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FASTER Description

The management process for disposing of assets that are no longer in service, including those that have been decommissioned or put up for auction or sale, involves allocating proceeds to the designated accounts in accordance with the organization's internal policies. Each asset has scheduled actions monitored, such as vehicle registration renewals, emissions tests, and inspections, ensuring compliance with regulations. Users can efficiently generate detailed records for similar vehicles through asset templates, which streamline the creation of “birth certificate” documents. The system also supports tracking of multiple meters, enabling users to review each transaction that has impacted the meter readings. Contacts can be maintained for anyone associated with an asset, allowing for the inclusion of custom roles that specify their involvement with defined start and end dates. A comprehensive history view provides insights into all maintenance, repairs, and fuel expenditures related to the asset, along with calculations for cost per mile or gallon. Additionally, users can quickly export data from any search results to formats such as Excel, Word, and CSV, as well as generate standard reports in XML, CSV, PDF, Excel, or Word formats, all aligned with fleet and industry best practices. This robust system ultimately enhances asset management efficiency while ensuring adherence to company policies and practices.