Fixed Asset Software Vs Spreadsheets

Should I be using Fixed Asset Software or is a spreadsheet sufficient?

Whilst there are a number of advantages to using spreadsheets, including speed and cost effectiveness of set-up, the ease of modification and the flexibility of conducting simple calculations, there are also a number of disadvantages which far outweigh the benefits. In particular, organisations that use spreadsheets to manage an ever growing asset register constantly struggle to address a variety of issues surrounding the accountability and traceability of their asset base.