Who Uses This Software?

FMIS is ideally suited to mid-sized retail and manufacturing companies looking to improve efficiency and visibility for Inventory and Production control.


Average Ratings

15 Reviews
  • 4 / 5
    Overall
  • 4 / 5
    Ease of Use
  • 4.5 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Free Demo
  • Deployment
    Cloud, SaaS, Web
    Installed - Windows
  • Training
    Documentation
    Live Online
    In Person
  • Support
    Online
    Business Hours

Vendor Details

  • FMIS
  • www.fmis.co.uk
  • Founded 1986
  • United Kingdom

About FMIS Asset Management

Complete Stock and Inventory management for mid-market manufacturing and retail companies. FMIS provides an end-to-end solution covering Sales Orders through to Shipping and Invoicing. Track Goods Receipt against Purchase Orders and track the location of inventory at any site down to part/bin level with integrated Barcoding. Manage Kitting and Assembly effectively with multi-level BOMs and ensure complete control over every stage with flexible workflows.


FMIS Asset Management Features

  • Amortization Schedule
  • Asset Management
  • Billing & Invoicing
  • Budgeting & Forecasting
  • Capitalization Reporting
  • Critical Date Alerts
  • Expense Tracking
  • For Equipment Leases
  • For Real Estate
  • Payment Tracking
  • Portfolio Management
  • Tax Management
  • Back Order Management
  • Catalog Management
  • Inventory Management
  • Order Entry
  • Order Fulfillment
  • Order Tracking
  • Recurring Orders
  • Returns Management
  • Shipping Management
  • Special Order Management

FMIS Asset Management Reviews Recently Reviewed!


We use the FMIS software as integral part of our purchasing and asset management

Apr 05, 2018
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: The order processing and goods receipting is easy to use for the non financial staff. The Fixed Asset management system deals with our extensive assets and the support from FMIS when implementing the software, some bespoke was excellent.

Cons: The system does not deal with incorrect stock purchases very well. It is easy for stock buyers to make errors on the purchase orders and goods receipting which if not spotted in time require several steps to correct.

Overall: Our invoice processing time has been cut considerably and we now have an asset register that we have confidence in.

Vendor Response

by FMIS on April 13, 2018

Hi Elaine,
Thank you for taking the time to review FMIS. I'm glad the software is saving you time on invoices and goods receipt.
Correcting stock purchases can be a hassle, but I know the team had a couple of ideas that might help if you would like to call in and have a chat with them.
Best Regards,
John.

Asset Management on Steroids

Mar 15, 2018
4/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
3 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Extremely
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Comments: I used to use a third party fixed asset module from Normin, since I found this software, my internal customers have asked where has this been all there lives. This is truly asset management with a lot of extras, or maybe I never knew what fixed asset management was until this software.

Pros: Complete tracking of all assets from purchase to disposal and at multiple locations. I can break it down to branches and still roll it up as a whole. Reporting is fabulous and its graphical Easier management of maintenance of equipment (e.g. H VAC, Copy Stations etc) and keep track of ROI and schedules.

Cons: Everything is in a different module and the complete package can get pricey.

Easy to use but flexibility of reporting could use some enhancements

Mar 08, 2018
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
3 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Extremely
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Pros: Pretty easy to use software for tracking our fixed assets, depreciation schedules, etc. You have to recognize that there will be some time you'll need to invest in doing the initial software setups correctly but everything worked as expected after doing so.

Cons: The reports are good but have some concerns of minor annoyance. Uploading data requires adherence to very specific field data definitions. Reports had some limitations regarding what could be reported by period vs. end of fiscal year, etc.

Overall: Overall easy to use to track fixed assets, forecast depreciation schedules, etc.

FMIS Asset management - user friendly, intuitive and great functionality

Mar 22, 2017
4/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money

Comments: We implemented the system in June 2016 and received quick response during and after implementation. The system itself is intuitive and user friendly with minimal training. As a user, I am most impressed with the reports that can be generated (standard reports) which we found lacking in the previous system we had. There are also plenty of asset data fields to incorporate additional asset information e.g. Serial number, make, model etc which we find useful to track assets for physical verification. Depreciation forecasting is currently only done in periods so we will need to explore annual forecasting as a separate setup. The upload of asset data has to meet specific formats and number of character, decimal lengths so this is the only minor drawback we found with the system. Otherwise, a pretty sound, basic all round stand alone asset system which meets our organisation requirements.

Excellent summary and detailed, user friendly system, excellent customer support

Apr 11, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money

Pros: Very helpful customer service and support (Training, ongoing support and developing bespoke reports), standard and bespoke reports, intuitive to user, easy to add assets and make changes, robust system, flexible coding structure can be tailored by user to organisation's reporting. requirements

Cons: Would prefer more filter options on running the standard reports. Maybe the option to select what fields are displayed on the standard reports.

