Series4000 On-Demand is a Component Accounting Solution developed specifically for SORP and IFRS Compliance within smaller Housing Associations
Real Asset Management (RAM), supplier of best of breed Component Accounting solutions, has announced the launch of Series4000 On-Demand, aimed at smaller housing organisations still using spreadsheets or an inflexible legacy asset module. Through its extensive experience in the sector, RAM has created the solution by recognising that smaller housing associations are in need of the same functionality as any larger organisation. This solution is aimed at overcoming those budgetary concerns that often prevent implementing a system that will fulfil the requirements of SORP 2010 now and IFRS in future.
The new licence option offers a more affordable way of using RAM’s Component Accounting solution, Asset4000. Available on a monthly subscription basis, smaller HA’s can take advantage of having a robust and proven system for a lower initial capital outlay.
Karen Conneely, Group Commercial Manager at RAM, comments, “Despite their smaller scale, many associations have reasonably high volumes of asset records to manage under Component Accounting. They often have very limited resources at their disposal to take on the vast amount of additional work that is generated by using either spreadsheets or less feature-rich, legacy asset registers. We wanted to be able to offer these organisations a system that has all the functionality they need and is also efficient, effective and flexible at a more affordable level. This is something that Series4000 On-Demand will enable us to do.