FMIS Software
FMIS offers advanced solutions for fixed asset management, asset tracking, and lease accounting, tailored for various industries.
Need help?
We can help you find specialists for FMIS Software. Let us connect you with the right experts to assist you.
*User registration required
Description
FMIS Software provides a comprehensive suite of solutions aimed at optimizing asset management across different sectors. The software specializes in fixed asset management, asset tracking, lease accounting, and equipment maintenance, ensuring compliance with financial regulations such as GAAP, IFRS, and ASC 842.
### Fixed Asset Management
The FMIS Fixed Asset Management System facilitates seamless tracking, management, and accounting for fixed assets. It automates critical accounting calculations, including depreciation and amortization, which ensures compliance with relevant tax and regulatory standards. This solution is designed to manage complex asset information, accommodating multiple companies and currencies, thereby supporting diverse business operations.
### Asset Tracking
The Asset Tracking solution enables organizations to effectively manage and monitor their assets, equipment, and inventory from any location. Users can customize the software to store essential details in standard or user-defined fields. Key functionalities include location tracking, maintenance planning, and comprehensive inventory management, all accessible from various devices. This visibility simplifies audits, enhances lifecycle tracking, and aids in accurate reporting using barcode or RFID tagging.
### Lease Accounting
FMIS Lease Accounting Software aids organizations in adhering to IFRS 16 and ASC 842 standards. It centralizes lease data, automates necessary calculations, and provides detailed reporting features, significantly minimizing time spent on lease management. This software supports various lease types and efficiently manages large volumes of lease information.
### Equipment Maintenance
The Equipment Maintenance solution streamlines the management of maintenance schedules, work orders, and asset usage, ensuring optimal performance and longevity of assets. By tracking maintenance tasks and providing insights into equipment status, it supports proactive management and minimizes downtime.
FMIS Software is suitable for diverse sectors, including retail, education, government, health, and manufacturing, and integrates seamlessly with platforms like Sage and Deltek.
Features
Automated Depreciation Calculations
The system calculates depreciation and amortization automatically, ensuring compliance with accounting standards.
Customizable Asset Tracking
Users can tailor asset tracking fields to meet specific organizational needs, enhancing data management.
Compliance with Accounting Standards
Designed to meet GAAP, IFRS, and ASC 842 requirements, ensuring financial accuracy and compliance.
Comprehensive Reporting
Extensive reporting capabilities to generate insights on asset performance, maintenance needs, and financial compliance.
Multi-Currency Support
Facilitates management across multiple companies and currencies, supporting global operations.
Tags
Documentation & Support
- Installation
- Documentation
- Support
- Updates
- Online Support