Chris Cross and his team are now using the Asset Register function in epic. All assets are allocated to Categories (eg Computer Equipment; Furniture & Fittings; Land & Buildings; Printers & Fax etc.) with the relevant information pertaining to each asset recorded (model, serial number, date of purchase, supplier, invoice number, cost, warranty & any additional information).
Supporting documents (eg invoice or associated documents) are uploaded and stored against each asset and an up-to-date Asset Report is automatically available for downloading whenever required.
Asset Assessment:The next step in the process was to assess the assets. This is easily done in epic! Assessment periods are set up (eg 2022) and each asset can be 'assessed' based on customisable criteria. One example is
- Condition
- Usage
- Estimated Useful Life (calculated from 1 & 2).
A comprehensive report, per assessment period, can be produced at the click of a button for control and audit purposes