ABS Information Systems (Pvt) Ltd one of leading software companies in Sri Lanka announced recently the unveiling of 2012 edition of “AZZETZ” fully fledged Fixed Asset Management software that has been specifically designed to assist organizations to account for and manage fixed assets. Keeping in view the requirements of Sri Lankan business legislations and accounting standards, “AZZETZ” was designed as a simple, flexible and user friendly application software.

Maintaining the data relating to assets, its locations, servicing and depreciation accounting has become very necessary in view of substantial amount of funds being employed in the Company's fixed assets and its maintenance. Thus increasing automation makes planning and monitoring of fixed assets for external and internal accounting purposes even more important. In addition to pure accounting and balance sheet preparation, there are extensive requirements for controlling and maintenance monitoring. Furthermore, one must be able to determine easily and precisely the even more complex requirements of asset and depreciation accounting both at books and tax levels and also for different periods.

“AZZETZ” 2012 edition fixed asset management software provides a total control on all fixed assets related transactions and helps to generate a range of MIS reports that are useful in decision making and satisfying compliance requirements. With this new release, “AZZETZ” Fixed Assets Management software introduces new features and enhanced functionalities including Multi company, Multi currency, Advanced assets movement management, Data importing from Excel, etc.

“In our experience, most businesses are still managing their fixed assets manually which is a tedious task. As a result the decision makers of these businesses may not be able to find timely and accurate information thus making assumption based decisions which are prone to error. We are confident that “AZZETZ” Fixed Assets Management software can play a very vital role and will definitely be helpful in managing assets” said Mr. Ranil Perera, Chief Executive Officer of ABS.

Unlike spreadsheets, users will never have to spend hours combining, merging, and manipulating data to create comprehensive reports. “AZZETZ” Fixed Assets Management software offers the most comprehensive fixed asset reporting capabilities available on the market today allowing users to quickly generate the reports that matter to most stakeholders.

ABS Information Systems (Pvt) Ltd ensures successful and efficient implementation of software by offering the optimum level of training to user with experienced consulting and technical support team. We are committed to support our customers with high quality training services and we do this through dedicated training sessions. Building on extensive domain knowledge and continuous investment in leading edge technologies along with continuous involvement of clients experience and feedback ABS has achieved one of the best practical software solutions for fixed assets management system.

“We believe that all accounting and auditing professionals will love this solution in no time. There is no doubt that “AZZETZ” will be hit in the local software market and will soon become the most popular fixed assets management software in the Sri Lankan market” said Mr. Prasad Wijesuriya, Head of Sales & Marketing of ABS Information Systems (Pvt) Ltd.

The partial list of clients disclosed by ABS includes many prestigious companies such as Hotel Clarion, Penguin Sportswear, CL Synergy, Madison Maidens Lanka (Pvt) Ltd, Lanka Hospitals Corporation PLC, etc.

About ABS Information Systems (Pvt) Ltd

We are a company engaged in the business of providing total software solutions that enhance simplicity at work of our clients. ABS Information Systems (Pvt) Ltd (formerly Advanced Business Solutions (Pvt) Ltd) was established in the year 1999 and has achieved a significant growth during the past 12 years.

We operate as the Authorized Master Channel Partner for “Tally” Accounting and Inventory Management System. We also serve as the sales and solution partner for “Axpert 5th Gear ERP” of Agile Labs, Bangalore and “Adrenaline” Human Capital Alignment software of Adrenaline eSystems Ltd, Chennai. We provide state-of-the art total solutions with extended support services to our customers. Presently there are over one thousand customers in Sri Lanka who are using our solutions to leverage their businesses.

Apart from marketing off-the-shelf software solutions, at ABS we help companies to become a winning organization by streamlining their essential internal processes through providing customized vertical software solutions. It is our business to understand organizational strategies and processes and determine how information systems can enhance productivity. Some of the solutions we have provided are Payroll and Attendance Management, Freight Management, Customs Duty Calculation, etc.

ABS Information Systems (Pvt) Ltd is an active member of Sri Lanka’s unified umbrella IT industry association Federation of Information Technology Industry Sri Lanka (FITIS) and its software chapter Sri Lanka Association for the Software Industries (SLASI). For more information, visit www.abs.lk.