Compare Fixed Assets CS vs. Spine Assets

Effective management of assets relies heavily on comprehensive depreciation software. Thomson Reuters Fixed Assets CS streamlines the processes of adding, modifying, disposing of, and transferring assets with remarkable ease. This powerful fixed asset management solution features a user-friendly file folder organization and a clear interface that details the calculation of depreciation values. It supports an unlimited array of depreciation treatments, accommodating nearly any rules required for precise asset depreciation by professionals or corporations. Users can navigate through a straightforward file folder layout, utilizing customizable tracking and sorting features, while also benefiting from various wizards for disposal, method/life, or association tasks. The method/life wizard automatically populates the required methods and useful lives for each asset. Additionally, Fixed Assets CS narrows down data entry options to only the essentials, ensuring that your team remains focused and precise throughout the asset management process. This focus on simplicity and efficiency makes it a vital tool for any organization managing fixed assets.

Allocate assets to custodians, staff, locations, branches, projects, departments, and cost centers in order to ensure responsibility and accountability. Implement integrated regulatory compliance that creates a centralized data source for finance, utilizing historical information to reinforce established policies. Oversee repair requests to minimize downtime and ensure that equipment is operational again as quickly as possible. By keeping equipment under warranty, you can extend its lifespan and avoid unnecessary costs. Stay proactive as service contracts approach their expiration dates by ensuring timely renewals are prompted with reminders. An updated asset register can lead to lower premiums and simplifies the claims process by providing necessary proof when needed. Enhance control over your fixed assets through precise financial documentation to not only meet but exceed audit requirements. The help desk is committed to providing timely support and swift resolution of issues by clearly defining and publicizing their guaranteed service levels. Additionally, attach relevant documentation such as photographs, manuals, invoices, purchase details, warranty information, or service cards to each equipment record for comprehensive tracking. This thorough documentation ensures that all asset-related information is readily accessible and organized.