In the November 2013 issue of Housing Technology, Karen Conneely, the group commercial manager for Real Asset Management wrote about how being ready for the new FRS 102 regulations would dictate the need for a proactive and comprehensive programme of preparation. But as the deadline grows ever nearer, are you ready? So, let’s do a…
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Real Asset Management
RAM launches asset tracking app
Real Asset Management has launched a smartphone app so that housing providers can conduct physical audits and update their asset registers using mobile devices. The app is available now on iOS, with Android and Windows Mobile versions coming soon. Working with RAM’s existing Series4000 software, the app will help users improve the accuracy of their…
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ISO-55000 – Taking asset management into the boardroom
Karen Conneely, Group Commercial Manager, Real Asset Management, outlines the way ISO-55000 is set to change corporate attitudes to asset maintenance and explains the fundamental importance of a good computerised maintenance management system (CMMS) in delivering critical asset information and enabling process change. Maintenance managers know that proactive asset management can cut costs and improve…
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Harmony Homes in tune with RAM for component accounting
Harmony Homes has selected Real Asset Management to deliver an automated component accounting solution to replace its manual, spreadsheet-based process. The new Asset4000 system is expected to help the housing provider monitor its assets more efficiently, deliver considerable time savings, and meet the latest SORP and IFRS requirements for component accounting. Michael McDowell from Harmony…
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Pennaf Housing selects RAM for component accounting
Pennaf has chosen Real Asset Management to manage its array of property assets and deliver an automated component accounting system, replacing a spreadsheet-based approach. The Asset4000 software is scheduled to go live in April 2014. Pennaf provides general corporate support services and specialist services to members of Pennaf Housing Group. When SORP regulations were introduced…
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Grand designs – Is your house in order for FRS 102?
The imminent introduction of new financial reporting standards is likely to have a major impact on the housing sector. Managing the transition from SORP 2010 towards the inclusion of the international standards of FRS 102 will not be without its challenges. However, as has been the case with previous shifts in accounting requirements, the process…
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