AssetWare Technology

Effective asset management plays an essential part in linking service delivery and cost together in such a way to achieve and sustain a high level of customer satisfaction. Despite its importance, it is often one of the most neglected practises within competitive organisations; this is where AssetWare can help.

Effective Asset Management is all about being able to control, monitor and organise your companies assets in such a way which maximises their value; it’s all about knowing what you’ve got, where it is, what it’s used for, how much it’s worth and even its depreciation cycle. The ability to keep on top of your assets is crucial, and
Established in 1987. AssetWare Technology is a market leader for Asset Management Solutions, providing quality software, expertise and professional services. The aim is to provide all levels of company hierarchy, from Accountants to IT managers, with powerful yet easy to use software that will not only lighten their workload but effectively manage the full lifecycle of any of the organisation’s assets. There are three levels of licensing available, to cater for small, medium and large sized organisations, and the AssetWare programmes are designed to be easy to use with highly customisable features to suit both individuals and global preferences. The products are now recommended by Pegasus Software and links are available to both Opera II and Astute.

AssetWare Manager

AssetWare Manager is one of the leading UK Asset Management Solutions programmes, and can be linked up with your existing spreadsheet applications to manage your entire asset reporting requirements in the most efficient way possible, including;

Statutory Disclosures
Additions
Disposals
Transfers
Journal Entries
Depreciation Forecasting

AssetWare management solutions make assessing your financial and strategic movements easy, and enable you to make informed knowledgeable decisions on how best to move the business forward.

AssetWare Manager: Main Features

AssetWare Manager is a powerful asset management system, allowing users to move from their existing spreadsheet programmes without losing any of the flexibility that a spreadsheet provides.
The software has been developed and improved using customer feedback, which means all of the desired features have been incorporated whilst keeping the user interface simple and easy to use.
AssetWare Manager provides clients with the ability to monitor all of the transactions recorded against the assets, meaning your financial accountants/managers can quickly and easily forecasts any changes, movements and depreciation.
The programme now integrates with Opera and Sage Line 100, as well as Pegasus, SAP, AccPac, Dataflow and many other bespoke systems.

AssetWare Manager: Product Information

Company Environment
Currency conversion facility.
Parallel books option.
Open calendar allowing users to work in any period without having to shut down a previous period.
Language conversion facility.
Separate thresholds for capital expenditure and inventory expenditure.
5 custom reporting hierarchies proving in depth analysis of up to 15 levels.

Financial Operations

Depreciation and revaluation (including indexation) accounting.
Open accounting - user can work in any period without having to close a previous period.
'On the fly' calculations - figures produced instantly with no need to rerun the calculations.
Financial summary grid displaying invoice values, depreciation charges and revaluations of the asset.
Handles all depreciation methods. The user can also determine how a re-life should be handled.
Store multiple invoices (capital or expense) against a single asset. Rolling up of invoices to provide a single capital or expense value.
A Toolkit provides seamless integration with existing financial systems.
Currency conversion on asset records.
Assign assets to multiple costs centres - charges apportioned accordingly.

Asset Records

Immediate breakdown of the period charge for the asset's entire life when a record is inserted. Can also be viewed graphically.
Stores standard asset information such as asset code, sub code, multiple descriptions, serial number, barcode, units, procurement information, etc.
Innovative audit trail recording complete details for all lifecycle events.
Asset report - provides a 'snapshot position' of the asset.
Each user can customise their own 'view' of the asset records - colour, layout and presentation of information.

Data Gateway

A Wizard guides the user through the design of customised data handling documents in a grid format.
These documents can be used for additions (quick entry, periodic imports, or imports from purchase ordering systems), bulk operations or exports.
The grid (or document) can be populated manually, using views (selection of assets in the application) or by file import.
Bulk operations include procurements, transfers, movements, re-lifes, revaluations and disposals.
Documents can be saved and worked on intermittently. A validation routine is run before the information is submitted to the database.

Reporting

The powerful report builder can also be installed independently of the core application - ideal for senior managers not involved in day to day management of the assets.
Intelligent Wizards used to define the report formats your organisation requires.
Open reporting allows the user to report over any period.
Consolidate reports over multiple companies.
Currency conversion available on reports.

Adding Value to your Business

Decision Support
Reports designed by the user for their own particular requirements will provide accurate real time information. This powerful management tool swiftly provides the key information that enables informed decisions to be made.
Dead Capital
Reports will identify non-utilised assets that can be disposed of or redeployed. The elimination of 'dead capital' will save your business money.
Accurate Data
Interface with general ledgers will reduce human errors and simplify the reconciliation process with the GL, saving the business a lot of time over the year.