Asset management is a unified system for preparation and implementation of management decisions related to organization, use, management and possession of assets in various aspects of company operations. The core objective of asset management is to use assets in a more efficient manner thus increasing revenue through the best trade-off between quantity and quality of assets and to cut costs through optimized use of various resources.

Asset management as a whole can be divided into asset accounting and asset management per se. The former includes data audit, acquisition and consolidation, generation of structured information on assets and asset groups, and keeping this information up to date. Asset accounting and inventory audit result in a register of company assets, which is a unified system for online maintenance of asset and asset title records. Asset management includes control and monitoring current (and forecasting future) asset statuses in the near term (operational) or strategic perspective in line with the goals and objectives of the owner or entity managing the assets.

Asset management tasks are extremely complex in terms of information but can be successfully dealt with if a uniform asset management process is introduced, which is impossible without using state-of-the-art information technologies.

Such technologies include IBS Register, a full-fledged register information technology providing solutions for a wide range of management tasks.

Based on its deep expertise in asset management and its own IBS Register technology, IBS implements complex projects of building organizational and technical asset management systems. In doing so, we draw upon our experience of cooperating with Russia’s largest organizations including the likes of OAO Russian Railways, OAO Gazprom, OAO Lenenergo, Rosenergoatom, RF Ministry of Justice, the Moscow Land Committee and many others.