FMIS Fixed Assets software


15 reviews(4.0/5)
15 reviews(4.0/5)

FMIS Fixed Assets is a cloud-based fixed asset management solution. It caters to multiple industries including retail, healthcare, manufacturing, non-profit, education and oil and gas. Primary features include fixed asset depreciation, asset tracking, inventory management, maintenance, fixed asset lease accounting, depreciation forecasting and document management.

The fixed asset accounting module calculates depreciation, tracks assets from acquisition through disposal and ensures compliance with IFRS, local GAAP and other international standards. It offers support for multiple countries, currencies, companies and depreciation methods. The asset tracking module allows users to track location, status and history of assets across locations. FMIS FIxed Assets offers integration with finance and ERP packages including Sage, Access and Deltek.

It is compatible with Windows, Mac and Linux operating systems. Customer support is offered via email and over the phone. Other help options include case studies and resource library.

Supported Operating System(s):
Web browser (OS agnostic) , Windows 8 , Windows 10

15 Reviews of FMIS Fixed Assets

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  • Rachel from Science Museum Group

    April 2018

    Excellent summary and detailed, user friendly system, excellent customer support

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    Very helpful customer service and support (Training, ongoing support and developing bespoke reports), standard and bespoke reports, intuitive to user, easy to add assets and make changes, robust system, flexible coding structure can be tailored by user to organisation's reporting. requirements

    Cons

    Would prefer more filter options on running the standard reports. Maybe the option to select what fields are displayed on the standard reports.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra

    Response: FMIS, FMIS Ltd.

    April 2018

    Hi Rachel, Thank you for taking the time to review the software and I am glad it is working well for you. Customer Service is very important to us, so your feedback there is especially appreciated. There are a few different options we can look at to enhance the reporting for you. Can I suggest you give the support team a call and we can discuss them? Best Regards, John.

  • Elaine from ESA

    Number of employees: 51-200 employees

    April 2018

    We use the FMIS software as integral part of our purchasing and asset management

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    Our invoice processing time has been cut considerably and we now have an asset register that we have confidence in.

    Pros

    The order processing and goods receipting is easy to use for the non financial staff. The Fixed Asset management system deals with our extensive assets and the support from FMIS when implementing the software, some bespoke was excellent.

    Cons

    The system does not deal with incorrect stock purchases very well. It is easy for stock buyers to make errors on the purchase orders and goods receipting which if not spotted in time require several steps to correct.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra

    Response: FMIS, FMIS Ltd.

    April 2018

    Hi Elaine, Thank you for taking the time to review FMIS. I'm glad the software is saving you time on invoices and goods receipt. Correcting stock purchases can be a hassle, but I know the team had a couple of ideas that might help if you would like to call in and have a chat with them. Best Regards, John.

  • Kenatu from Tourism Development Co. Ltd.

    Specialty: Government Agencies

    Number of employees: 51-200 employees

    March 2018

    Asset Management on Steroids

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    I used to use a third party fixed asset module from Normin, since I found this software, my internal customers have asked where has this been all there lives. This is truly asset management with a lot of extras, or maybe I never knew what fixed asset management was until this software.

    Pros

    Complete tracking of all assets from purchase to disposal and at multiple locations.
    I can break it down to branches and still roll it up as a whole.
    Reporting is fabulous and its graphical
    Easier management of maintenance of equipment (e.g. H VAC, Copy Stations etc) and keep track of ROI and schedules.

    Cons

    Everything is in a different module and the complete package can get pricey.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source
  • Verified Reviewer

    March 2018

    Easy to use but flexibility of reporting could use some enhancements

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    Overall easy to use to track fixed assets, forecast depreciation schedules, etc.

    Pros

    Pretty easy to use software for tracking our fixed assets, depreciation schedules, etc. You have to recognize that there will be some time you'll need to invest in doing the initial software setups correctly but everything worked as expected after doing so.

    Cons

    The reports are good but have some concerns of minor annoyance. Uploading data requires adherence to very specific field data definitions. Reports had some limitations regarding what could be reported by period vs. end of fiscal year, etc.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra
  • Adeline from Sheffield Hallam University

    March 2017

    FMIS Asset management - user friendly, intuitive and great functionality

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    We implemented the system in June 2016 and received quick response during and after implementation. The system itself is intuitive and user friendly with minimal training. As a user, I am most impressed with the reports that can be generated (standard reports) which we found lacking in the previous system we had. There are also plenty of asset data fields to incorporate additional asset information e.g. Serial number, make, model etc which we find useful to track assets for physical verification. Depreciation forecasting is currently only done in periods so we will need to explore annual forecasting as a separate setup. The upload of asset data has to meet specific formats and number of character, decimal lengths so this is the only minor drawback we found with the system. Otherwise, a pretty sound, basic all round stand alone asset system which meets our organisation requirements.

    Review Source: Capterra
  • Helen from Victor Marine Ltd

    December 2015

    SIMPLE

    Ease-of-use
    Quality
    Support

    A reasonably straightforward package to use!

