RAM Fixed Asset Management Pricing, Features, Reviews & Comparison of Alternatives

RAM Fixed Asset Management Reviews

RAM Fixed Asset Management

Complete IFRS compliant fixed asset accounting software

4.48/5 (25 reviews)
91     1,640

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.
www.realassetmgt.co.uk

RAM Fixed Asset Management Reviews (25)

Latest reviews

 Good Asset Management 
Vendor responded

This is a good package to keep track of our company assets.

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Reviewed 22nd of August, 2016 by Sonia Samm

 

 RAM is excelelnt

RAM is easy to use, and the helpline is excellent if there are problems. Once every quarter I actually get a call just to check if everything is ok - not a selling exercise at all.

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Reviewed 22nd of August, 2016 by Lisa Gauci

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RAM Fixed Asset Management Pricing

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.

Key Features of RAM Fixed Asset Management

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

Specifications

Intended Users
Large Enterprises, Mid Size Business, Non Profits, Public Administrations, Small Business
Devices Supported
Windows, Web-based, Mobile Web App
Supported Countries
Asia, Australia, Brazil, Canada, China, Europe, Germany, India, Japan, Latin America, Mexico, Middle-East and Africa, United Kingdom, United States
Supported Languages
English
Support Options
FAQs, Online Support, Phone Support

Alternatives to RAM Fixed Asset Management

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.

Videos

Sonia Samm

Good Asset Management

22/08/2016

This is a good package to keep track of our company assets.

Pros

Easy to update each month. Plenty of reporting functionality

Cons

It's quite hard to make changes if errors are made in a previous period

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No

Response from Real Asset Management


Thank you for your feedback. In order to preserve the integrity of data in past periods, we do put in place some checks. One of our support team can talk you through how you can quickly make these changes should you need to at a later date.

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Lisa Gauci

RAM is excelelnt

22/08/2016

RAM is easy to use, and the helpline is excellent if there are problems. Once every quarter I actually get a call just to check if everything is ok - not a selling exercise at all.

Pros

Ease of use and reliability

Cons

Nothing

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
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Fu Wong

Easy to use, great user support

19/08/2016

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Likelihood to recommend

8/10

Recommendations to others considering RAM Fixed Asset Management

The version that we're using now requires you to log out twice, once from the actual program that deals with fixed assets, then out of a "master" application. A bit annoying but if you don't completely log out, you'll be classed as still logged in next time (there's no session time out)

Source: Capterra
Helpful?   Yes   No

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.

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David Morgan

Real Asset Management Software

15/08/2016

Best fixed asset management software program I've ever used. On the rare occasion I have to contact Technical Support, technical issues are resolved quickly and efficiently

Pros

Easy to use

Cons

Can't think of anything I don't like about it

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
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Chris Carlos

asset 4000

19/12/2014

The system works very well. The only issues we have come across is that you have to view some data by asset ID where we would prefer to use Tag numbers. The other short coming is Track 4000 it works but is not intuitive to use and you can't easily change rooms if you realize you made a mistake after scanning an asset.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
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Michael Guerrera

Great inventory software

15/12/2014

The basic package had most of what we were looking for in an inventory system. We've expanded into multiple modules and are currently working on incorporating bar coding with them. The customer service is exceptional.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
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Doug Leonard

RAM Asset 4000 Review

15/12/2014

We implemented RAM Asset 4000 across our entire company which included 17 manufacturing facilities and 5 distributions centers. The system has the capability of handling multiple locations and legal entities. Asset 4000 is inter-connected in every way needed for fixed asset accounting. Their suite of products handles an asset "from cradle to grave" and provides the necessary controls for our accounting environment. The out of the box reports are great and provide what is needed for each report area. The report writer functionality could use some TLC. The way the time scenarios in the reporting are setup are a little odd compared to what you would normally see in report writing. Asset 4000 is designed to use Crystal Reports report writer which is a great reporting application that makes up for the shortcomings in the out of the box report writer. Their support staff are wonderful to deal with and very knowledgeable about their system. They are willing to work with their clients to enhance their system.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
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Jennifer Holloway

Good Fixed Asset Software

15/12/2014

Pros: Very easy to use and train others on. The similarity between types of transactions makes it very user-friendly. Cons: System is a little slow. There isn't an easy way to combine assets for inventory purposes. The system allows transfers with no changes and records it as a transfer. Overall I would highly recommend this product but I would also recommend a thorough clean up of your fixed assets prior to implementation for ease of use.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
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Laura Teear

RAM Capterra Review

27/11/2014

Cant fault anything. Customer service has always been very pleasant. They were very helpful with any queries and issues that have occurred in the past, all matters were adhered to and efficiently rectified.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
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Carin Day

Asset4000

18/11/2014

Customer service is excellent - if I email the help desk someone always phones within half an hour and the knowledge and understanding of the product from the adviser is superb. I also find the webinars very useful and like the fact that you can talk to other 'real' users. We are still having issues in getting the revaluation reserve function working correctly for us.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No

Response from Real Asset Management


Hello Carin, an account manager will contact you and we can get that revaluation reserve function working correctly for you asap.

Kind regards

Nicola

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