HundredMS’ Fixed Asset Management Services

Our fixed asset management services help businesses with managing fixed assets. We ensure that your assets are accurately tracked and properly accounted for throughout their lifecycle. 

With a certificate in fixed assets accounting and management, our team brings expert knowledge to safeguard your investments. This service is designed to simplify asset tracking and ensure everything is in order for financial reporting. Let us handle the details so you can focus on growing your business.

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Fixed Asset Management Services

Types of Asset Management

Our fixed asset management program covers various types of assets. These include machinery, buildings, vehicles, and office equipment. We track these assets to ensure they are properly accounted for. The program also helps in planning for future asset needs and disposal. By understanding your assets better, you can make informed decisions for your business.

What Is Fixed Asset Management?

Fixed assets management is the process of tracking and managing long-term assets like buildings or machinery. Unlike fixed income asset managers who focus on investments, this involves overseeing the physical assets a business owns. Proper management ensures assets are used effectively and accounted for in financial records. This helps in making better business decisions and planning for future needs.

Why Fixed Asset Management is Important

Proper fixed asset management helps businesses keep track of valuable resources. Unlike asset management fixed income, which deals with financial investments, this focuses on physical assets. It ensures assets are used wisely, reducing waste and improving overall efficiency. Effective management also helps in accurate financial reporting and planning for future investments. Without it, businesses might face unexpected losses or inefficiencies.

Asset Tracking and Verification

Say goodbye to misplaced or underutilized assets. We utilize state-of-the-art tracking systems that offer real-time data, ensuring you always have a clear picture of your assets' location and status.

Lifecycle Management

From acquisition to disposal, monitor and manage every stage of your asset's lifecycle. Our services provide insights into performance, maintenance schedules, and end-of-life projections, enabling informed decision-making.

Depreciation Calculation and Reporting

Maintain fiscal accuracy with our meticulous depreciation calculations. By adhering to the latest accounting standards, we ensure your financial reports remain precise and compliant.

Regulatory Compliance and Audits

Stay ahead of regulations with our comprehensive compliance solutions. We'll ensure you meet all local and international accounting standards, minimizing risks of non-compliance penalties.

NetSuite Fixed Asset Management

NetSuite fixed asset management helps businesses track and manage their assets within the NetSuite ERP system. This tool simplifies asset tracking, from acquisition to disposal. It also automates depreciation calculations and integrates seamlessly with financial reports.

Using NetSuite fixed asset management ensures that your asset data is accurate and up-to-date. This allows for better financial planning and decision-making, helping your business stay organized and efficient.

The Hundred MS Advantage in Fixed Asset Management

Embark on a partnership with Hundred MS and experience the transformation that a meticulously managed fixed asset portfolio can bring to your organization.

Expert-Led Strategies

Expert-Led Strategies

Backed by a team of industry specialists, our strategies are rooted in years of experience and a profound understanding of diverse business environments.

Cutting-Edge Technology Integration

Cutting-Edge Technology Integration

Harness the power of technology to streamline operations. From RFID tags to cloud-based management platforms, we incorporate the best in technology to simplify and enhance asset management.

Adaptive Solutions for Evolving Needs

Adaptive Solutions for Evolving Needs

In an ever-changing business landscape, flexibility is paramount. Our Fixed Asset Management services are designed to be scalable and adaptable, ensuring they fit your evolving needs like a glove.

Get in Touch

Unlock unparalleled operational efficiency, financial clarity, and regulatory compliance with Hundred MS’s Fixed Asset Management services. Dive into a partnership that transforms how you view and handle your fixed assets. Connect with us today.

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FAQs on Fixed Asset Management with Hundred MS

What is Fixed Asset Management?

Fixed Asset Management refers to the systematic process of tracking, maintaining, and managing an organization’s tangible assets, such as land, buildings, machinery, and equipment. It encompasses aspects like asset acquisition, valuation, depreciation, maintenance schedules, and eventual disposal. An efficient Fixed Asset Management system ensures optimal asset utilization, accurate financial reporting, and adherence to regulatory standards, ultimately enhancing the organization’s financial health and operational efficiency.

