The Advantages of a Dedicated Fixed Asset Management System

  • Source: Sage
  • Written By:
  • Published:
  • (Originally Published On:) )
When businesses implement an ERP system, they have to decide whether to manage fixed assets using an add-on module from the ERP vendor or a dedicated fixed asset management solution. The key differentiating factors can be functionality, ease-of-use, cost, and compliance issues. If you’re currently searching for a fixed asset management solution, this guide looks at the differences between the two types of assets and explains why a best-of-breed fixed asset management solution may be a more affordable, flexible, and reliable option than an ERP add-on module.

Featured Software Research:

CMMS vs EAM: What Is the Difference?

  • Source: IFS
  • Written By:
  • Published:
Every enterprise asset management (EAM) application can be used as a computerized maintenance management system (CMMS), but not every CMMS can be used as, or has the broad functionality of, an EAM application. More specifically, CMMS is essentially about managing maintenance work necessary to sustain an asset, whereas EAM has more to do with managing the asset over its lifecycle to minimize cost and risk while maximizing return. This white paper explores how CMMS applications and EAM applications... Read More

DPAS Ratings and Selecting ERP for Aerospace and Defense

  • Source: IFS
  • Written By:
  • Published:
Defense Priorities and Allocations System (DPAS) ratings are driven by regulation, but can be turned into a competitive advantage in the market for an aerospace and defense contractor or manufacturer running the right software. Selecting the right enterprise resource planning (ERP), enterprise asset management (EAM)), and other enterprise software is a challenge, and this white paper contains tips for a successful selection. Read More

You may also be interested in these related documents:

Best Practices for Fixed Asset Managers

  • Source: Sage
  • Written By:
  • Published:
In the world of accounting, the savings potential of improved fixed asset management is often overlooked. Yet assets like land, buildings, transportation, and manufacturing equipment represent among the largest investments most companies make. Sub-optimal fixed asset practices can threaten the accuracy of financial reports and negatively impact your bottom line. This white paper outlines best practices for fixed asset management and suggests tips for implementation, including establishing an accurate... Read More
 
comments powered by Disqus