Tag Archive for: case study

N-Sea Case Study

N-SEA Enhances Offshore Equipment Management with FMIS

Streamline Offshore Equipment Management with FMIS: Enhance Efficiency and Minimize Downtime. Learn how N-Sea’s partnership with FMIS optimizes tracking, maintenance, and control of assets.

Doncasters Group Case Study

Doncasters consolidate their Fixed Asset Management with FMIS

Discover how FMIS transformed Doncasters’ fixed asset management from multiple spreadsheets to one comprehensive solution, saving time and improving accuracy.

KWE Ireland Case Study

KWE Ireland Improves Fixed Asset Management with FMIS

See how KWE Ireland improved their Fixed Asset Management with FMIS software. Efficient tracking, accounting and purchase control for transport and logistics.

FMIS Cloud Case study with ChannelPorts

ChannelPorts moves to FMIS GDPR compliant cloud hosting

ChannelPorts have selected FMIS Cloud as a simple and secure option to host their FMIS Fixed Assets solution.

FMIS-SOFTWARE-FOR-SANTA

Case Study – Asset Management for Santa Claus

Christmas was just getting too big for Santa to manage. Can FMIS help Santa save Christmas?

Fixed Assets Case Study Essex Fire Authority

Fixed Assets Case Study Essex Fire Authority

Essex Fire Authority use FMIS Fixed Assets to ensure compliance with IFRS, Component Accounting and additional standards.

ESA Purchase to Pay case study

Purchase to Pay Case Study with ESA

From Purchase to Pay with ESA – FMIS Purchase to Pay software allows ESA to manage stock and inventory for properties across London and the South East over the full asset life cycle.

Exponent Purchase Order Processing Software case study

Purchase Order Processing case study

Exponent Purchase Order Processing case study

Purchase Order Processing case study

Exponent: engineering and scientific consulting

Exponent is an international engineering and scientific consulting company with 25 offices worldwide. Their engineers and scientists have worked on many high profile incidents.

“Exponent has been using Vision since 2007. We found that though the majority of the company was not purchasing intense, there were several groups that were, and each had their own process. It was time to unify and standardise the process. In FMIS, Exponent found a system that provided the flexibility we needed to accommodate our approval matrixes while still seamlessly interacting and taking advantage of the capabilities of Vision.”

Sue Lawless
Business Manager at Exponent
Flexible approvals

Because Exponent staff are involved in a diverse range of projects, they needed a comprehensive but flexible purchase order processing (POP) software system. Their requirements included access to an approval process that allows their requisition orders to be signed off by the appropriate staff in line with their individual approval limits and project association, before the purchase orders are automatically generated.

Deltek Vision integration

Because Exponent already used Deltek Vision, they needed purchase order processing software that linked directly with their existing system. All FMIS products including Purchase Order Processing are designed to integrate directly with the Vision software. FMIS Purchase Order Processing will automatically match purchase orders against the relevant invoice, with any amends flagged for approval before posting to the general ledger in Vision.

Established name

When considering suppliers, Exponent wanted to be confident that their chosen provider had the experience and stability to provide the level of service required over the long term. FMIS software is used in over 40 countries worldwide and has been leading the industry for over 30 years, thus Exponent was able to call industry leading clients, such as Transammonia as a reference.

For more information on FMIS Purchase Order Processing and other products, please see our product pages or contact one of the team directly at sales@fmis.co.uk or on +44 (0) 1227 773003.

FMIS Lease Accounting case study image of yellow car and AA logo

The AA uses FMIS Leasing software

Leasing software | AA Case study | FMIS Leasing software

Leasing software case study

Why the AA uses FMIS Leasing

The AA was recently confirmed as the UK’s most trusted brand*, so it’s great that they trust FMIS Leasing software to forecast, calculate and track the monthly leases for their operational fleet. FMIS was commissioned to reduce the total time it took to prepare the month end accounts for all of the fleet adjustments, additions and periodic forecasts. FMIS was able to reduce the time required for the whole process from several days to a matter of hours.

“The AA is a diverse business with several different types of operational vehicles and a complex VAT structure. We chose FMIS as our partner as they demonstrated how their system was flexible enough to meet our requirements. The FMIS support team are working closely with us to continually improve and develop the Finance Lease Software that meets our on-going requirements.”

Brian Burkett
Head of Finance
Flexible

The AA has a wide variety of lease types that the selected system had to be flexible enough to handle such as:

  • Periodic tax changes impacting irrecoverable VAT and the fixed assets values
  • Changing maintenance and service provisions
  • Multiple invoices within a period
  • Extensions of the lease term
  • Finance charges based on fixed rates
Reporting

Tailored dashboards allow all the key stakeholders from Operations through Finance to view the information they need, when they need it and in a format that is useful to them.

Support

As the AA’s requirements have developed, FMIS Leasing software has been flexible enough to grow with them. FMIS provides ongoing support for all their clients including regular product enhancements to ensure FMIS Leasing remains ahead of the game and compliant with all accounting standards, such as IAS17.

For more information on FMIS Leasing and other products, please see our product pages or contact one of the team directly at sales@fmis.co.uk or on +44 (0) 1227 773003.

* Source: Survey of more than 3,000 people in the UK aged 18-74 between 4 January and 7 February 2014 by Rainey Kelley Campbell Roalfe / Y&R’s BrandAsset Valuator (BAV).

University Equipment and Maintenance Case Study | FMIS

Equipment and Maintenance case study

University Equipment and Maintenance Case Study | FMIS

Education – research loan equipment case study

Our customer is a world class university providing research facilities. They required a system allowing them to control the short term loan of specialist research equipment. FMIS provided a full asset tracking and loan service using the Equipment and Maintenance module within FMIS. The key requirements of the system included rapid access to any equipment item available within a particular date range and that loans could be pre-booked within a key calendar view, which has been configured around the equipment specifications.

Researcher request equipment

All students have access to the system through fixed assets integration with Active Directory. Every student who is part of the research group can make a request for equipment. Using the extensive search capabilities the equipment is booked to the loan diary/calendar.

Equipment issue

A full history and extensive set of attributes are held for each piece of equipment. The equipment items can be allocated in advance for as many potential researchers as possible. Equipment is formally issued to a researcher and a full audit trail is maintained.

Active alerting

Students are reminded by email of the exact return dates. The system equipment managers are regularly alerted to those pieces of equipment not returning within agreed time spans, this can be via email or by workflow alerts.

Damages

Any malfunction or failure in the use of the equipment can be recorded and the correct remedial action routed through work orders. The issues can be raised as part of the Research Portal.

Equipment and inventory

A full history is maintained for the complete life-cycle of each piece of equipment. Replacement planning and total cost of ownership can now be managed with ease.

Transfers and physical Audits

Equipment can be transferred between different departments and owning groups. A full audit can be conducted using barcode scanning facilities.

Utilisation and reporting

A number of additional reports were added to the standard product incorporating the feedback from the customer.