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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 fixed asset balance


Greening the Organization Profitably with Asset Management
The world is focusing on environmental awareness, and reducing greenhouse gases is now an inevitable part of doing business. But how can you conform to

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

CMMS – EAM

Enterpise asset management (EAM) solutions support maintenance management tasks. Asset management systems typically enable planning, controlling, and monitoring of physical asset events. EAM typically includes computerized maintenance management system (CMMS) functionality, fleet maintenance, workflow, reporting, and other areas that touch upon asset management practices. 

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Documents related to » fixed asset balance

How to Keep Stock Balances Accurate


Distributors must ensure the quantity of products shown to be available in their software system agrees with what is physically in their warehouses. If it doesn’t, valuable time and money are lost as customers seek other suppliers, salespeople physically check stock, and buyers are forced to overstock. Learn the policies and procedures that can maximize your inventory management system to maintain accurate stock balances.

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Banking Industry's Fair Value Accounting (FVA) Conundrum


Every company and almost every individual holds fixed assets. Over time, these assets change in value. For example, real estate tends to increase in value, while vehicle values decrease. In the US, as in most countries, the global crisis has resulted in declines in the real-estate market and employment sectors. These declines result in housing and business property holdings dropping

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Great Plains on a Shopping Spree


On January 6, in an effort to expand its customer base and reseller partner channel Great Plains, a provider of financial management software for midsize businesses, announced it plans to acquire RealWorld Corp., a developer of accounting and business solutions. In a separate move, Great Plains also unveiled plans to acquire Fixed Asset Management LLC, a wholly owned subsidiary of The Forestar Group to gain the rights to Forestar's Fixed Asset Management product, which allows a company to record, track, depreciate, and analyze its fixed assets.

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Meeting the Challenge: Planning for IFRS Conversion


Over 100 countries now require or permit International Financial Reporting Standards (IFRS) reporting. Companies preparing to make this challenging switch will need to focus on technical accounting issues, the differences between IFRS and generally accepted accounting principles (GAAP), and more. Learn about the issues surrounding IFRS adoption and the systems you use to manage and report financial information.

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Safe and Reliable Asset Management in Nuclear Power Plants


This white paper presents an overview of IFS Applications for asset management of nuclear power plants, including corrective, preventive, and condition-based maintenance functionality for safe work management in a hazardous environment. Also included are asset lifecycle management tools to track changes to the assets that affect operational limits and conditions (OLCs).

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The Strategic Importance of Asset Management Part Two: Implications


The changing attitudes, understandings of physical assets and market conditions bring a broad array of implications for those responsible for asset management. The majority of these can be explained as "new accountabilities." Many of these are accountabilities leveled at, or within, corporations themselves. However many will also be directed at the individuals taking or overseeing these decisions, often with daunting consequences for failure.

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Times are Tough - RIR Might Leave More Cash on Your Balance Sheet


For residents and tourists of Paris (France), using RER or Paris Metro is certainly a way to save on commuting costs (and parking frustrations) compared to owning and renting cars. This blog post is not about transportation, but rather about an inventory management method with a similar name. Namely, this blog post is about RIR or Rapid Inventory Rightsizing, which is an innovative new program

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How RFID Technology Can Enhance Your Asset Management Program


Even though the technology has been around in some form since World War II, chances are that you think of Wal-Mart’s supply chain initiative when you hear the words “radio frequency identification,” or “RFID.” Wal-Mart is already seeing a return on their 2005 investment. But does RFID technology make as much sense for asset management as for supply chain management?

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Asset Performance Management: The Secret to Uncovering Hidden Profits and Ending Operating Surprises


Top performers optimize their assets. It’s true in any field—sports, the arts, and business. Yet in business, optimizing performance of capital assets often plays distant runner-up to the more glamorous pursuit of top-line growth. That’s not surprising, given the importance of increasing sales revenue. But it can cost you—and lead to operating surprises that are even more punishing.

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5 ROI Tips for Enterprise Asset Management Software


How can enterprise asset management (EAM) software deliver return on investment (ROI)? This whitepaper discusses the five ways EAM delivers ROI so you can plan your selection and implementation around these deliverables. Take advantage of the cost savings and revenue enhancement features EAM offers and avoid the potential problems.

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