Asset Management Software from FMIS Keeps Businesses Organised Around the World

April 17 02:15 2019
Asset Management Software from FMIS Keeps Businesses Organised Around the World

Whitstable, Kent – Financial and Management Information Systems Ltd (FMIS) is a software company which offers a platform for fixed asset management systems as well as IFRS 16 lease accounting software. The company also has a well-respected reputation and a clientele spanning over 40 countries.

Established in 1986, FMIS (https://www.fmis.co.uk/) was one of the first companies to work on IBM’s AS/400 platform 30 years ago. Since then, they have been at the forefront of software technology. The company has been rewarded for its experience and technical achievements and now boasts a client list of organisations based all over the world ranging in size and scale.

FMIS’s fixed asset management systems give clients the ability to calculate and predict depreciation across one or more companies as well as track their assets throughout the asset’s lifetime, from acquisition to termination. And the fixed asset management systems can do all of this while also making sure they are compliant with IFRS, local GAAP, and all other related accounting criteria.

Also, FMIS’s IFRS 16 lease accounting software is fully compliant with IFRS 16 and ASC 842. IFRS 16 Leases standard, issued by IASB, went into full effect starting January 2019. It is important that a company’s IFRS software is up to date, such as by using FMIS’s IFRS 16 lease accounting software, because future leases may include renegotiating key lease terms, rent review on renewals, and re-gears.

FMIS uses their technology to help organisations of all sizes consolidate and simplify their ERP, Finance and CRM systems. This also helps avoid data duplication. FMIS offers powerful and cost-efficient Enterprise Asset Management and Purchase to Pay solutions.

The company works with the industry’s leading software packages from firms such as Access, Sage, and Deltek. This helps to ensure seamless integration for clients who decide to use FMIS’s platform.

FMIS’s flexible software allows them to work effectively in a variety of sectors including manufacturing, health, government, energy, equipment leasing, and non-profit. Although they can work with organisations of all sizes, they are especially well suited for mid-sized to large companies.

Those interested in FMIS’s fixed asset management systems or IFRS 16 lease accounting software can visit their website for more information. FMIS also has a large social media presence and can be found on both Twitter (https://twitter.com/FMISLtd) and LinkedIn (https://www.linkedin.com/company/fmis-ltd-). The company can also be contacted by phone or email.

Media Contact
Company Name: FMIS Ltd
Contact Person: Media Relations
Email: Send Email
Phone: +44 (0) 1227 773003
Address:167b John Wilson Business Park
City: Whitstable
State: Kent CT5 3RA
Country: United Kingdom
Website: https://www.fmis.co.uk/