Press

- Trust realises improved accuracy and inter-department workflow with integrated solution from Real Asset Management –

Large authority implements asset management solution to prepare for upcoming IFRS legislation and improve audit trail

Essex County Council, a large local authority, has selected Asset4000 from Real Asset Management (RAM) to control its £2.4bn worth of assets (as per 2008/09 accounts), in an order worth in excess of £50,000. The solution provides the Council with an IFRS-ready centralised asset register with the required component accounting detail, as well as improving back of house processes and strengthening the audit trail.
 

Local Council implements Series4000 from RAM to streamline process, ensure compliance and strengthen reporting capabilities for its 9000 fixed assets

Local authority selects Asset4000 to achieve IFRS/SORP compliance and ensure resilience within the asset register

Westminster City Council, the local authority serving the heart of London, has selected Asset4000 to manage its £2.3bn worth of assets. Asset4000 provides the Council with a centralised asset register which ensures the detailed level of component accounting required for IFRS compliance, whilst also enabling the authority to minimise errors and save administration time.