September 23, 2005—With approximately one million square feet of space and more than 2,000 employees, AIM Investments needed an accurate inventory of its fixed assets down to the room level. Today, AIM uses ARCHIBUS/FMs Total Infrastructure and Facilities Management (TIFM) solution to track over 95,000 fixed assets, including details such as description, standard, photo, category, building/floor/room, purchase price, date of purchase, manufacturer, warranty information, catalog number, and more, says ARCHIBUS.
Significant tax write-offs are also possible now thanks to the accurate, defensible records AIM keeps. In one recent year, the company was able to account for $2 million worth of disposed assets, which had been donated, sold, or brought to the salvage yard. In previous years, the value of these assets had been unknown, notes ARCHIBUS.
In addition to tracking fixed assets, AIM also tracks space occupancy across its facilities. Vacancy reports are sent to the executive committee on a monthly basis, based on the information in ARCHIBUS/FM. During a period of downsizing, the company was able to consolidate staff from two buildings into one, reducing its leased space by 80,000 square feet.
For more information, contact ARCHIBUS/FM as well as see their ad on FMLink.
