In today’s fast-evolving technological era, effective management of your fixed assets is not only about compliance; it is also a strategic need. From machines to IT tools to buildings, these assets have immense worth and impact financial decisions. Sage Fixed Assets is a useful tool that helps in asset management. It becomes even more helpful when hosted on the cloud.

Mid-sized and large organizations are rapidly adopting Sage Fixed Assets cloud hosting due to its ability to keep them connected and in control. Also, it cuts down the IT infrastructure maintenance cost and supports a remote work culture and digital processes.

So, let’s investigate Sage Fixed Assets, why cloud hosting is important, and how companies might quickly implement cloud infrastructure for better asset control.

What is Sage Fixed Assets?

Sage Fixed Assets is software designed to manage fixed assets, including real estate, machinery, tools, equipment, etc. It assists organizations in tracking and optimizing their fixed assets.

Some of its features are:

• Robust depreciation management: Automates calculations that cover 300,000 IRS and GAAP rules.

• Easily Track Assets: Its comprehensible reports make tracking and accounting for assets easier and simpler for any organization.

Modules

It has four modules: planning, depreciation, tracking, and reporting. They help manage every stage of fixed assets’ life, from buying to moving to disposing. These are:

Planning: It helps in capital budgeting and managing construction in progress.

Reporting: Provides accurate reports on asset value, depreciation, and financial forecasts.

Depreciation: It helps automate depreciation calculations in compliance with the Internal Revenue Service (IRS) and Generally Accepted Accounting Principles (GAAP), encompassing 300,000+ regulatory guidelines.

Tracking: It offers various tools like mobile apps or barcode scanners for fixed asset tracking and accounting, helping organizations streamline inventory management across the organization.

Why is Cloud Hosting for Sage Fixed Assets Important?

Anytime, Anywhere Access: With cloud hosting, you can access your fixed asset data from anywhere on any device. This capability is what remote teams, traveling executives, and companies with multiple offices rely on for seamless work.

Furthermore, Sage Fixed Assets has joined hands with WebHouse to provide a safe, secure, and reliable cloud hosting solution.

Security: Sage Fixed Assets cloud hosting, by Ace Cloud Hosting, uses high-end security measures such as multi-factor authentication, intrusion detection, data encryption, and secure data centers. All information is encrypted in transit and at rest, ensuring end-to-end protection. This level of security is often difficult for small and mid-sized companies to achieve on their premises.

Automatic Backup and Updates: One of the key features of cloud-hosted systems is automatic backups and regular system upgrades. Hardware failure would not cause you any concern about missing software patches or losing years of asset history.

Cost Saving: If you want to reduce the expenses on upgrades, IT support, or hardware maintenance, Sage Fixed Assets cloud hosting provides predictable monthly expenses and operational efficiency.

Real-World Implementation: Sage Fixed with Cloud Hosting

Let’s find out how cloud-hosted Sage Fixed Assets empowers different industries:

Manufacturing: The manufacturing industry has hundreds of tools and machines spread across the plant. They use asset tracking and depreciation modules to guarantee proper accounting and insurance coverage.

Education: Universities manage real estate, lab supplies, and campus equipment in various locations. Cloud hosting enables finance teams and asset managers to work effortlessly together.

Construction: For construction companies, capital projects have evolving budgets and asset reallocation. From job sites or offices, the Planning Module, together with cloud access, enables stakeholders to make real-time choices.

Healthcare: Hospitals and clinics handle delicate tools and want

HIPAA-compliant solutions. Cloud hosting empowers them by offering simple audits and data security.

A Strategic Move

Choosing Sage Fixed Assets cloud hosting is a strategic action; it is not just an IT improvement. You cut manual procedures, enhance financial compliance, and improve your capacity for better decision-making.

Whether your company is updating legacy systems or is a mid-sized corporation with growing operations, cloud hosting closes the distance between powerful software and modern access.

Moving Sage Fixed Assets to the Cloud: How to do it?

Here is a comprehensive walk-through:

1. Assess Your Requirements: Identify the number of users who need access, integration needs with ERP or accounting systems, and any compliance or security requirements.

2.   Select the Right Hosting Provider:

Select a provider that specializes in Sage hosting and offers 24/7 support, data encryption, multi-user access, and compliance with relevant regulations.

• Backup Data: Create a complete backup of your current asset management system to protect against data loss during the transition or in the event of hardware failure.

• Migrate and evaluate: Your hosting provider will assist in moving your Sage Fixed Assets data, program tools, and software. Post-migration, conduct thorough testing to verify data integrity and application functionality.

• Train Your Team: Arrange training for your operations, finance, and IT personnel on how to access and use the hosted platform, even if it has a simple and user-friendly interface.

Have you moved your Sage Fixed Assets to the cloud?

Cloud hosting for Sage Fixed Assets is not just a trend; it is a necessity for organizations that want to stay competitive. It provides real-time data access, enabling informed decisions as your operations expand over time. Moving to the

cloud also eliminates the need for expensive servers, routine maintenance, and on-site tech support, ensuring compliance.

Thus, this enhances asset management by improving reporting, tracking, and collaboration across various departments.

Ace Cloud Hosting provides enterprise-grade security with end-to-end encryption, regular backups, and continuous monitoring, protecting your data from loss or cyber threats. Book a free consultation or start our 7-day trial today!