Case Study – Large Northwest Sports Retailer

Trying to stay ahead of the curve on the fashion trends of young adults (12 – 24 years old) is a challenge for sure. Based in the northwest US, a major action sports retailer is continually expanding its number of retail stores across the country while also growing an internet business revolving around their customers. This retailer relies on accurate fixed asset tracking and depreciation calculations, so they sought a partner that shared their passion for customer support. When it was time to replace their older fixed asset software the project manager looked at all the leading solutions and selected Bassets eDepreciation.

“Sure, there are bigger software companies out there with capable products” according to Jasmine Perez, “but I always felt that from the start that Bassets genuinely cared about what my team needed from the product. The ability of our vendor to listen and respond were key differentiators when it came to decision time because I knew this was going to be a long-term relationship. Two years later I am very satisfied with our decision.”

For more information on this and other case studies please visit the Case Studies Page on our website.

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More information about Bassets eDepreciation software can be found at Bassets.net. While there you can set up a demonstration, download a free evaluation copy and get a personalized pricing estimate.

Case Study – Automotive Resources International

Founded in 1948, ARI has more than 64 years of fleet leasing and management experience. With a workforce of more than 2,200 skilled professionals, in offices throughout the U.S., Canada, Mexico, Puerto Rico, the U.K. and Europe, Automotive Resources International is known and trusted across the globe as a go-to business partner that can provide top-notch service and custom fleet solutions. Offering the industry’s most complete line of fleet services, ARI manages more than 915,000 vehicles in North America, the Caribbean and the U.K. and – combined with their global associates – more than 2 million fleet vehicles worldwide. Working closely with their customers, ARI seeks to solve their clients’ complex fleet challenges and deliver meaningful bottom-line value by combining business insight, optimal lifecycle analysis, best-in-class service, and high-powered technology solutions that drive efficiencies up and costs down. Their extensive experience and knowledge of best practices gives them a deep understanding of the marketplace, which allows them to design customized fleet management programs that are cost-effective and precisely meet the customer’s needs. Programs range from services that complement a customer’s in-house capabilities to comprehensive, professional and well-managed car and truck fleet leasing and management programs. ARI has an impressive history of meeting customer requirements and they expect the same from their vendors.

Bassets has been developing solutions for depreciation problems for over 20 years and is a leader in the stand alone fixed asset software market. ARI utilizes the Bassets Barcode option to do a complete physical inventory of their fixed assets. Due to inventory deadlines, several requested enhancements were added to the Barcode option and delivered in time to meet the deadline. This is a typical example of the exceptional customer support provided by Bassets to a company like ARI that knows customer service.

“My staff uses the system throughout the month to enter fixed asset data,” said John Gambetta, Internal Control Supervisor for ARI. “It makes the process easier and more efficient. And on the rare occasion we need assistance, the representatives at Bassets have gone above and beyond to make sure our needs are taken care of quickly and effectively. Their customer service is second to none.”

 

Questions or comments about this post? We invite you to respond in the space below.

More information about Bassets eDepreciation software can be found at Bassets.net. While there you can set up a demonstration, download a free evaluation copy and get a personalized pricing estimate.

Case Study – City of Columbia

The City of Columbia (population: over 30,000) is located approximately 45 miles south of Nashville in the heart of Maury County. Recreational opportunities include a variety of parks that offer a wide range of sports activities for all ages. For those who enjoy historical home sites, the ancestral home of the eleventh President of the United States, James K. Polk, is located two blocks from the center of town.

When you visit the City of Columbia, you are immediately struck by its rich history. As home to a former President of the United States, the City of Columbia prides itself as an outstanding example of local government. In order to meet their GASB 34 compliance, the city looked for a fixed asset solution with a strong history of success. In Bassets they found a software package that has been solving depreciation problems for over two decades. The City of Columbia is a very smart student of history and they selected the experience of Bassets to ensure success.

Danny King, from the Finance Department at the City of Columbia, had this to say, “We have been using Bassets software for 10 years and the City of Columbia upgraded to eDepreciation in January 2012.  We have found Bassets very reliable, easy to use and the transition to eDepreciation was simple and painless.”

