Fixed Assets Manager
Product: Fixed Assets Manager
Company: Red Moon Solutions
Fixed Assets Manager is an easy to use, accurate, flexible financial reporting tool used to manage, track, and support all of your depreciation compliance, reporting and planning needs.
Sector: Data Management
Function: Asset Management
Over the years we have the good fortune of working with and listening to Fortune 500 companies, accounting firms, accounting and tax staff, directors of tax and CFOs. When it comes to fixed assets, no matter who they are, the challenges and issues they face are the same.
Depending on the size of the asset portfolio, the financial impact of these asset management challenges can be significant resulting in incorrect profits, income taxes, property taxes, insurance overpayments and poor purchasing decisions. In addition, because fixed assets is often considered a low-value area to focus on within a corporation, the lack of controls and documented processes are not in place, putting them at risk for Sarbanes-Oxley compliance.