Case Study: SPS Aero modernises asset tracking and compliance with FMIS Fixed Assets

Sps Aero Modernises Fixed Asset Management With Fmis Solutions

SPS Aero, a leading UK aerospace engineering firm, needed to modernise its fixed asset management and asset tracking processes across multiple sites while staying compliant with GAAP. Its existing software was dated and difficult to use, and the company also needed better support for asset accounting, depreciation management, reporting, security, and barcode-based tracking. FMIS provided FMIS Fixed Assets to replace the legacy system.

With FMIS Fixed Assets, SPS Aero was able to automate depreciation, generate management and accounting reports more easily, manage multiple books for compliance, and track assets across their lifecycle from acquisition to disposal. The responsive interface, on-premises deployment option, ISO 27001-aligned security, and mobile barcode scanning improved usability, control, and data accuracy, while reducing manual work and speeding up calculations and journal creation. FMIS helped SPS Aero move to a simpler, more modern way of managing fixed assets.

SPS Aero

Rachel Boulton

Management Accountant