Wiltshire-based Selwood Housing is using Asset4000 from Real Asset Management to control and categorise its £126 million property assets. The implementation of the IFRS-compliant asset management system is in preparation for the April 2012 deadline for component accounting. Sue Eley, head of finance, Selwood Housing, said, “Under the new SORP regulations, each of our assets…
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Finance Management
Home Group to save £7 million with EGS
Home Group is about to start a pilot project of a purchase-to-pay system from EGS which it hopes will save around £7 million over the next eight years. Once operational, the EGS system will be used by up to 1,000 Home Group staff. The new system, which comprises the full suite of EGS’s services, is…
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Future perspectives on asset management systems
Housing Technology interviewed a number of housing providers and IT suppliers on the use of asset management systems (AMS), the business and IT issues surrounding their implementation, purchasing criteria, and their integration with other existing ‘core’ business applications. By way of introduction, the National Housing Federation’s recently-published book, ‘Managing the assets – A guide for…
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Component accounting – leave it to the professionals
With the impending SoRP deadline looming in April 2012, housing providers are under increasing pressure to implement a model for component accounting that reduces costs and enables them to manage their assets more efficiently to ensure SoRP compliance. However, component accounting and asset management are often mistaken for the same thing in the housing sector,…
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Southern Housing implements BluTek sales & marketing system
Southern Housing Group has begun using a web-based ‘software as a service’ system from BluTek for its property sales and marketing activities. Mark Sutton, sales and marketing director, Southern Housing Group, said, “When we began our initiative to improve efficiency and increase income from the sale and marketing of our property portfolios, we knew we…
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Antonine’s SoRP compliance plans with RAM
Antonine Housing Association is implementing Real Asset Management’s Asset4000 component accounting software in readiness for the April 2012 deadline for SoRP compliance. From April 2012, housing providers will have to break their asset accounting down into individual components; anything that is currently deemed replaceable, such as a roof or bathroom, will count as an individual…
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