Asset Management

Austrian software development companies structured as FlexCo/GmbH entities faced overwhelming manual asset tracking chaos. Finance teams spent 10-15 hours monthly managing spreadsheets tracking hardware, software licenses, subscriptions, and equipment. Manual VAT calculations and depreciation schedules led to 15-20% error rates in financial reporting.

Forgotten subscription renewals cost €5,000-10,000 annually in duplicate services. License tracking failures risked over-deployment violations with potential €10,000+ fines. Compliance with Austrian tax regulations (especially the €1,000 immediate depreciation threshold) required manual tracking prone to costly errors. No audit trail existed for asset history, creating regulatory compliance risks.

Developed an Austrian tax-optimized asset management platform with Angular 20 frontend (SpartanUI/Radix primitives) and NestJS 11 backend. The Austrian Tax Compliance Engine automates the €1,000 immediate depreciation rule, VAT calculations, and disposal profit/loss for tax reporting.

Key features include complete asset lifecycle management from acquisition to disposal, intelligent license management with AES-256-GCM encryption, subscription tracking with renewal alerts and duplicate detection, multi-tenant architecture with PostgreSQL Row-Level Security, three-tier RBAC (Admin, Manager, Viewer), and full-text search with PostgreSQL tsvector/tsquery.

The platform achieved 87% reduction in manual tracking time (15 to 2 hours/month), €19,000 annual net benefit with 1,056% ROI. Error rates in financial reporting dropped from 15-20% to under 2%. The system eliminates €5,000-10,000 in annual duplicate subscription waste and prevents potential €10,000+ license compliance fines. Austrian tax-specific automation delivers approximately €5,000/year in tax optimization that generic systems cannot provide.