FMIS Fixed Assets Software


 

FMIS Fixed Assets is a fixed asset management system for medium to large asset-intensive organisations. The company has nearly 30 years’ experience in asset management software and over 95% customer loyalty.

The software is comprehensive and has the ability to handle multiple countries, currencies, companies and depreciation methods. The system’s flexibility makes it suitable for both the public and private sectors and it is compliant with all key regulations including UK/US GAAP, SOX, IFRS and most international standards.

FMIS Fixed Assets is part of a modular system that allows users to create solutions to meet their specific needs. Its core functionality includes fixed asset depreciation, asset tracking, inventory management, maintenance and fixed asset lease accounting, with depreciation forecasting and document management included as standard. A range of reports is included and the in-built report writer creates bespoke reports as required. The program can also integrate with spreadsheets and enterprise-level ERP and finance systems. 

 

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

11 Reviews of FMIS Fixed Assets

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Adeline from Sheffield Hallam University

March 2017

March 2017

FMIS Asset management - user friendly, intuitive and great functionality

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Value for Money

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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.

Source: Capterra
 

Helen from Victor Marine Ltd

December 2015

December 2015

SIMPLE

Ease-of-use

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A reasonably straightforward package to use!

Source: Capterra
 

JayneE from gba Systems Integrators, LLC

August 2015

August 2015

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

Ease-of-use

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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!

Source: Capterra
 

Michael from Veteran Corps of America

August 2015

August 2015

Great material management tool for Deltek Vision users

Ease-of-use

Product Quality

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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.

Source: Capterra
 

Michael from KWE

June 2015

June 2015

Taking the headache out of fixed asset management

Ease-of-use

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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

Source: Capterra
 

Rona from Science Museum Group

June 2015

June 2015

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

Ease-of-use

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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.

Source: Capterra
 

Paul from ChannelPorts Ltd

May 2015

May 2015

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

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Support

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

Source: Capterra
 

Kevin from Government Actuary's Department

May 2015

May 2015

Functional, could improve on reporting

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
Product Quality
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.

Source: Capterra
 

Tim from Special Metals Wiggin Hereford

May 2015

May 2015

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

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Ease-of-use
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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 .

Source: Capterra
 

Abdil from CES Africa Investment Co. Ltd.

May 2015

May 2015

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

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Customer Support

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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.

Source: Capterra
 

Bina from Doncasters Ltd

May 2015

May 2015

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

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
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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.

Source: Capterra