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Active management, active protection
Recent legislative requirements and state based Asset Management Programs like STEP and TAMI have meant that Local Governments, Ports and Defence organisations need systems and tools to manage data and information.
Risk and Insurance requirements have put pressures on event traceability, customer request tracking, pro-active inspections and document management.
The new International Financial Reporting Standards have put pressures on finance managers and engineers to demonstrate real consumption based depreciation.
Auditors are seeking more transparency – central asset registers, completeness of data and audit trails for changes to assets.
There is a growing awareness of activity based costing to get better long-term plans.
Finally, the Asset Management Plans required by NSW, Tasmanian, Victorian, Queensland and WA programs have a key requirement to be based on long-term predictive analysis of demand, condition, capacity and functionality of assets.
Assetic offers a cost-effective local solution based on local government needs which has been tested and proven on Australian sites. The System is working at George Town Council which won the 2006 National Asset Management award. The System was an integral part of the financial modeling work done by Glenorchy Council which has led to national recognition in the LG awards.
A simple solution
Assetic's software hands you back control, simply, quickly and economically. More, it underpins protection against the growing demands on reporting, tracking and traceability of events, capital works, financial planning, customer requests, asset failures and prediction of future outcomes.