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A new asset for small businesses - Assetware provides an Express route to cost savings
Added: (Wed Jul 04 2007)
A new entry-level product, Assetware Express has just been launched by leading asset management specialist Assetware Technology. Designed and priced for the smaller business, Express is ideal for spreadsheet-users who want to cut costs and increase control by improving management of their assets.
Spreadsheets are very widely used for a variety of financial applications, and are popular because they are easy to set up, flexible and intuitive to use. However there is much research pointing to their drawbacks. Most spreadsheets (according to some research, as many as 90%) have a significant number of undetected errors. Often undocumented, they are difficult to verify and hard to change reliably. Spreadsheet systems also make it very difficult to track and control changes or to produce a clear audit trail.
�Smaller businesses are very likely to be using spreadsheets for depreciation calculation, inventory control and other asset management tasks,� says Chloe Harlick, General Manager of Assetware Technology. �Most of them are concerned about the likelihood of errors in their spreadsheets and well aware of all the other drawbacks. But they don�t want to spend thousands of pounds on a specialist system that in any case will be too complex for their needs.�
Assetware Express is a flexible, affordable and easy to use entry level asset management system ideal for the smaller business. The system allows easy integration with financial accounting systems, and has advanced reporting facilities, including the ability to define user �views� of the data. Disposal of assets is fully supported, and Express maintains a full audit history of all assets.
Adds Harlick, �Assetware Express has been designed to have all the advantages and none of the disadvantages of spreadsheets, at a cost well within the smallest budget We are confident that once people use it they will never want to go back to their spreadsheets. Our 30 day free trial period allows all businesses to experience first hand the bottom-line benefits of best practice asset management.�
Assetware Express can be downloaded from the Assetware website www.assetware-technology.com. For further information, telephone +44 (0)870 112 0700 or email info@assetware.co.uk
ABOUT ASSETWARE TECHNOLOGY
Assetware Technology, with its Head Office in St Albans, Hertfordshire, was established in 1987 and specialises in asset management systems and related services. The company has over 2000 clients, in the UK, Europe and world-wide. Its customer base covers all market sectors, and includes, in the private sector, manufacturing and financial services, and in the public sector, local government, health trusts and educational institutions.
Assetware�s systems include Fixed Asset Accounting, Capital Accounting, Capital Budgeting, Asset Leasing and Asset Tracking. Systems conform to all relevant accounting standards, and are renowned for their ease of use and flexibility.
The company�s considerable expertise may be harnessed in the form of training and consultancy. Assetware has an expert and experienced scheduling team, and provides a turnkey service for clients whose existing records need major revision.
In line with its commitment to customer care, Assetware has produced a series of Guides explaining key issues in asset accounting. The Guides are available on Assetware�s website, www.assetware-technology.com