    Review Source: Capterra
  • JayneE from gba Systems Integrators, LLC

    August 2015

    FMIS and gbaSI designed a custom program for our use initially to sync with our sister company

    Ease-of-use
    Quality
    Support

    Love that this software does all of my inventory management. Also love that when I need something special, FMIS works with us until it is delivered. We also have to sync with our Corporate software (run by a sister company), and FMIS does this nicely (with Vision)...keep up the GREAT WORK team...can't wait to see what is coming NEXT!

    Review Source: Capterra
  • Michael from Veteran Corps of America

    August 2015

    Great material management tool for Deltek Vision users

    Ease-of-use
    Quality
    Support

    FMIS customer service is excellent. Our version was initially adapted for our need to track customer-owned materials that our company holds. As our business developed and diversified, FMIS worked with us to improve speed and functionality for managing large quantities of items and to expand invoicing capabilities. Users in our organization are very pleased by the creativity and responsiveness of the FMIS team in helping them meet new challenges.

    Review Source: Capterra
  • Michael from KWE

    June 2015

    Taking the headache out of fixed asset management

    Ease-of-use
    Quality
    Support

    This is the best software we identified after extensive research which allows us to efficiently manage and organize fixed asset data as well as accurately calculate depreciation and valuations for statutory reporting purposes

    Review Source: Capterra
  • Rona from Science Museum Group

    June 2015

    We are a group of Museums, subject to government account rules. Our experience with AI: very good.

    Ease-of-use
    Quality
    Support

    PROS very helpful support team, quick response times; adequate scope for recording asset details due to the number of profile fields; ease with which depreciation can be advanced / deleted greatly assists with checking how more out of the ordinary transactions will be processed in the register; the flexibilty of amending and adding to periods within an accounting year prooved to be invaluable when implementing a last-minute revaluation ability to export reports to excel is extremely useful; price competetive compared to some alternatives, CONS none of significance. manual could perhaps be clearer as regards revaluing, tranfrerring or splitting assets. TIP Dont skimp on set up time. Allow time for setting up general ledger posting as well as the asset regiseter itself.

    Review Source: Capterra
  • Paul from ChannelPorts Ltd

    May 2015

    We started using the softwrae 2 years ago the product met all our needs.

    Ease-of-use
    Quality
    Support

    Installation was experly done and the support has bene some the finest I have come across from a software compamy.

    Review Source: Capterra
  • Kevin from Government Actuary's Department

    May 2015

    Functional, could improve on reporting

    Ease-of-use
    Quality
    Support

    This software is relatively easy to use. All the essential functions that I need to carry out to maintain a fixed asset register are there. Customer service is very good, with fast response time. While there is a number of different reports in the system to use, I think there is space to improve, such as drill down facilities on reports to see the breakdown of a subhead. I appreciate that I could run a full excel download to see the breakdown, however, it could be time consuming to sum up all the subheads and reconcile them to the depreciation reports, for example.

    Review Source: Capterra

    Response: FMIS, FMIS Ltd.

    May 2015

    Thanks for the feedback Kevin. I'm glad to hear your experience with the support team has been so positive. Summary reports can be run at a detailed asset level, so I'll ask the team to get in touch with you shortly to look at what you need them to do.

  • Tim from Special Metals Wiggin Hereford

    May 2015

    We mainly use the software for a depreciation calculation, which is quick and easy to use.

    Ease-of-use
    Quality
    Support

    We probably only use about 20% of this software/systems capabilities. Through no fault of FMIS we never really implemented the software correctly in the first place , this was down to our own internal resource at the time of implementation. To be able to fully utilise this system we would need to re-design the formatting of the fixed assets and the way they have been entered into the system in the past .

    Review Source: Capterra

    Response: FMIS, FMIS Ltd.

    August 2015

    Thanks for the feedback Tim. The system does have a lot of additional functionality and we would love to help you get the most out of it. Internal resource is always a challenge, but talking with the consultants, I think they have a few ideas to discuss with you. We will be in touch very shortly. Best Regards, John.

  • Abdil from CES Africa Investment Co. Ltd.

    May 2015

    I have used FMIS Asset Management for the past 5 years.

    Ease-of-use
    Quality
    Support

    FMIS Asset Management system is an excellent software. It has rich and easy to use functionalities. Its integration with bar coding module allows easier asset tracking and auditing. Technical support I received from FMIS is excellent and timely.

    Review Source: Capterra
  • Bina from Doncasters Ltd

    May 2015

    The FMIS system has been one of the most user friendly systems I have ever used.

    Ease-of-use
    Quality
    Support

    I have found the system quite easy to navigate around and once you have had a chance to play around with it, it is quite logical and systematic. The customer service has been very good, all requests for help/any queries have been dealt with promptly and our client contact has always been willing to help. The turnaround on the initial data conversions/set up have been quick.

    Review Source: Capterra
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