trees for all asset types

Custom class fields and metadata for precise grouping

Bulk reclassification tools for rapid reorganization

Supports usage-based, financial, operational, and compliance groupings

Connects to depreciation, lifecycle, and maintenance logic

Tag-based overrides for conditional exceptions

Visualize asset distribution across categories and locations

Enables filtered reporting by class and sub-class

Everything you Need All in one Platform

Compatible Systems

Asset Classification supports smarter structuring in:

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Enterprise Asset Management (EAM)
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Maintenance Scheduling Tools
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Compliance & Audit Frameworks
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Operational Reporting Suites
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 Depreciation & Lifecycle Planning
“We finally gained visibility into how many of each type of machine we had — and where they were. It changed how we planned maintenance and renewals.”
— Asset Lifecycle Analyst
Global Distribution Center

Classification That Drives Clarity

Every asset. Properly grouped. Always find what matters.