Compare FMIS Asset Management vs. Fixed Asset Module

FMIS, Financial and Management Information Systems, is a company that has extensive experience in providing Asset Management solutions for medium-sized to large enterprises. They are trusted in both the public and private sectors. FMIS can help you increase your production efficiency by partnering with a network software companies that allows seamless integration with major ERPs, Finance, CRM, and CRM systems. This is possible by combining key features into one solution. Asset Budgeting, Asset Lifecycle Management Audit Trail, Barcoding/ RFID, Depreciation Management and Inventory Tracking. These are just a handful of the software options that have been proven in case studies in over 40 countries. They help to standardize operations practices and provide a cost-effective solution capable of managing multiple requirements.

Government agencies must adhere to GASB 34 regulations, necessitating thorough tracking of assets, while the private sector places an even greater emphasis on not just tracking but also monitoring various aspects such as maintenance history, deployment location, warranty status, and depreciable lifespan. OPRA's Fixed Assets Module is designed to fulfill all these requirements and beyond. When equipment arrives at a site, it needs to be logged, bar-coded, and properly deployed. Following deployment, it is essential to monitor and account for the asset to determine the return on investment effectively. Additionally, there may be a need to relocate, retire, or temporarily take the asset out of service for repairs or storage. Throughout the asset's lifetime, multiple personnel—including those in receiving, accounting, maintenance, and management—may need to be involved in its management. By leveraging your current Internet infrastructure, OPRA's Fixed Asset Module not only addresses access challenges but also enhances overall asset management processes significantly. The comprehensive capabilities of this module ensure that every aspect of asset management is streamlined, allowing for greater efficiency and accuracy in tracking and reporting.