It’s easy to kill the decision to purchase a stand alone fixed asset software package when your Accounting or ERP system already contains a similar module.
Or is it?
A best-of-breed software solution like Bassets eDepreciation offers many advantages and a complete project analysis will ensure its’ survival.
Vendors like Oracle, SAP, Microsoft, Epicor and PeopleSoft offer excellent ERP systems with a limited fixed asset module. Some of these modules only handle Financial Book while a dedicated package can offer additional schedules for IRS, AMT, State, ACE and Earnings & Profit. This is one example of the limitations usually found in these narrow offerings. Now let’s compare a best- of-breed solution and look at nine advantages:
- Easy implementation
- Feature Rich
- Industry Specific Functionality and Optional Modules
- Exchange data with other software packages
- Track supporting detail
- Provide Alternate Calculations
- Non-standard Calendar
- Minimize the risk for functional gaps in the future
- Interface options
- Easily handle special requests and unique requirements
- Experts in the field
- Not locked into a single ERP vendor
- Robust technical support
So if you perform your complete due diligence I think you will agree that best-of-breed software does offer many advantages. Before killing this critical decision and going for what looks to be the easy route, please consider these nine lives. Don’t just settle for “good enough”.
This modified version of a White Paper is intended to give you an overview of the advantages to choosing a stand alone-asset software vs. an all in one solution. You can find more detailed version, including a useful comparison chart, on the Bassets White Papers page.
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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.