Fixed Asset Management 'Cured' by RAM

Peter's Food Service selects 'user friendly' RAM system over other specialist solutions

Peter's Food Service, the chilled food distribution company which is also behind some of Britain's best loved pastry and cured meat products, has selected RAM’s Fixed Asset Management solution after a comprehensive evaluation of
specialist software.

Peter's, an owner-managed business acquired from the Grand Met Group in 1997, operates a nationwide next day delivery chilled food distribution business. Its manufacturing division produces over 300 tonnes of quality pastries and 150 tonnes of sausage and encased meats every week.

After a series of successful acquisitions the company decided that it needed to consolidate its fixed asset information within a specialist solution and began the process of detailed evaluation.

“We had been using a spreadsheet but the work involved in manually updating hundreds of separate calculations meant it was only really viable to run detailed calculations of depreciation once a quarter,” said Sharon Brown of Peter's Finance Team. Peter's looked at a number of specialist solutions and selected RAM because it was 'easy to use' and offered 'stronger reporting options'.

“Tasks like transfers, splitting assets by category and revaluations are just so much easier,” added Sharon Brown. “I have been able to reduce what used to be a full day's work on a spreadsheet down to a simple touch of a button. Now that's a real time saving.”

“Having talked to the people using our software at Peter's Food Service you get the impression that RAM has made quite an impact and the task of managing assets has certainly become a lot easier,” said Karen Conneely, RAM's marketing manager. “Not only have they saved a whole day every time they want to run their depreciation, they are now able to produce accurate management reports on request.”

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