FAS User infographic - Real Asset Management · oss an oom oss an es oom oss an oom oss an oom d...
Transcript of FAS User infographic - Real Asset Management · oss an oom oss an es oom oss an oom oss an oom d...
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Head Office
Finance, IT and Procurement departments can gain vital information about the asset base and have confidence that the asset values on the balance sheet are correct. When the asset register is up to date, resources are utilised more effectively, insurance claims can be proved and lost assets are kept to a minimum.
Sub Offices
Assets at sub offices can be tracked regularly so that information can be sent directly to the central asset register.
Who Uses Fixed Asset Software?
Effective fixed asset management software with a central asset database is vital for every organisation with a significant number of assets. If each division maintains a separate fixed asset register, then problems can occur. The infographic below shows the ideal scenario of how the process should work.
I.T. Department
IT staff need to keep track of asset location and access up to date information about IT equipment.
Finance Department
Effective fixed asset software enables the finance team to calculate depreciation and meet both corporate governance and audit regulations.
Central Asset Register
With all assets held centrally, an organisation can gain a true picture of what it owns.