proALPHA - Asset Management

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proALPHA Asset Management is designed for global deployment and performs a great deal more than the centralised management of property, plant and equipment; it can be an essential tool in supporting any capital investment decision, or, in applying maintenance standards.

User-defined valuation criteria can employ a wide variety of data to perform calculations and all functionality is available to all valuation methods.

All recognised depreciation methods are supported, from orthodox depreciation to support for special tax deductions and accelerated depreciation. Imputed depreciation can also be calculated for management accounting purposes on the basis of replacement cost.

The amount of depreciation recorded may differ for tax accounting or management accounting. In addition, calculations for imputed interest can be user defined and the results associated with an appropriate cost centre.

Fully integrated workflow functions ensure that all administrative routines and processes are simple to complete; for example, an asset acquisition. The appropriate purchase record information entered in financial accounting is simply transferred over for use in Asset Management.

Replacement costs can be estimated using various adjustable indices and, in turn, used as the insured basis by an insurance company when determining insurance premiums.

The availability of a planning asset feature provides a useful tool for investment planning and budgeting. Additionally, simulation facilitates permit the calculation of alternative parameters to be considered in determining planning values; an example could be simulating capital budgets by using differing estimates of useful life and depreciation methods.

Any number of asset audit variations can be designed and information is immediately available online or as printed reports.

Correspondence with insurance companies, asset master sheets, or lists of acquisitions and disposals can be easily created and modified.