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core360inventory
par Tembe Group (Pty) Ltd
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GRAP-compliant asset management platform for South African municipalities and public sector entities
Core360 is a cloud-based asset management platform purpose-built for South African municipalities and government entities. It delivers full asset lifecycle management with built-in compliance to Generally Recognised Accounting Practice (GRAP) standards and the Municipal Finance Management Act (MFMA).
Key Features:
• Asset Lifecycle Management — Register, assign, track, depreciate, revalue, and dispose of assets with full audit trails. Supports Straight-Line, Declining Balance, and Units of Production depreciation methods.
• GRAP Compliance — Built-in support for GRAP 17 (Property, Plant & Equipment), GRAP 5 (Borrowing Costs), and GRAP 21/26 (Impairment). Includes asset classification, componentisation, revaluation surplus/deficit tracking, and capital commitments disclosure (GRAP 17.86(b)).
• Capital Work-in-Progress (WIP) — Track construction projects from planning through capitalisation. Manage contracts, variation orders, retentions, borrowing cost capitalisation, budget revisions, milestones, and project documentation.
• Immovable Asset Management — Specialised tracking for land, buildings, and infrastructure including title deeds, ERF numbers, GPS coordinates, zoning, and condition assessments with a 5-point rating scale.
• Inventory Management — Track inventory items across multiple stock locations with movements, low stock alerts, supplier management, and request workflows.
• Financial Reporting — Pre-built reports including GRAP Asset Register, Depreciation Analysis, WIP Aging, Capital Commitments Disclosure, Revaluation Schedule, Cost Centre Analysis, and more.
• Device Tracking — Lightweight agents for macOS and Windows automatically report IT asset telemetry including IP address, hostname, and last-seen status.
• Multi-Tenant Architecture — Secure data isolation per organisation using PostgreSQL Row-Level Security. Each municipality's data is completely separated at the database level.
Core360 is delivered as a fully managed SaaS solution. No infrastructure deployment is required — simply subscribe and start managing your assets through any modern web browser.
Target Users: Municipal CFOs, asset controllers, infrastructure engineers, IT managers, fleet coordinators, and finance teams responsible for GRAP-compliant asset reporting.
Vue d’ensemble
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