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Partnership Delivers Integrated Financial Management and Fixed Asset Management Software to the Public Sector

A leading provider of financial management systems (FMS) to the UK mid-market, COA Solutions (www.coasolutions.com), today announces a partnership with Real Asset Management Plc (RAM) – a UK-leading provider of fixed asset management software and services. This new partnership sees the integration of RAM’s fixed asset management software into COA Solutions’ FMS, providing users of eFinancials, OpenAccounts and e5 systems with market-leading fixed asset management functionality to complement COA Solutions’ existing fixed assets accounting module.

COA Solutions’ public sector customers will particularly benefit from this new partnership, enabling them to comprehensively manage their fixed assets (property, plant and equipment), from purchase, capitalisation and ongoing management through to depreciation and disposal.

Fergus Gilmore, Sales Director Public Sector and Enterprise from COA Solutions, says, “Our partnership with Real Asset Management adds significant value to our financial management systems. We can now offer market-leading accounting software with a range of integrated fixed asset management solutions depending upon customer requirements, from our own public sector fixed assets accounting module through to the full RAM software portfolio. This includes accounting, asset, estates and equipment maintenance as well as work order labour tracking and job costing functionality.”

Karen Conneely, Group Commercial Manager from Real Asset Management Plc, comments, “Fixed assets represent a significant investment for any organisation and so it is vital that assets are tracked and managed accurately and effectively. With our software integrated into COA Solutions’ FMS, users are provided with a sophisticated integrated solution to fulfil all their accounting and asset management needs, all from a single supplier.”

The RAM fixed asset software complies with International Financial Reporting Standards (IFRS), the Statement of Recommended Practice for Accounting and Reporting (SORP) and component accounting requirements.

Organisations interested in finding out more about COA Solutions’ financial management with integrated fixed asset functionality, should contact marketing@coasolutions.com or call +44 (0)8451 605 555.

-ENDS-

About COA Solutions www.coasolutions.com

COA Solutions is the UK's leading supplier of integrated business management and information systems to public, private and not-for-profit organisations in the service sector. COA Solutions prides itself on getting close to its customers by understanding their businesses and responding to their business needs.

COA Solutions' award-winning Smart Business Suite combines core financial management, procurement, human resource and payroll systems, integrated with a range of collaborative, document management and business intelligence solutions. COA Solutions also provides managed service, hosted service and bureau service options. Its systems and services extend the value and effectiveness of the finance, HR and payroll departments across the organisation and enable managers in the business to monitor, analyse and continually improve corporate performance.

COA Solutions has more than 500 experienced and professional staff supporting and servicing over 4,000 clients across the UK service sector including Companies House, Newcastle City Council, WHSmith, Royal Bank of Scotland, Aer Lingus, National Express Group, DFS, RSPB and Great Ormond Street Hospital for Children NHS Trust.

About Real Asset Management Plc (RAM) http://www.realassetmgt.co.uk

Real Asset Management is a leading provider of fixed asset management and logistics software & services. Over the last 25 years its products have been implemented by more than 3,000 organisations in over 70 countries.

RAM, a leading supplier to both the public and private sectors, has successfully implemented its software within Commercial companies, Housing Associations and Local Authorities, Central Government sites, NHS Trusts, Educational Establishments and MoD sites worldwide.

The company has developed a powerful array of software modules around a central data repository that enable organisations of any size to manage every aspect of the asset lifecycle. Its Series4000 solution offers fixed asset accounting, capital project control, lessee asset accounting, asset budgeting, help desk management, inventory control, asset tracking and maintenance management in one comprehensive solution.

Contacts:
Liz Ebbrell, COA Solutions
Liz.ebbrell@coasolutions.com
+44(0)1625 856505 or 07917 634 705

Ben Carey, COA Solutions
Ben.carey@coasolutions.com
+44 (0)1625 856505