Woodshop MasterWoodshop Master
Purchase Price Isn’t the Whole Story

“We got a great deal — but it cost us double in repairs.”

When you only track what you paid up front, you miss the full picture. Hidden maintenance, parts, and downtime costs undermine budgets and decision-making.
No Lifecycle View

“We keep buying the wrong models.”

Without comparing assets over time, teams default to what’s familiar — not what’s cost-effective. Lifecycle insights are key to smarter buying.
Surprise Expenses

“We had no idea it was costing that much.”

When asset-related expenses live in different systems, it’s impossible to see where the money goes. You need a single source of truth for asset cost performance.
We Keep Stuff Too Long—or Not Long Enough

“We guess when to replace equipment.”

TCO insights help justify when to upgrade, retire, or repair. Without it, replacements come too late — or too soon — wasting money either way.
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Total Cost of Ownership (TCO) – See the Full Cost Picture

Go beyond purchase price. The Total Cost of Ownership (TCO) app captures every dollar tied to an asset — from acquisition to operation to retirement — so you can make smarter investment decisions and optimize lifecycle planning.

About Woodshop Master

Why Woodshop Master?

Because you can't manage what you can't see.

Make Every Dollar Visible

Track what it costs to own and operate every asset — across its full life.

Cost Insights That Drive Strategy

From repairs to downtime, TCO reveals the truth behind every asset’s cost.

Lifecycle-Wide Cost Visibility

Smarter Procurement & Retirement Timing

Fully Linked to Real-Time Maintenance

Budgeting-Ready Dashboards

Cost Comparison Across Asset Types

Works with Financial & ERP Systems

Integrated Apps

Total Cost of Ownership integrates with:

Asset Master Records

Capitalization Log

Spare Parts Usage

Work Order Management

Disposal Planning

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Your Personal Guide on Every Page
From the first click to the final step, Ikhana, your on-screen tutor, shows you how it all works. Every field, every button, every page – explained with clarity, just a tap away.
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App Features

Full Lifecycle Cost Tracking
Capture every cost category — acquisition, operation, maintenance, and disposal — in one place.

Automated Cost Feeds
Ingest data from work orders, parts usage, depreciation, and service logs in real time.

Visual Dashboards & Reports
See trends, peaks, and cost breakdowns through interactive charts and exportable reports.

Asset Comparisons by Model or Class
Evaluate performance across manufacturers, asset types, or service profiles to inform future purchases.

Support for Budgeting and Capital Planning
Use real cost data to shape procurement plans, justify replacements, and align to budget cycles.

Link Costs to Operational Outcomes
Understand which assets drain resources and which deliver ROI — and take action accordingly.

See It in Action

Stop guessing what your assets really cost.
Use lifecycle data to drive better purchases, budgets, and replacements.