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Public Sector

Ensuring compliance and improved control for public sector asset management

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Product Info

Why use FMIS Fixed Asset Management?

✓ Compliant with IFRS, SORP, Component Accounting, CIPFA and HM Treasury guidelines
✓ Increase departmental productivity and efficiency
✓ Simplify month end and year end procedures
✓ Accurately calculate and easily post depreciation
✓ Improve the speed and accuracy of physical asset audits
✓ Track assets over the full life cycle from acquisition to disposal

Central Government

FMIS for Central Government

Track and maintain all estates and equipment across multiple sites. Record scheduled and reactive maintenance and receive automated alerts. Work orders ensure all work is carried out correctly and tracked at every stage.

Local Government

Ensure complete control and visibility for all fixed assets and comply with local GAAP, IFRS, Component Accounting and all required standards. Track actual spend vs. planned spend and manage capital budgets easily. Account for lease obligations and generate all ledger postings.

Finance

FMIS for Finance teams

Ensure compliance with all key local and central government standards and guidelines. FMIS Fixed Asset Management will provide complete visibility of all assets and the control to effectively manage and report on Capital Project costs and budgets.

Maintenance

FMIS for Estates Management

Schedule, execute and record maintenance effectively for all equipment and assets. Maintain detailed inventories and simplify asset audits. Record and manage service requests using work orders to track job status and costs.

IT

FMIS for IT Teams

Track the location, status and history of all IT assets in real time over the full life cycle from acquisition to disposal. Allocate equipment to specific users, tag individual items for easy auditing and attach any relevant documents to the asset including warranties and images.

Solutions for Government

Fixed Assets

FMIS fixed asset accounting & depreciation

Fixed asset accounting and depreciation to ensure compliance with GAAP, IFRS and relevant accounting standards.
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Asset Tracking

FMIS Asset Tracking

Track the location, status and history of all assets, inventory and equipment across multiple sites and companies.
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Equipment Maintenance

FMIS Equipment Maintenance

Schedule and record all preventative and reactive maintenance. Set reminders and easily create work orders for all jobs.
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Lease Accounting

FMIS IFRS Lease Accounting

IFRS compliant software controlling obligations and contracts for all finance and operating leases linked to balance sheet items.
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Purchase to Pay

FMIS Purchase to Pay

Increase control and simplify every stage of the purchasing process from requisitions through order processing to goods receipt.
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Product Info

Looking for something else? View more FMIS solutions.

G-Cloud 15 - Government Commercial Agency Supplier logo

FMIS awarded G-Cloud 15 supplier status

FMIS Asset Management Software awarded G-Cloud 15 Supplier Status for Fixed Asset Management, Lease Accounting, Asset Tracking & Equipment Maintenance software.
UK public-sector indexation

Indexation in UK Public Sector Fixed Asset Accounting

Understanding how indexation fits alongside revaluation is now essential for finance teams managing non-current assets in the public sector.
Non-Current Assets vs Fixed Assets In the UK public-sector

Why the UK Public Sector Is Moving from Fixed Assets to Non Current Assets

Why is the UK public sector shifting to non-current assets, and how does FMIS software enhance control and compliance?
FMIS Fixed Asset Management - Waste Management Case Study

North London Waste Authority: A Local Authority Fixed Asset Accounting Case Study

FMIS Fixed Asset Management Case Study - How FMIS helped North London Waste Authority effectively track and managed fixed assets
G-Cloud 14 approved supplier logo

G-Cloud 14 Approved Supplier