Enterprise Asset Management
FMIS Enterprise Asset Management system combines the functionality of our full range of software in one comprehensive package. This system provides complete control over every aspect of asset management, from fixed asset registers through to barcode tracking, lease accounting, equipment, maintenance and capital projects. All of our solutions are compliant with GAAP and IFRS as well as most internationally recognised standards.
Key Features
- Full control and visibility with a unified asset view across all departments including finance, IT and operations
- Manage the full asset life cycle from acquisition through to maintenance, utilisation, tracking, leasing, depreciation, transfers and disposals
- Improved cost and resource efficiency as well as improved utilisation through seamless integration between modules
- Compliance with financial, health and safety and industry specific regulations
Fixed asset accounting
- Complete visibility of asset status, history and location
- Compliance with corporate governance requirements including local GAAP, IFRS, Sarbanes Oxley (SOX), Component Accounting and IAS
- Record and forecast depreciation using any method
- Track all transactions including full and partial disposals, transfers, revaluations, enhancements and splits
Equipment and Maintenance (CMMS)
- Record and schedule both preventative and reactive maintenance
- Full audit trail and equipment history
- Integrated stock and inventory management options
- Comprehensive built in reporting suite
Asset tracking
- Barcode tracking integration for Fixed Assets and Equipment
- Hand held scanning options for field and office use
- Update and re-allocate assets in real time
FAQ
What is Enterprise Asset Management (EAM)?
Enterprise Asset Management (EAM) involves managing an organisation’s assets throughout their lifecycle, from acquisition to disposal. This includes asset tracking, maintenance, depreciation, and compliance with regulatory standards like GAAP and IFRS.
Does the software support depreciation calculations?
Yes, the software supports various depreciation methods and allows recording and forecasting of depreciation schedules for accurate financial reporting.
Can FMIS EAM integrate with existing systems?
Yes, the software integrates seamlessly with existing accounting, ERP, and other FMIS solutions for streamlined operations.
What is a Fixed Asset?
A fixed asset is a tangible or intangible resource owned by a company and used in its operations to generate value over a long-term period. Examples include property, plant, equipment, vehicles, and IT hardware. These assets are not intended for immediate resale but are instead essential for day-to-day business activities.
Is training provided for the users?
Yes, FMIS offers training to enable your team can use the system effectively, maximising its value.
How does FMIS ensure data security within the system?
FMIS follows industry best practices for data security, including encryption, role-based access control, and secure system integrations.
How much does FMIS Software cost?
Pricing depends on factors like the number of users, required modules, and deployment method. Contact us to discuss your needs and request a personalised quote using our contact form.