Vendor Response

by FMIS on April 13, 2018

Hi Rachel,
Thank you for taking the time to review the software and I am glad it is working well for you. Customer Service is very important to us, so your feedback there is especially appreciated.
There are a few different options we can look at to enhance the reporting for you. Can I suggest you give the support team a call and we can discuss them?
Best Regards,
John.

Functional, could improve on reporting

May 28, 2015
4/5
Overall
4 / 5
Ease of Use
5 / 5
Customer Support

Comments: This software is relatively easy to use. All the essential functions that I need to carry out to maintain a fixed asset register are there. Customer service is very good, with fast response time.

While there is a number of different reports in the system to use, I think there is space to improve, such as drill down facilities on reports to see the breakdown of a subhead. I appreciate that I could run a full excel download to see the breakdown, however, it could be time consuming to sum up all the subheads and reconcile them to the depreciation reports, for example.

Vendor Response

by FMIS on May 29, 2015

Thanks for the feedback Kevin. I'm glad to hear your experience with the support team has been so positive.
Summary reports can be run at a detailed asset level, so I'll ask the team to get in touch with you shortly to look at what you need them to do.

We are a group of Museums, subject to government account rules. Our experience with AI: very good.

Jun 26, 2015
4/5
Overall
3 / 5
Ease of Use
5 / 5
Customer Support

Comments: PROS

very helpful support team, quick response times;

adequate scope for recording asset details due to the number of profile fields;

ease with which depreciation can be advanced / deleted greatly assists with checking how

more out of the ordinary transactions will be processed in the register;

the flexibilty of amending and adding to periods within an accounting year prooved to be invaluable when implementing a last-minute revaluation

ability to export reports to excel is extremely useful;

price competetive compared to some alternatives,

CONS

none of significance.

manual could perhaps be clearer as regards revaluing, tranfrerring or splitting assets.

TIP

Dont skimp on set up time. Allow time for setting up general ledger posting as well as the asset regiseter itself.

We mainly use the software for a depreciation calculation, which is quick and easy to use.

May 18, 2015
4/5
Overall
4 / 5
Ease of Use
4 / 5
Customer Support

Comments: We probably only use about 20% of this software/systems capabilities. Through no fault of FMIS we never really implemented the software correctly in the first place , this was down to our own internal resource at the time of implementation. To be able to fully utilise this system we would need to re-design the formatting of the fixed assets and the way they have been entered into the system in the past .

Vendor Response

by FMIS on August 19, 2015

Thanks for the feedback Tim.

The system does have a lot of additional functionality and we would love to help you get the most out of it. Internal resource is always a challenge, but talking with the consultants, I think they have a few ideas to discuss with you.

We will be in touch very shortly.

Best Regards,
John.

Great material management tool for Deltek Vision users

Aug 21, 2015
4/5
Overall
4 / 5
Ease of Use
5 / 5
Customer Support

Comments: FMIS customer service is excellent. Our version was initially adapted for our need to track customer-owned materials that our company holds. As our business developed and diversified, FMIS worked with us to improve speed and functionality for managing large quantities of items and to expand invoicing capabilities. Users in our organization are very pleased by the creativity and responsiveness of the FMIS team in helping them meet new challenges.

The FMIS system has been one of the most user friendly systems I have ever used.

May 14, 2015
4/5
Overall
4 / 5
Ease of Use
5 / 5
Customer Support

Comments: I have found the system quite easy to navigate around and once you have had a chance to play around with it, it is quite logical and systematic.

The customer service has been very good, all requests for help/any queries have been dealt with promptly and our client contact has always been willing to help.

The turnaround on the initial data conversions/set up have been quick.

FMIS and gbaSI designed a custom program for our use initially to sync with our sister company

Aug 26, 2015
5/5
Overall
4 / 5
Ease of Use
5 / 5
Customer Support

Comments: Love that this software does all of my inventory management. Also love that when I need something special, FMIS works with us until it is delivered. We also have to sync with our Corporate software (run by a sister company), and FMIS does this nicely (with Vision)...keep up the GREAT WORK team...can't wait to see what is coming NEXT!

I have used FMIS Asset Management for the past 5 years.

May 14, 2015
4/5
Overall
4 / 5
Ease of Use
5 / 5
Customer Support

Comments: FMIS Asset Management system is an excellent software. It has rich and easy to use functionalities. Its integration with bar coding module allows easier asset tracking and auditing.

Technical support I received from FMIS is excellent and timely.

Taking the headache out of fixed asset management

Jun 29, 2015
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: This is the best software we identified after extensive research which allows us to efficiently manage and organize fixed asset data as well as accurately calculate depreciation and valuations for statutory reporting purposes

We started using the softwrae 2 years ago the product met all our needs.

May 29, 2015
5/5
Overall
5 / 5
Ease of Use
5 / 5
Customer Support

Comments: Installation was experly done and the support has bene some the finest I have come across from a software compamy.

SIMPLE

Dec 08, 2015
4/5
Overall
4 / 5
Ease of Use
4 / 5
Customer Support

Comments: A reasonably straightforward package to use!