AUBURN HILLS – Plex Systems, which
provides Plex Online software for the manufacturing enterprise, announced its latest winkle, the availability of automated fixed asset tracking capabilities.
The Plex Online integrated ERP system delivered as a Software as a Service
(SaaS) solution lets manufacturers easily track the useful life of office
equipment, computer equipment, vehicles and machinery. The system gives a
thorough overview of a company’s fixed assets at every stage, and provides
reliable information for planning new investments.
For many manufacturers, tracking and calculating fixed asset
depreciation schedules requires supporting and maintaining standalone
accounting system or manual journal entries. Plex Online aggregates
depreciation tracking for ease of monitoring on the balance sheet. Plex
Online instantly moves fixed asset management data from accounting to the
General Ledger for consistency of information and reduced risk of errors
caused by manual entry.
“Manufacturers are under tremendous competitive and cost pressures,” said Mark Symonds, CEO and president, Plex Systems. “Now,
Plex Online lets these companies see in an instant what costly assets are
really worth to improve the processes of procuring, tracking and managing
assets. Plus, they no longer need to support a separate asset system and
benefit from improved decision making.”
For more information, click on Plex.Com
a>>
