Integrated Asset Management for the NHS

Real Asset Management Plc (formerly Britannia Software) is the market leading supplier of IFRS compliant Capital Accounting and Integrated Asset Management Software to the UK public sector. NHS clients include over 200 Trusts of all sizes and types, including 40 Foundation Trusts, 22% of all NEP Client Trusts and over 30 SBS client Trusts. The system complies fully with the NHS capital accounting requirements including the FT FreM and integrates with all leading NHS finance systems.

RAM prides itself in being able to offer customers an integrated, trust wide system that satisfies the requirements of the Finance, IT, Estates and EBME/Medical Physics departments. Utilising modules from Series4000, all Trust assets can be tracked from the same database, thereby improving data accuracy and reducing time spent undertaking the annual verification exercise.

RAM is already enabling many Trusts to:

• Reduce data duplication and manual data entry by using an integrated system.
• Reduce time consuming data reconciliation processes as highlighted by auditors.
• Comply with the specialist capital accounting requirements of FT’s, PCT’s, PFI projects and IFRS.
• Maintain a centralised database of finance and operating leased assets as well as contracts, in line with IFRS requirements.
• Reduce time spent and improve the accuracy of annual verification processes by using barcode/RFID technology.
• Produce maintenance schedules and job tickets for planned and breakdown maintenance.