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Could new software adopted by UK academy help firms using facilities management cost reduction processes?

June 28th 15:49 Cost Management 

A number of organisations using facilities management as a way of reducing their costs could be among those interested in a recent software integration at a UK academy.

The St Mary Magdalene Academy, which operates educational programmes for a wide range of age groups, has implemented a new software solution in a bid to "control and maintain" its fixed assets.

Real Asset Management (RAM) has provided the academy, which caters for primary, secondary and sixth form education, with its Asset4000 and Track4000 programmes.

The integration of the solution is expected to improve control of the academy's accounting, financial, legal and compliance requirements.

Ian Ship, director of finance and administration at St Mary Magdalene Academy, explained: "Principally, the centralised asset register will afford [the academy] the ability to control spend by monitoring the values of assets and purchasing levels by department, ensuring we stay within budget and focus spend on those areas of the school that have a specific need.

"RAM's software will drive overall efficiency and management of the academy's six thousand-plus fixed assets on a day-to-day basis."
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