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| Governments and Commercial Enterprises have significant investment in capital assets (land, land improvements, buildings, infrastructure, and rights-of-way). In a major effort to improve financial reporting, project reporting, and accountability, these entities have a need to deploy robust capital asset information systems. Complete and accurate capital asset records can help administrators identify underutilized buildings or surplus assets that can be disposed of or redeveloped for more productive use. Accurate records also help identify replacement and renovation needs of existing assets. This type of management information is useful in making budgetary and policy decisions for specific requests, proposed projects, and long term capital planning. Ready access to this level of information reduces the time and effort for clients to prepare and approve annual capital budgets. |
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| Fm currently provides asset information system solutions for customers based on proprietary software developed by Computer Technology Solutions (CTS), a software engineering firm and Fm alliance partner. The software, Property Records Information System Manager (PRISM), is a management system that allows real estate owners to develop and maintain accurate, centralized records of their property rights and holdings, and provides rapid retrieval and dissemination of associated permit, deed, and lease documents. |
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