Finance and Accountancy Briefing

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Why asset management and tracking is so important for schools and academies


Ian Ship, Director of Finance and Administration at St Mary Magdalene Academy, explains, "We required an asset management system that would streamline our processes. Track4000's barcode scanning technology allows us to carry out fast and accurate physical audits on a handheld computer by recording all relevant purchase, maintenance and movement information onto PDAs directly.

Following a simple barcode scan of a new or existing asset, an update is sent to the RAM Asset4000 database without the need to manually re-enter data; we are then able to track everything from purchase through to disposal whilst maintaining a full audit trail."

Tags: Accounting Software, Audit, Assets, Asset based finance.

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