Benefits and Insights

Why use Advantage Fixed Assets?

Key differentiators & advantages of Advantage Fixed Assets

Simplify management of the complete fixed assets lifecycle, from construction and purchase through retirement. Save time and money with automated processes and calculations, including complex computations and transactions for cost segregations, tangible property regulations, and more.

Strengthen controls
Standardize and share fixed assets data and processes across all of your business units and service, with one single, holistic system of record for fixed assets. Maintain strong controls with audit trails, notes capture, log-in reports, reconciliation enhancements, and more. Keep your fixed assets data synchronized, up to date, and accurate for all companies and entities. Integration with accounting, enterprise resource planning (ERP), and tax compliance systems ensures accuracy and efficiencies across departments.

Gain precision
Eliminate discrepancies, minimize errors, and improve accuracy with our expert guidance, up-to-date calculations, and automatic validation and enforcement of tax law and accounting rules. Reduce data entry errors with standardized depreciation policies and built-in templates.

Asset inventory
For mid-sized businesses, Bloomberg Tax Asset Inventory™ helps accurately track furniture, fixtures, IT software and hardware, plant assets, machinery, equipment, tools, and more — from receipt of the asset through retirement.

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