Quickly get the data you need with comprehensive Fixed Asset Management software
MRI’s specialist fixed asset management software helps organizations to meet the latest corporate governance regulations and tax rules with accurate depreciation, verified asset data and excellent reporting. It enables compliance with the ever changing requirements of GASB, US GAAP, Sarbanes-Oxley, and other SOX-type regulations and provides a comprehensive audit trail enabling organizations 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
Can calculate for any period or range of periods across multiple books. Costs are retained for past period reporting and 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:
First class support from Sachin and Yana at MRI. I had several technical issues within ram which required their support and guidance to resolve. Good response time from them for all of the requests I sent through to them. I can highly recommend them.
Since we started using the new software, my job has been a whole lot easier! I now do not have to maintain formulae for depreciation or repeatedly check that all asset values have been included in the calculations.
It is important for us to have detailed knowledge of net book values to help with decisions so that the business is run as efficiently as possible. MRI’s solution is allowing us to do just that.
The biggest benefit is the stability and reliability. Suppliers have greater visibility of cloud solutions and they’re addressing problems before we’re even aware of them. With SaaS solutions it’s rolled out seamlessly.
MRI has provided us with an extremely efficient and effective solution that has helped to streamline our reporting and future-proof our organisation for impending changes in compliance processes.
Powerful and comprehensive reporting
With over 50 industry standard reports and a comprehensive range of user-definable templates, our fixed asset software improves statutory compliance and accelerates year-end reporting. Benefit from 25 levels of analysis for comprehensive inquiries and reporting outputs, get access to a standard balance sheet format report for instant asset analysis and view reports on screen, in PDF, or exported to Excel and other flat file formats.
Depreciation Forecasting & Modeling
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 programs, optimizing 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 organizations in over 70 countries, our suite of fixed asset software helps ensure compliance with FASB, and offers a scalable solution to cater for the needs of SMEs through to large multi-national organizations.
Government
Software designed to provide U.S. federal, state, county, and municipal government organizations with a complete solution for the management of fixed assets that assists with GASB compliance.
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
As a leading supplier of GASB-compliant asset management software for Education, we help many colleges, school districts and education business officials acquire greater efficiencies and accuracies from software that simplifies their business needs.
Charity/Not for Profit
Fully compliant with the latest regulations, our range of fixed asset solutions is now used by many non-profit organizations.
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Learn more about how our fixed asset management software can help you to maintain compliance with the latest corporate governance regulations.