Hillingdon Council has selected Real Asset Management (RAM) to help improve the speed and accuracy of entries to its asset register and quickly produce accounting reports that comply with the latest CIPFA Code of Practice.
Moving to RAM’s system will remove the control risks inherent with the use of spreadsheets and establish a clear audit trail that had previously been a difficult process.
Paul Whaymand, Corporate Director of Finance at Hillingdon Council, said “RAM’s solution will provide us with a deeper understanding of the history of an asset and its changing value within the accounts, which is a priority for the council. We chose RAM because we consider it to be a leader in the asset management industry and it was important for us to have a solution that guaranteed flexibility, speed and standard outputs for known local authority reporting requirements."