What is the minimum cost for a fixed asset?

The minimum cost for a fixed asset can vary depending on the business’s policy. It generally includes any significant purchase meant for long-term use, like machinery or office equipment.

Why is a dedicated Fixed Asset Management system essential?

In today’s competitive business environment, every asset matters. A robust Fixed Asset Management system not only ensures accurate tracking and utilization of assets but also provides insights into performance, maintenance needs, and financial implications, like depreciation. Such a system can significantly improve operational efficiency, financial accuracy, and regulatory compliance.

Is asset management software secure?

Yes, fixed asset management software is designed with security in mind. It protects your asset data using advanced encryption and access controls. This ensures that only authorized users can access sensitive information.

How does Hundred MS’s solution integrate with my current systems?

We pride ourselves on our ability to seamlessly integrate our solutions with a myriad of existing systems. Our team collaborates closely with your IT personnel, ensuring a smooth transition and interoperability with minimal disruptions.

Can Hundred MS assist with asset audits?

Absolutely. Our Fixed Asset Management service includes a comprehensive asset audit component. We employ advanced tools and methodologies to audit your fixed assets, ensuring accuracy in financial reporting and regulatory compliance.



What about asset disposal and end-of-life management?

Our lifecycle management approach encapsulates end-of-life management and asset disposal. We assist in determining the best time and method for asset disposal, considering both financial implications and sustainability practices.

How secure is my asset data with Hundred MS?

Data integrity and security are cornerstones of our services. We employ robust encryption methods, follow stringent data protection protocols, and ensure regular backups, making certain your asset data remains confidential and safeguarded.

