How PwC Manages 100,000+ Fixed Assets Across 18 Locations with Smart Asset Tracking
Introduction
Customer Case: PwC — Enterprise Asset Visibility (tag8 Partner)
PwC, one of the world's leading professional services firms, operates across 150+ countries providing audit, advisory, and tax solutions. Managing 100,000+ fixed assets across 18 locations in India, Bangladesh, and Nepal required a scalable, intelligent solution. Through our partner tag8, the SmartX HUB ecosystem delivered comprehensive asset visibility and lifecycle management.
The Challenge
PwC faced critical challenges: difficulty tracking the location, condition, usage, and ownership of assets, leading to risks of loss, theft, and duplication; manual operations for auditing and documenting asset movements, resulting in inefficiencies and high error rates; and a lack of centralized systems to reconcile assets across multiple facilities and teams.
The Solution
tag8 partnered with PwC to deploy the Smart Asset Visibility Solution:
- Floor-to-book asset tagging with QR codes for accurate identification and reconciliation.
- First-time Fixed Asset Register (FAR) building establishing a single source of truth.
- ML-powered gap analysis in FAR to identify discrepancies automatically.
- Customized platform enhancements over 5 years to align with evolving requirements.
- Integration roadmapping with enterprise systems like Workday and Oracle.
- Regular asset audits conducted across India by dedicated field teams.
- Monthly health reports analyzing account performance and providing insights.
Implementation and Results
The implementation of SmartX HUB delivered measurable, transformative results for this company:
- Enhanced audit efficiency with faster monitoring, reconciliation, and error-free asset checks.
- Unlimited scalability with seamless tracking across 18+ locations.
- Significant time and cost savings through automated asset management.
- Simplified operations with QR-based scanning for audits and analysis.
- 5/5 service rating from PwC in provider reviews.
Conclusion
PwC's deployment across 18 locations and 100,000+ assets demonstrates that intelligent asset tracking scales to enterprise requirements. The combination of QR-based tagging, ML-powered analytics, and centralized management delivers the accuracy and efficiency that global organizations demand.
For more details on this innovative project and other initiatives, visit our website and stay tuned for more updates on how our customers continues to lead in safety and operational excellence
About us
SmartX HUB delivers intelligent, real-time IoT and RFID solutions that empower organizations across manufacturing, logistics, healthcare, oil & gas, and more. By integrating smart technology with deep domain expertise, we help companies enhance operational efficiency, ensure compliance, and make data-driven decisions that improve safety, productivity, and asset performance.
From asset tracking and condition monitoring to workforce safety and supply chain automation, our scalable platform puts visibility and control at the core of every process—supporting sustainable, high-performance operations for the demands of the 21st century.
