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AssetWare Technology

AssetWare Technology provides management solutions which encompass each and every aspect of financial and physical control of fixed assets. AssetWare Technology has over 19 years experience in the industry, providing Asset Management Solutions through quality products and technical expertise.

The system uses powerful software which is conversely user-friendly and compliant with international accounting standards. These products come by recommendation of Pegasus Software and links are also available to Opera II and Astute software packages.

Key indicators to effective Asset Management;

• Knowing how much stock you have at any given moment in time.
• Knowing where it is (which site)
• Knowing what its purpose is, and the value of the stock.
• Knowing what the storage costs are for that individual product.

AssetWare Technology's flexible asset management software is both comprehensive and adaptable enough to manage any organisations assets throughout the lifecycle of the said asset.

 Product Information:

• 5 custom reporting hierarchies providing up to 15 levels of analysis
• Currency conversion facility 
• Open calendar allowing users to work in any period without having to close a previous period
• Capital thresholds supported, allowing the user to maintain inventory expenditure separate from capital expenditure
• The application can be converted to multiple languages

Financial Operations:

• Depreciation and revaluation accounting
• Open accounting - user can work in any period without having to close a previous period
• Figures produced instantly without the need of returning to calculations to  rerun or rework
• Financial summary grid displaying invoice values, depreciation charges and revaluations of the asset
• Manipulates all depreciation methods. The user can also determine how a re-life should be handled
• Storage of multiple invoices (capital or expense) against a single asset. 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

• 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.
• Accurate Data
• Decision Support
• Reports will identify non-utilised assets that can be disposed of or redeployed. The elimination of 'dead capital' will save your business money.
• 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. 

AssetWare Technology provides a range of financial fixed asset management software, for capital, inventory and IT assets. If you’re looking for an auditing specialist, think AssetWare Technology!

For More information : awsales@synergytechnology.co.uk