Quickly get the data you need with comprehensive Fixed Asset Management Software
MRI’s specialist fixed asset management software helps organisations to meet the latest corporate governance regulations with accurate depreciation, verified asset data and excellent reporting. It enables compliance with the ever changing requirements of IFRS, SORP, UK GAAP, Sarbanes-Oxley and other SOX-type regulations and provides a comprehensive audit trail enabling organisations to meet and surpass audit regulations.
When it comes to fixed asset management, MRI’s software controls, tracks and records each change that occurs during an asset’s lifetime and encompasses depreciation processing and forecasting, capital expenditure control and asset tracking/physical auditing.
Benefits
Simplify year end procedure
Take the headache out of year end and close down fast with accurate data that can be passed directly to your finance system. Be confident in your data.
Reduce insurance premiums
Accurate fixed asset registers result in accurate insurance premiums which are not over inflated. Claims are paid out faster if asset records are verified and up to date.
Accurately report asset depreciation
Automatically calculates for any period or range of periods across multiple books. Costs are retained for past period reporting and automatically generated for current and future periods.
Satisfy all audit requirements
Failing an audit is never an issue for clients using MRI's fixed asset software. Have full peace of mind that your data is accurate with a full audit trail.
Fixed asset software features:
Powerful and comprehensive reporting
With over 50 industry standard reports and a comprehensive range of user-definable templates, MRI’s fixed asset software improves statutory compliance and accelerates year-end reporting. Benefit from 25 levels of analysis for comprehensive enquiries and reporting outputs, get access to a standard balance sheet format report and drill down for instant asset analysis and view reports on screen, in PDF or exported to Excel and other flat file formats.
Depreciation Forecasting & Modelling
Accurate depreciation forecasting models underpin cost-effective and tax-efficient capital budgets. MRI’s depreciation software exploits the fixed asset data to create ‘what if’ scenarios that accurately predict the effect of different capital expenditure and disposal programmes, optimising investment returns (ROIs). It directly mirrors the asset register to remove the need for complex spreadsheets and uses date range and future predictions to create a robust forecast and avoid risky guesswork.
Market Sectors
Commercial
Implemented across 1,000+ commercial organisations in over 70 countries, our suite of fixed asset software helps ensure compliance with IFRS and offers a scalable solution to cater for the needs of SMEs through to large multi-national organizations.
Government
Software designed to provide government organizations with a complete solution for the management of fixed assets.
Healthcare
Manage your equipment list with our fixed asset accounting and asset tracking integrated solution. Globally, 200 healthcare clients use our fixed asset solutions as we can offer customers an integrated system that satisfies the requirements of the finance, IT, and facilities departments.
Education
Our fixed asset software enables compliance with all IFRS and audit regulations for the education sector. We also provide schools, colleges, and universities with an asset tracking facility which can work with barcodes, NFC and QR Codes.
Resources
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Learn more about how our fixed asset management software can help you to maintain compliance with the latest accounting guidelines and tax rules.