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SoloTruth

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Serving customers since
2024
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SoloTruth Asset Relationship Management (ARM)

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SoloTruth ARM is an evidence-based fixed asset management platform that continuously verifies the physical existence, location, and condition of fixed assets and reconciles them with ERP financial records. Most fixed asset registers drift from physical reality the moment they are created. ERP systems record transactions — they cannot verify what actually exists on the floor. The result is ghost assets (assets in the register that no longer exist), zombie assets (assets on the floor missing from the register), overstated balance sheets, insurance overpayment, inflated audit labor, and increasing regulatory exposure as PCAOB long-lived asset deficiencies double year over year. SoloTruth ARM closes the fixed asset evidence gap by combining field inspection evidence capture, IoT and RFID asset monitoring, AI document extraction, and universal orchestration to route exceptions and push verified updates back into the ERP fixed asset subledger automatically. Key capabilities: - Continuous fixed asset verification against the ERP register - Ghost asset detection and elimination - Evidence-grade audit trail for every asset: identity, location, condition - ERP asset reconciliation with automated exception routing - Integration with SAP FI-AA and other ERP fixed asset subledgers - Universal orchestration for approval workflows and ERP write-back SoloTruth ARM is built for asset-intensive mid-market manufacturers, companies preparing for ERP migration (SAP S/4HANA), and finance teams under increasing audit scrutiny for long-lived asset testing.

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Sandy, US

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What is SoloTruth?

SoloTruth is a technology vendor specializing in identity verification and fraud prevention solutions. The company offers a range of services designed to help businesses authenticate user identities, streamline onboarding processes, and reduce the risk of fraudulent activities. SoloTruth leverages advanced data analytics and machine learning algorithms to provide real-time insights and enhance security measures for various industries, including finance, e-commerce, and healthcare. Their solutions aim to improve customer trust and compliance with regulatory requirements while ensuring a seamless user experience.

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Year Founded
2024