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Fixed Asset Management and Tracking Software for the Private sector

Already implemented across 3,000 companies in over 70 countries, Real Asset Management’s suite of fixed asset software offers a fully-scalable solution that has been designed to cater to the needs of SMEs through to large, corporate and multinational organizations across a wide range of industry sectors.

 

RAM'S Fixed Asset Software will help you to:

Complies with Corporate Governance

Comply with corporate governance

 
Simplify Year End Procedure

Improve asset Usage

 
Simplify audit requirements

Satisfy all audit requirements

 
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Improve departmental efficiency

 
Increse maintenance proodcutivity

Increase asset visibility and accountability

 
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Undertake regular physical audits

 

Features & Benefits

  • Complies with the latest accounting regulations including IFRS, UK/US GAAP, and Sarbanes-Oxley.
  • Reduces or eliminates reliance on cumbersome spreadsheets, affording both time savings and increased accuracy.
  • Fully interfaces with all third-party applications including finance and ERP solutions.
  • Manages assets across a number of locations and multiple companies.
  • Manages the effective usage of assets and plans for their replacement, including the incorporation of 'what if' scenarios.
  • Manages the payment schedule associated with finance/operating leases in accordance with IFRS 16.
  • Produces a full and precise audit trail to the satisfaction of external auditors and ensures accountability by providing details such as location, description. and asset custodian.
  • Manages a range of transaction types, including full and partial disposals, transfers, relifes, revaluations and splits.
  • Produces detailed analyses and reports quickly and easily.
  • Holds a centralized register of both capital assets and other portable or attractive items to support insurance claims in the event of fire, theft, vandalism, or other disasters.
  • Tracks the location of mobile assets using an advanced search facility that flags ‘rogue’ items as transferred, disposed of or missing.
  • Uses reports to reconcile purchases and disposals each month and gives auditors assurance of accurate asset value.
  • Defines depreciation methods in accordance with company policy.
  • Costs can be retained for past historical periods or produced for current and future periods as required.
  • Arranges assets in hierarchies, identifying parent/child relationships and dependencies.
  • Automatically posts journals to the finance system.
  • Commitment accounting facility for capital project control and assets under construction.
  • Computerized Maintenance Management System (CMMS) for the management of planned and reactive maintenance.

What our clients say

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There used to be intense preparation work involved when rolling over to the next accounting period. However, with RAM’s fixed asset software this time-consuming process has been reduced by 50%.

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Being able to record and control our assets through one central database and having easier, more accurate and timely reporting and interrogation of asset information will be of great benefit to the company.

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RAM’s reputation and strong client base, particularly within the banking/finance sector, was a key factor in our decision to purchase RAM’s system, as was the user friendly and feature-rich nature of the software.

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