The Advantages of a Dedicated Fixed Asset Management System

  • Source: Sage
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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.

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The database is an essential component of enterprise applications such as enterprise resource planning (ERP) and enterprise asset management (EAM). This white paper outlines the advantages and disadvantages of the Oracle and Microsoft SQL Server database platforms. How do the two compare when it comes to reliability, scalability, and total cost of ownership (TCO) when integrated with enterprise software? Read More

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Best Practices for Fixed Asset Managers

  • Source: Sage
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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

The Cost of Spreadsheets in Fixed Asset Management

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Spreadsheets have become one of the most prevalent software applications used in businesses today, for everything from simple calculations to impromptu databases for tracking a wide range of information, including employee hours, expense reports, and fixed assets. And while spreadsheets are inherently useful in business, they are constantly being used for tasks in which they are ill-suited. Many companies use spreadsheets for financial tracking and reporting, but the negative aspects of using spreadsheets... Read More
 
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