Automated

Asset Management

Affinity Asset Management software fully automates the management of fixed assets (depreciable and non-depreciable; capital and non-capital) through the complete asset life cycle — from acquisition to disposal — to reduce manual effort and increase efficiency.

Vendor

Management

Fully automated, intuitive, table-driven accounting enables non-accounting staff to manage your assets, while the accounting and required journal entries are automated for each asset.

Tight integration with Affinity Materials Management software saves time by eliminating duplicative effort and data entry, and automatically populating your asset database as assets are received.

Record all of the required information about each asset

Add as many lines of expense detail to each asset as is required

Easily make adjustments to any asset

Add costs to the asset for the life of the asset

Enjoy the total flexibility and automated accounting that only ORMED MIS software can provide

MODULES

Included

Asset Manager

l

Asset Entry

i

Asset Reporting

Manager

Asset Management

Harris Affinity Asset Management provides effective and efficient tools to automate fixed asset management through the complete asset life cycle including acquisition, depreciation, and disposal.

Comprehensive program for depreciable and non-depreciable assets

Use the Asset Management module for minor equipment (equipment expensed in the year of purchase) and capital equipment. Information about an asset includes the vendor, purchase order, cost, physical location, associated assets, budget, project, and useful life of minor equipment assets.

Additionally for depreciable assets, information includes cost and depreciation start date to automatically calculate depreciation monthly. The system automatically generates a fixed asset continuity schedule.

Powerful integration with MM
Asset Management is integrated with Harris Affinity Materials Management Receipt of goods designated as capital creates the asset in the Asset Management subledger to facilitate subledger completeness and accuracy.

Information from the purchase order automatically flows to the capital asset system and is then used to determine the useful life of the asset and to calculate depreciation.

Flexible setup Depreciation can be recorded centrally or allocated to the department where the asset is located. Historic assets can be entered over multiple periods prior to initialization of the system. To meet specific reporting needs, assets can be grouped, sub-grouped, and associated with a budget or a project.

Comprehensive Reports
A variety of easy-to-use pre-built reports are available to provide asset information by site, location, cost center, or asset group.

Asset Entry

Asset Management

Record as much information about each asset as you wish, including vendor, purchase order, cost, physical location, associated assets, budget, project, and useful life

Use cost and depreciation start date to automatically calculate depreciation monthly

Future date the depreciation start date when recording an asset received but not to be in operation until a later date

Automatically generate a continuity schedule for fixed assets

Record depreciation centrally or allocate it to the department where the asset is located

Enter historic assets over multiple periods prior to initialization of the system

Group and subgroup assets to meet specific reporting needs

Associate assets with a budget or a project to facilitate specific reporting needs

Reporting

Asset Management

Easily generate a variety of pre-built reports with asset information by site, location, cost center, or asset group

Be informed in advance of the cost of replacing assets close to retirement by factoring an inflation rate to better plan and budget for capital purchases for upcoming years

Quickly view detailed or summary information of asset accounts, accumulated deprecations accounts, and net book value of assets for a specified or range of periods

EXPERIENCE

Meet Our Experts

Susan P. Vickery

Project Manager

Harris Affinity - Finance

Susan is a Senior Project Manager and has been with the Professional Services division of Harris/QuadraMed since 1994. She has been responsible for both financial and clinical project implementations at many of our larger multi campus/multi facility client sites.

In addition to her 20+ years of project management experience with Harris/QuadraMed, she also has over 20 years of experience in healthcare organizations in the Northeast, serving as Manager of Patient Registration and as a Clinical & Financial Systems Analyst for several New York hospital organizations.

Susan’s professional memberships include the Project Management Institute (PMI) as well as active membership in the Charleston, SC PMI Chapter.