Curo Housing is using Series4000 from Real Asset Management to manage its component accounting as well as its non-housing assets throughout the business, comprising 11,000 properties in Bath and 90,000 assets.
The housing provider has been using Series4000 for the last five years to track its non-housing assets, replacing time-consuming and inefficient Excel spreadsheets. It has since adopted the system for the management of all of its component accounting. The system also provides a complete tracking history of non-property assets using Real Asset Management’s barcoding and RFID software.
Ben Chalker, finance analyst, Curo Housing, said, “The need for more visibility and compliance with SORP/IFRS persuaded us to use Real Asset Management for component accounting as well as our non-housing assets.
“Series4000 makes the data more visible and allows us to calculate asset depreciation and create reports as and when we need them. We have also been extremely pleased with the ease of use of the system and the time savings we have seen compared to our previous, manual way of working.”