Project Description
Maximize efficiency and maintain accurate, up-to-date fixed asset records with AssetMAXX Asset Management Software
Maintaining accurate, up-to-date fixed asset records has never been more important. Government regulation and an overall push toward greater transparency for organizations necessitates that fixed assets be tracked and accounted for from acquisition through disposal.
At AssetWorks, we understand that tracking capital and non-capital assets can be time consuming and challenging. However, the rewards for doing so can be great. By introducing operational efficiencies via an asset management software system, you and your team can spend less time reconciling asset data and more time using that data to enhance organizational decision making.
Ensure audit compliance with accurate fixed asset financial statements
Discourage misuse and theft of assets due to increased accountability
Support informed decisions throughout the budget and planning process
Streamline inventory processes with innovative mobile solutions
Developed and tested by asset management professionals, AssetMAXX is a powerful and flexible fixed asset solution. Whether you are in need of a new comprehensive fixed asset system or are interested in a user-friendly, robust alternative to interface with your ERP, AssetMAXX can meet your fixed asset goals and requirements.
Asset Tracking
Chain-of-custody tracking: assign asset custodians and query assets based on chain-of-custody
Asset transfer processes: automate the transfer of assets with email notifications and approval routing
Change request management: ensure the integrity of your data by leveraging approval processes
Mobile inventory solutions: record and reconcile asset information during the inventory process
Asset Accounting
Flexible allocation rules: assets can be assigned to many departments and funds by percentage of total cost
Multiple depreciation methods: define depreciation books by asset class, method, and timing
User-defined asset classes: define asset class defaults like useful life, capitalization threshold, and salvage value as a percent of total cost
Asset disposal: disposal amounts, full or partial, are reconciled financially
Asset Reporting
Standard reports: run reports for asset tracking and accounting in both summary and detail format
Robust reporting tool: create, save, and export your own reports based on the data recorded in the system
Compliant reports: generate GAAP/ GASB compliant reports with flexible date ranges and data element
Auditable history: access a complete auditable history for each asset including all changes made over tim
Benefits
Streamline data communication processes by maintaining all asset related information in one sophisticated database, accessible by everyone in real-time
Increase efficiency with automated workflow processes for adding and disposing of assets, transferring assets, modifying asset records and more
Save time preparing GAAP and GASB 34/35 compliant reports with a collection of standard reports and the ability to create your own reports as needed
Rest assured that data is secure and accurate as a result of various levels of user access, approval processes, and a complete audit trail
Reduced learning curve as a result of user defined fields, user friendly design and intuitive workflows
Want to learn more about AssetMAXX Asset Management Software?
Request a demo today.