RAM Fixed Asset Management

RAM Fixed Asset Management

Complete fixed asset accounting software

4.5/5 (40 reviews)

RAM Fixed Asset Management Overview

RAM’s IFRS compliant Fixed Asset Management software is a fixed asset accounting solution that assists organizations with regulatory compliance. The solution was designed to help control, track, and record changes that occur during an asset’s lifetime, such as depreciation processing and forecasting. Market sectors such as commercial, education, government, healthcare and not for profit can all benefit from RAM solutions.

RAM’s Fixed Asset Management solution focuses on three main components. The first component consists of a central fixed asset register, which is a database and record of all assets and its events within a lifecycle.

The second component is fixed asset accounting which focuses on relifes, revaluations, and asset disposals, helping to optimize an organization’s investment returns.

The third component is asset tracking, which monitors the movements of assets and ensures that the register is kept up-to-date. It involves a regular process of system updating which can be done via mobile device.

The third component is fixed asset accounting which focuses on tracking asset depreciation forecasting and modeling. RAM's Fixed Asset Management solution creates unique scenarios for future capital expenditure, reliefs, revaluations, and asset disposals, helping to optimize an organization’s investment returns.

Pricing

Starting from
N/A
Pricing options
Free Trial
Value for money

Devices

Business size

S
M
L

Markets

Asia, Australia, Brazil, Canada, China and 5 others, Europe, Germany, India, Japan, Latin America

Supported Languages

English

RAM Fixed Asset Management Reviews

Overall rating
4.5/5
98% positive reviews
23
Excellent
16
Very good
1
Average
0
Poor
0
Terrible

Easy to use, great user support

Reviewed on 8/19/2016
Review Source: Capterra

We've been using Real Asset Management's fixed asset software for around 10 years. Their approach to customer service is second to none. I haven't ever had problems contacting support for help. Always contactable and no "press 1 for sales"...

Pros

It's easy to use and very logical. Once you get the idea of where to find things, everything fits into the same format So you don't have to learn different ways to solve different problems.

Cons

It does look a little old fashioned, maybe needs a face lift to bring it into the teenies. It has a graphical interface, yet you're still unable to drag and drop things to save you from having to type the same things again and again.

Response from Real Asset Management

Hello Fu, an advisor will contact you shortly as there is a session time out and we can set this up for you in a second. We can also find out your queries on drag and drop as it may already be available. If not, RAM always acts on customer feedback. The new version in Autumn 16 will bring a new look and feel so we'll make sure we get you updated asap.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

8.0/10

Asset4000 Experiences

Used Monthly for 2+ years
Reviewed on 10/17/2018
Review Source: Capterra

Pros

The software is easy to use & I've always found the user guide offers straightforward explanations of the processes involved in maintaining an accurate asset register.It is possible to run audit trails which show all entries made relating to the asset register.If I have needed any advice to overcome a problem(which has happened on very few occasions) the Asset 4000 helpdesk have always responded very promptly in resolving the issues.
The software allows forecasted depreciation figures to be easily obtained & helps in the preparation of budgeted figures for depreciation.

Cons

I've never encountered anything that I've actually disliked about Asset4000.The Standard Reports cover the majority of my requirements although Defining New User Reports has caused myself a few problems.I've also encountered a few Configuration & Security problems but originally I was not set up at super user level on Asset4000 but these problems were resolved with help from the Asset4000 helpdesk.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10

RAM is easy to use and does everything that you want it to do.

Used Daily for 2+ years
Reviewed on 5/19/2017
Review Source: Capterra

Makes keeping asset registers easier

Pros

RAM keeps all your asset data in easy to access component groups which enables you to run accurate reports for audit and day to day use.

Cons

The only downside to the software is how long it can take to run depreciation for lots of components but this is not a big problem.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10

Customer Service 5*

Used Weekly for 2+ years
Reviewed on 10/30/2018
Review Source: Capterra

We have a fixed asset register that is easy to understand and to report on, job done.

Pros

Asset4000 is a useful Fixed Asset software system, the differentiator I believe is their fantastic customer support, any issues are dealt with in a very timely manner which is great when most issues need to be overcome in a speedy manner. Importing of assets via excel is also a plus.

Cons

The general look and layout of the software is somewhat basic, but still functional and generally easy to use.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10

Our college has always been well supported by RAM. It meets our needs and is cost effective.

Used Weekly for 2+ years
Reviewed on 5/19/2017
Review Source: Capterra

Simple to use, cost effective and meets our needs.

Pros

Good support and help desk back up. Issues are resolved quickly especially when using the on line support function which enables a web link between the user and help desk.
RAM will normally offer solutions to meet all your needs.

