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…
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Real Asset Management
Accounting for size
From: Karen Conneely, Group commercial manager, Real Asset Management Sir – With over 1,200 housing providers in the UK and over two-thirds of those managing fewer than 2,000 homes, smaller organisations are facing a problem. They have the same requirements when it comes to SORP and component accounting as a larger organisation, but they don’t…
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Component accounting on demand from Real Asset Management
Real Asset Management has just launched a subscription-based version of its component accounting system for SORP and IFRS compliance within smaller housing providers. RAM’s Series4000 On-Demand is aimed primarily at housing providers still using spreadsheets or an older, inflexible asset module. The software is available via a monthly subscription to reduce capital expenditure. Karen Conneely,…
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The impact of component accounting
From: Karen Conneely, Group commercial manager, Real Asset Management Sir – With the passing of the SORP deadline earlier this year, housing providers up and down the country faced the daunting task of implementing a component accounting model that would adhere to the guidelines. With most providers’ asset registers increasing tenfold, it is surprising to…
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Cassiltoun Housing SORP-compliant with RAM
Glasgow’s oldest housing co-operative has signed up to use the latest specialist component accounting software from Real Asset Management to ensure long-term SORP compliance. Cassiltoun will use RAM’s Asset4000 software to streamline the management of its £42 million asset register comprising nearly 8,000 assets including houses, offices, a children’s nursery and training rooms. The software…
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Habinteg takes RAM Asset4000 for SORP
Ulster-based Habinteg Housing Association is using Real Asset Management’s Asset4000 software to ensure that the accounting of its £159 million assets is SORP compliant. Helen Blease, finance manager, Habinteg Housing Association, said, “We spent the past year developing a specialist spreadsheet solution to ensure that we were SORP compliant by the April 2012 deadline. However,…
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