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Address

7901 4th St N, St. Petersburg, FL 33702, USA

Phone number

+1 727 625 4373

Services

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Company

Narek Abgaryan
Narek is the CEO and co-founder of Hundred MS. With a dynamic career that spans investment firms, asset management, risk management, and corporate finance, Narek has demonstrated a profound ability to navigate and innovate within the financial sector. His work across various countries and in diverse financial domains reflects a global perspective and an adaptable, forward-thinking approach. He Brings a wealth of knowledge and experience from the worlds of finance and technology. As a distinguished graduate of the University of Oxford and Hult International Business School, Narek has earned a reputation for excellence in the financial domain. His credentials, including the esteemed CFA and FRM certifications, are a testament to his deep understanding and expertise.
CFA, FRM
Narek Abgaryan
CFA, FRM, Fund Manager & CEO
Narek is the CEO of Hundred CJSC. Before embarking upon this position, he accumulated 7+ years of multinational experience including the positions of CEO, Head of Research and Member of the Board at various licensed and regulated investment companies. Narek is a graduate of Hult International Business School, Armenian State University of Economics and is currently pursuing his education at Saïd Business School of the University of Oxford. Narek is a CFA charter holder and a certified FRM.
Our Mission
Our mission is to extend our partner-based, specialized and cost-effective cooperation to our clients to enable them to focus on their long-term strategy and leverage their core competencies around value-creating activities, thereby boosting Armenia’s economic development.
Our Vision
We have a deep conviction that the financial system is the pillar of our civilizations. Economies that are exploding with growth are the ones that adopted modern finance. We aim to reach a reality where access to unconventional finance technics should be within reach of every economic unit. This shall empower everyone to allocate their human and financial capital more purposefully and innovatively for the benefit of a secure, wealthy, and responsible society.
Objectives
In "Hundred" CJSC, we are structuring our goals to revolve around the best interests of our investors and business partners. The basis we build our strategy on is satisfaction of expectations of our Clients, by bringing substantial profits to them through ethical management of investments, assets and portfolios. In the path of achieving the set tasks, we target new financial products adapted to the Client’s needs and offer variety combinations of interdisciplinary innovations. Following our set of values, we see our short-term goal in becoming one of the leading players in the domestic market, pursuing the long-term ambitious goal of integration into regional and global financial markets.
Corporate Values
We believe that earning the trust of each Client cements the next layer of the foundation of the Company’s reputation. Financial relations are built on trust; thus, our reputation is the heart of our business. Our allocentric approach to dealing with clients ensures that we always put their interests first. We do our utmost to make sure that our decisions are utterly disconnected from the greed when it comes to rendering our services. Promulgating ethics and adhering to the highest professional standards are the bedrocks of our corporate values.
  • Are your financial records more puzzling than they should be?
  • Has the audit process become a recurring nightmare for your firm?
  • Do important financial decisions stall due to unclear or absent financial reports?
  • Are high operational costs without clear returns keeping you awake at night?
  • Is hiring and maintaining a full-fledged financial team putting a strain on your resources?
  • Are you in the dark about your company's true valuation and need clarity?
  • Is the challenge of cleaning up your accounting books holding your business back?
  • Are outdated systems causing inefficiencies, prompting the need for an ERP implementation?
  • Have you identified the need for a robust risk management strategy but don't know where to start?
  • Are you looking for a one-stop firm that can handle everything from corporate strategy to asset management?
Are You Ready to Transform Your Businesses’ Financial Landscape?
Are You Ready to Transform Your Businesses’ Financial Landscape?
  • Are your financial records more puzzling than they should be?
  • Has the audit process become a recurring nightmare for your firm?
  • Do important financial decisions stall due to unclear or absent financial reports?
  • Are high operational costs without clear returns keeping you awake at night?
  • Is hiring and maintaining a full-fledged financial team putting a strain on your resources?
  • Are you in the dark about your company's true valuation and need clarity?
  • Is the challenge of cleaning up your accounting books holding your business back?
  • Are outdated systems causing inefficiencies, prompting the need for an ERP implementation?
  • Have you identified the need for a robust risk management strategy but don't know where to start?
  • Are you looking for a one-stop firm that can handle everything from corporate strategy to asset management?
Levon Garibyan
Levon, the co-founder and Business Development Director of Hundred MS, brings over a decade of international experience to his role. His career spans managing private firms with diverse business profiles across the UK, UAE, and Russian Federation. Levon has not only excelled in steering these companies towards growth but has also specialized in business development strategy and fundraising. His expertise in these areas has significantly contributed to the expansion and success of these firms. Levon's academic background is equally impressive, having studied at Cranfield University School of Management and Moscow State University of International Affairs (MGIMO), where he honed his skills in business management and international affairs.
Levon Garibyan
Levon is the Business Development Director and Strategy Specialist of the company. He acquired international experience of more than 10 years, managing private firms with various business profiles in UK, UAE and Russian Federation. Levon studied in Cranfield University School of Management and Moscow State University of International Affairs (MGIMO).
Business Development, Strategy & Fundraising
David Tarkhanyan
David is the co-founder of Hundred MS and the CEO of Hundred MS GmbH. His track record in delivering innovative financial solutions and driving performance improvement initiatives showcases his ability to lead complex projects and navigate the intricate world of finance. David's breadth of experience has equipped him with the unique ability to understand and address the multifaceted challenges businesses face today. His exceptional qualifications, marked by the CFA and FRM certifications, reflect his deep commitment to financial mastery and strategic insight. David's career is characterized by a wide-ranging experience in investment banking, performance management, controlling, and reporting, among other critical financial domains.
David Tarkhanyan
David Tarkhanyan
David Tarkhanyan
Financial Controlling Investment Banking
David is the co-founder of Hundred MS. He is a Banking specialist with a focus on Financial Controlling, Planning, and Performance Management. His experience extends more than 10 years in various investment banks in Vienna and Frankfurt. David studied Physics at Bauman University and Industrial Engineering at the American University of Armenia.