Questions or comments about this post? We invite you to respond in the space below.

More information about Bassets eDepreciation software can be found at Bassets.net. While there you can set up a demonstration, download a free evaluation copy and get a personalized pricing estimate.

Case Study – Superior Essex

Even if you’ve never heard their name before, chances are, you’ve used their products. Superior Essex is one of the largest manufacturers of wire and cable products in North America, with a product portfolio that includes fiber-optic cables, copper telephone cable, data communications cables and magnet wire for electromagnetic motors and generators. The Company’s products are used by telephone companies, distributors, system integrators, and motor manufacturers, including six of the top eight telecommunications providers and four of the top five electro-motor manufacturers in North America.

With a history of over 50 years experience in the wire and cable industry the company has enjoyed a reputation as an innovator and leader to its customer base. Superior Essex has annual revenues exceeding $1B, operates 17 manufacturing facilities worldwide and employs over 2500 people, primarily in the United States. As a market leader, Superior Essex had outgrown their existing fixed asset system and turned to Bassets for simplified, yet powerful depreciation software.

To accommodate multiple plants in the USA, Superior Essex needed a flexible fixed asset solution. Bassets utilized Citrix servers and remote login using the Security Module to limit each plant’s access to only their assets. This restricted view of the data ensures the plant managers can only view their own assets and not makes changes to the assets of any other plant. Corporate headquarters can then manage the office assets along with everything at each of the plants. They can generate reports for any single plant or consolidated numbers the whole company. Bassets eDepreciation also easily integrates with their general ledger system.

Superior Essex was thrilled with the results. Sabra Black, Senior Accounting Specialist for Superior Essex,  had this to say, “Each of our manufacturing facilities is responsible for their own month end entries. I like the flexibility and the security that Bassets has to run reports either at the facility level or at the consolidated level for tax purposes. We also take advantage of the depreciation reports that can be run for a future time frame in forecasting and budgeting. Filtering and sort options allow me to run any number of standard reports, without having to create any custom reports. I love the fact that the reports can be saved as a .pdf file. That saves me hours of having to scan and email the reports to our tax department. Overall, we are very pleased with the flexibility of this product.”

To read more about how Bassets has helped other companies with their depreciation needs, go to the Bassets Fixed Assets case studies page.

More information about Bassets eDepreciation software can be found at Bassets.net. While there you can set up a demonstration, download a free evaluation copy and get a personalized pricing estimate.

 

Case Study – Mount Sinai Hospital

Founded in 1852, The Mount Sinai Hospital is one of the country’s oldest and largest voluntary teaching hospitals. Mount Sinai is internationally acclaimed for excellence in clinical care, education, and scientific research in nearly every aspect of medicine. Mount Sinai’s 1,171-bed tertiary-care teaching hospital with a medical staff of nearly 1,800 provides physicians who deliver the most advanced and compassionate inpatient and outpatient care. Located at 98th Street and Madison Avenue, The Mount Sinai Hospital serves Manhattan’s Upper East Side and Harlem.

For a hospital this large, Mount Sinai had some special requirements. Bassets provided the construction in progress (CIP) add on module to solve Mount Sinai’s property accounting problem. Invoices (Property Accounting) are entered into the Bassets CIP module and then converted to Assets (Accounting) when they go into service. Mount Sinai manages over 100,000 assets in Bassets with the same care and efficiency as they provide for their patients.

Mount Sinai recently upgraded to Bassets eDepreciation and has seen a tremendous boost in the processing speed of their reports. In the prior version they would have to wait as depreciation was recalculated, but eDepreciation’s dynamic calculations produce reports in a fraction of the time. In a hospital environment where every minute counts, it’s important that their software also has an excellent response time.

To read more about how Bassets has helped other companies with their depreciation needs, go to the Bassets Fixed Assets case studies page.

More information about Bassets eDepreciation software can be found at Bassets.net. While there you can set up a demonstration, download a free evaluation copy and get a personalized pricing estimate.