Empower your business with Fidelity Asset & Spend Management
Fidelity empowers companies by automating the full life cycle of assets and expenditures with advanced business management modules & functions integrated on a single web-based platform.
With Fidelity, building an end-to-end asset and spend management system is easy. Asset, budget, spend and accounting data are no longer in separate systems.
A modular and scalable platform to manage the full lifecycle of assets and expenditures with built-in budget, demand, procurement and accounting processes, Fidelity ensures compliance and proactive budget control to build effective sourcing strategies.
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Customer Benefits
- Provides sustainable cost savings of up to 10-20% on inventories and operational / administrative expenses (non-personnel), and a return on investment within the first year
- Spend visibility and analysis tools for all expenditures to identify savings opportunities and to decrease maverick spends
- Proactive, budget-controlled spend and cost management including demand and procurement approvals
- Strengthens a company’s decision support system by enabling real time performance management of the budget
- Integrated platform of managerial accounting for accurate distribution of costs to cost centers and re-billing
- Provides compliance and standardization of procurement processes
- Central management of contract and monitoring of vendor compliance
- Reconciliation between accounting and operational data for assets
- Management of insurance policies, risks and coverage for all assets
- Central management, reporting and analysis for the real estates and related expenditures as well as maintenance and construction processes
Technical Information
- Application technology: Microsoft .Net, C#
- User interface: XML Based User Interface Designer
- Database: MS SQL
- API availability
- User interface: Web-based; requires only an internet browser for access
- Advances Security Features: Authentication, Authorization, AD integration, SSO, password protection and encrypting, Data Entry and Validation controls, Maker Checker, Log Trace, Audit Trace
- Compliant with Basel III, CoBIT and ITIL standards
- Multi-language support
- Multi-currency support
- Management Dashboard for graphical tracking of KPI’s
- Ready-to-use forms and business logic to implement best business practices
- Flexible workflow management and document management capabilities
- Supports e-signature
- Automated alerts by SMS and email and Task Manager
- Extensive reporting and analysis capabilities
- Advanced data entry and validation controls