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"Thanks to Sage Fixed Assets Depreciation, we saved $1 million in taxes.”
-Edelman
CMMS Software

Asset Management, Asset Tracking, Asset Depreciation, and Preventative Maintenance Software

Asset Management Software
Assets are everywhere in most businesses. Transportation and logistics companies have trucks to maintain; manufacturers have expensive capital equipment; and even business service companies have considerable assets in their computer and office equipment and furniture. Managing assets can be difficult (if not impossible) without an integrated asset management system to manage preventative maintenance, asset inventory and movement, and asset depreciation.
E2b enterprise represents several asset management products that integrate with the ERP systems we represent including Sage 100, Sage 500, Sage X3, and Epicor ERP to help customers gain new efficiencies with considerable cost savings through reductions in labor and lower taxes by utilizing various depreciation methods and strategies.

Asset Management Software Benefits

Asset Management Software
According to Sage Software, most businesses have lost 15% to 30% of their assets that have been stolen or otherwise rendered useless that are still on their books. This can cost many businesses tens of thousands of dollars annually as they are likely overpaying on federal and state taxes as well as insurance on those assets that are no longer actively being used in the organization.
Recent studies by Accenture suggest that effective management of capital equipment and other assets can reduce downtime losses by 5 to 8 percent with cost reductions of 10 to 15 percent for maintenance and repair. Accenture further suggests that effective asset management can increase capital efficiency by 10 to 15 percent.
Asset Management Solution
According to Epicor, it is possible to achieve a 50 to 75% reduction in downtime for machinery and capital equipment by more effectively maintaining their assets, improving changeover times, or by implementing strategies to optimize their use and up-time in the organization.
An Aberdeen Group study suggests that by employing best practices in enterprise asset management, the best performing manufacturers reduced maintenance costs by 30% and achieved a 20% higher return on assets vs. plan. Among the best practices noted, Aberdeen found that 68% of best-in-class manufacturers provided access to on-demand asset lifecycle information, including status and history.
Fixed Asset Management
Fixed asset management software also accurately calculates depreciation of fixed assets according to the latest tax laws and depreciation rules. After comparing tax laws in the domestic and foreign markets, manufacturers may discover tax advantages in moving fully or mostly depreciated equipment from plants in North America to the newer plants abroad. Manufacturers can then replace that equipment with new fixed assets in North American plants, starting a new cycle of depreciation and taking advantage of any bonus depreciation rules if the asset qualifies. In addition to calculating and tracking depreciation, manufacturers can conduct inventories with fixed asset software in order to get an accurate picture of equipment before plant moves and determine the best assets to reallocate to any new plants.
Recently, BusinessWeek recommended that business owners conduct an “asset audit” as one of three simple ways to reduce costs. A complete fixed asset management software solution, with tracking, depreciation, and inventory features, offers the easiest and fastest way to complete inventory and reconciliation. In addition to reducing the tax and insurance costs associated with ghost assets, comprehensive fixed asset management software will help you:
Fixed Asset Guide
  • Save time and avoid the hassles of managing assets manually in spreadsheets.
  • Maximize depreciation by choosing the best depreciation methods for tax planning.
  • Establish better internal controls and audit trails.
  • Produce more accurate financial reports.
  • Comply with regulations.
  • Plan and budget for new asset acquisitions or construction.
  • Prepare for business continuity in the event of a disaster.
The average annual salary of an accounting manager is somewhere between $70,000 and $95,000 in the U.S. That equates to $33 to $44 per hour. Every hour not spent on tax research, depreciation computation, or inventory reconciliation is money saved by your organization. Since your fixed asset software stays up to date with the ever-changing tax laws, time and attention can be directed toward other critical assignments.
Fixed Asset Software ROI

Enterprise Asset Management Software Testimonials

Find out how customers using asset management software like Sage Fixed Assets are realizing significant improvement in their processes and considerable annual cost savings.

Featured Fixed Asset Software Case Studies

Sage HRMS
Fixed Asset GASB Accounting

EAM Software ERP Integration

There are several applications available to help businesses effectively manage their assets but they are most effective when they are integrated with the backend ERP accounting system. The table below highlights various fixed asset management and preventative maintenance software available for the ERP software that we represent.
SOLUTION
SAGE 100 ERP
SAGE 500 ERP
SAGE ERP X3
EPICOR ERP
Sage Fixed Assets (fka Sage FAS)
Sage X3 Enterprise Asset Management
Sage ERP CMMS by DimoMaint
Epicor Asset Management
Epicor Field Service
Epicor Energy Management
Epicor IT Service Management (ITSM)
Epicor Advanced Quality Management
Epicor Mattec MES
Epicor Planning & Scheduling
JobOps Field Service for Sage 100
ServiceXtreme EAM for Sage 500

Integrated ERP and Fixed Asset Management Software

Fixed asset management and preventative maintenance software is most effective when it’s integrated throughout a business’ various departments and systems as a holistic approach to asset management. For example, integration with accounting is vital for asset depreciation but additional efficiencies are gained when asset management software is integrated to backoffice processes such as production scheduling where machine and tooling availability and preventative maintenance impacts work order schedules and downstream customer shipments. Further, asset tracking is essential for manufacturers who often utilize tool cribs to check out assets for production.
Many companies may also choose to utilize field service software to schedule and manage preventative and other maintenance activities for internally-owned assets and customer-owned assets.
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