RAM’s software shortlisted for ‘most innovative IT system’ as Housing Associations look to comply with component accounting standards
Real Asset Management (RAM), a specialist provider of component accounting software to the Housing Sector, is a finalist at this year’s Housing Innovation Awards, having been shortlisted in the ‘most innovative IT system’ category. The Awards will honour organisations who are at the forefront of the housing sector, be they landlords, contractors, sub-contractors, suppliers or partner agencies.
The software is designed to assist Housing Associations in meeting the legislative requirements of the sector, including SORP 2010 and IFRS going forward. It can control, track and record changes that occur within an asset’s lifetime, calculate depreciation and maintain a comprehensive audit trail.
Karen Conneely, Group Commercial Manager of RAM comments, “We are very pleased to be a finalist at the 2012 Housing Innovation Awards and this reflects the impact our product has had on Housing Associations nationwide. With the impending SORP deadline placing immediate demands on the sector, the software is a proven solution that will ensure compliance by the deadline, regardless of the volume of assets.