Cons

Too much functionality for our needs, as a college we do not need as much functionality as larger companies. There is no scaled down version., therefore a lot of the functionality is not required.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

9.0/10

RAM Fixed Asset Management Pricing

Starting from
N/A
Pricing options
Free Trial
Value for money

An account manager will need to collect some basic information on a project in order to provide an accurate cost proposal.

Contact Real Asset Management for a price quote.

RAM Fixed Asset Management Features

  • Audit Trail
  • Auditing
  • Compliance Management
  • Customizable Reporting
  • Data Import/Export

  • API
  • Access Control
  • Activity Dashboard
  • Activity Tracking
  • Automatic Notifications
  • Custom Fields
  • Document Storage
  • Inventory Management
  • Inventory Tracking
  • Invoice Management
  • Monitoring
  • Real Time Data
  • Reporting & Statistics
  • Third Party Integration
  • Workflow Management

Additional information for RAM Fixed Asset Management

Key features of RAM Fixed Asset Management

  • Apply by asset, asset group, and period of account
  • Asset status, history, and location for audits
  • Audit file
  • Automatic calculations
  • Automatic depreciation calculation
  • Automatically generated costs
  • Compliant with GAAP ever changing requirements
  • Comprehensive audit trail
  • Electronic document management
  • Finance / ERP systems
  • Full and partial disposals
  • Full statutory compliance
  • Hierarchical asset arrangement
  • Historical periods
  • Identify parent/child relations and dependencies
  • Multi-company
  • Multi-currency and multi-lingual
  • Past period reporting
  • Property management systems such as MRI
  • Reliefs, revaluations, and splits
  • Restrict report information
  • Single input screen
  • Standard and user-definable depreciation methods
  • Standard interfaces to spreadsheet packages
  • Suite of standard reports
  • Transaction types
  • Transfers, enhancements, cost adjustments
  • User action history
  • User-definable reports
  • View reports in PDF or export to Excel

Benefits

RAM Fixed Asset Management will help users accurately report asset depreciation through standard and user-definable methods.

Organizations can improve statutory compliance and accelerate year-end reporting with the software's suite of standard reports.

With RAM Fixed Asset Management, users are able to audit assets by location and provide complete information on status and history.

Utilizing the cost control features, users can reduce insurance premiums and extend asset lives, as well as avoid oversights with automated alerts.

Users have the ability to sort, sequence, and filter reports to view them on screen, in PDF format, printed on paper, or exported to MS Excel.

RAM Fixed Asset Management FAQs

Below are some frequently asked questions for RAM Fixed Asset Management.

Q. What type of pricing plans does RAM Fixed Asset Management offer?

RAM Fixed Asset Management offers the following pricing plans:

Free Trial: Not Available

An account manager will need to collect some basic information on a project in order to provide an accurate cost proposal.

Contact Real Asset Management for a price quote.

Q. What are the main features of RAM Fixed Asset Management?

RAM Fixed Asset Management offers the following features:

  • Apply by asset, asset group, and period of account
  • Asset status, history, and location for audits
  • Audit file
  • Automatic calculations
  • Automatic depreciation calculation
  • Automatically generated costs
  • Compliant with GAAP ever changing requirements
  • Comprehensive audit trail
  • Electronic document management
  • Finance / ERP systems
  • Full and partial disposals
  • Full statutory compliance
  • Hierarchical asset arrangement
  • Historical periods
  • Identify parent/child relations and dependencies
  • Multi-company
  • Multi-currency and multi-lingual
  • Past period reporting
  • Property management systems such as MRI
  • Reliefs, revaluations, and splits
  • Restrict report information
  • Single input screen
  • Standard and user-definable depreciation methods
  • Standard interfaces to spreadsheet packages
  • Suite of standard reports
  • Transaction types
  • Transfers, enhancements, cost adjustments
  • User action history
  • User-definable reports
  • View reports in PDF or export to Excel

Q. Who are the typical users of RAM Fixed Asset Management?

RAM Fixed Asset Management has the following typical customers:

Large Enterprises, Mid Size Business, Non Profit, Public Administrations, Small Business

Q. What languages does RAM Fixed Asset Management support?

RAM Fixed Asset Management supports the following languages:

English

Q. What type of pricing plans does RAM Fixed Asset Management offer?

We do not have any information about what RAM Fixed Asset Management pricing plans

Q. Does RAM Fixed Asset Management support mobile devices?

We do not have any information about what devices RAM Fixed Asset Management supports

Q. What other apps does RAM Fixed Asset Management integrate with?

RAM Fixed Asset Management integrates with the following applications:

Microsoft Excel, RAM Asset Tracking

Q. What level of support does RAM Fixed Asset Management offer?

RAM Fixed Asset Management offers the following support options:

FAQs, Online Support, Phone Support