FMIS Ltd.

FMIS Ltd. makes enterprise asset management software that follows an asset from purchase through to its use and disposal. Its products cover accounting, tracking and upkeep of equipment across several sites and companies. The firm says it has worked for more than 30 years and supplied customers in over 40 countries.

What FMIS Ltd. offers

• Fixed asset management — asset accounting and depreciation designed to meet GAAP, IFRS and related standards.
• Asset tracking — records the location, status and history of assets, inventory and equipment.
• Lease accounting — handles finance and operating leases under IFRS 16, FRS 102 and ASC 842.
• Equipment maintenance — schedules preventative and reactive jobs, with reminders and work orders.
• Stock and inventory — ordering, allocation and despatch for manufacturing or retail, with barcode tracking.
• Purchase to pay — covers purchasing from requisition through order processing to goods receipt.

Who it works with

Finance, operations and reporting teams that need to account for physical assets, leases and stock. Its site also points to healthcare organisations among its users.

Key facts

• Experience: more than 30 years in asset management software
• Reach: customers in over 40 countries
• Integrations: transfers fixed asset ledger postings to AccountMate
• Standards: IFRS, GAAP, FRS 102 and ASC 842