It’s the word on the lips of all public sector organisations from NHS to Central and Local Government - audit! The financial year end will soon be here and with it the time to welcome the auditors in and watch them scrutinise and pore over your hard work. So how can you ensure that the process is as seamless and stress-free as possible?
It’s simple - implement a fixed asset management system.
A fixed asset management system like Real Asset Management’s Asset4000 allows you to fully manage your assets throughout the year on a single database. So when it comes to impressing the auditors, with the click of a button everything you need is produced and printed before your – and their – eyes.
Unlike the traditional method of tracking your assets on a spreadsheet, Asset4000 confidently meets the latest IFRS guidelines with accurate depreciation, component accounting and excellent reporting and business intelligence; removing basic errors with a comprehensive audit trail of who is using the system and making the annual audit process quick and painless, for everyone involved.
If you are still using spreadsheets or an outdated system and looking to improve your fixed asset processes, why not contact RAM today for a free consultation. Contact us on +44 (0)1689 892 127 or at email@example.com">firstname.lastname@example.org.
Existing customers – we haven’t forgotten about you! If you have any questions regarding the system or want some advice on how to make the most of the features during this busy time of year, please contact your Account Manager today on +44 (0)1689 892 133.