Crawley Borough Council selects capital accounting software from RAM to support the new faster closedown initiativeWednesday, 18 November 2015
Crawley Borough Council has selected Real Asset Management’s (RAM) proven capital accounting software to control and report on its £582 million asset base. Faced with the forthcoming challenge of a faster closedown of the accounts at year-end, Crawley Borough Council decided that it was the right time to review its current processes and to set in place a system to improve the efficiency of its asset accounting methods.
Habib Bank UK transforms its fixed asset accounting and tracking processes with help from Real Asset ManagementWednesday, 11 November 2015
Habib Bank UK has made the decision to overhaul its existing bespoke fixed asset solution and replace it with Real Asset Management’s (RAM) integrated fixed asset accounting and tracking software, in a drive to modernise its current processes and increase the visibility and accountability of its asset base.
The imminent introduction of new financial reporting standards is likely to have a major impact on the housing sector. Managing the transition from SORP 2010 towards the inclusion of the international standards of FRS 102 will not be without its challenges. However, as has been the case with previous shifts in accounting requirements, the process does not need to be a daunting one.
Glasgow Kelvin College (GKC) has implemented Real Asset Management’s (RAM) asset management and tracking software to record and control its 5,000 assets, currently spread across 5 campus locations. Advised by its auditors during a recent audit, GKC had a requirement to put in place a system to accurately record its fixed assets inventory to ensure that its publicly funded purchases are physically protected and tracked so as to comply with the requirements of the Scottish Public Finance Manual.
University of the The West of Scotland (UWS) has recently gone live with a University-wide implementation of Real Asset Management’s (RAM) specialist asset management software.
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