Four Reasons Why ERPs Can’t Effectively Manage the Life Cycle Information of Physical Assets

Enterprise Asset Management -- the Platform

There is this big myth that the ERP systems, including Oracle, SAP, Costpoint (from Deltek), NAV (from Microsoft), can manage the life cycle information of physical assets. It is a myth because it is only perceived to be true. ERP systems are deployed in many businesses and government agencies. If they can effectively manage the […]

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Finally, We See the Hope of Improving Public Transport Systems

In the past few years, the residents in the Washington DC area have seen the declining public transportation services, particularly our metro rail systems. We all know it’s because of lack of repair and maintenance on the buses and trains. Well, I am glad that the Federal Transit Administration has finally made a decision to […]

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Challenges in Managing Physical Assets for Educational Institutions

It’s September. We are back to school, and the administrative staff (Finance, IT, Ops) are breathing a sign of relief, after a busy summer of new system implementations and upgrades. During this summer, we have been helping our school district clients to transition to an automatic system to manage their physical and IT assets. While […]

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Timing for Disclosing Self-Assessment on Government Property Management system – DCMA guidelines

Manage equipment to meet CFR requirements

For government contractors doing business with DoD, maintaining a Government Property Management business system is part of the requirements. Government Property Management business system is one of the 6 business systems. According to the DoD business system rule, failure to meet the business system requirements can result in payment withholding. As part of the requirement,   […]

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