North East Ambulance Service Selects RAM Software Over Oracle Assets

Asset4000 system implemented in £25,000 deal to aid Department of Health reporting

London, United Kingdom, August 09, 2007 --( The North East Ambulance Service (NEAS) NHS Trust which is using Oracle Financials from the North East Patches Consortium, this month ‘goes live’ with Asset4000 software – a flexible fixed asset system catering for all asset types – from Real Asset Management (RAM). The order, valued at £25,000, will provide a comprehensive and integral information system to aid the asset reporting process for the Department of Health and includes installation, configuration, training and data conversion. The Asset4000 software was selected after a rigorous comparison with a number of other products.

Alan Boyes, Financial and Business Planning Accountant of NEAS, commented, “The Asset4000 system will significantly reduce the time spent on our monthly accounting, data reconciliation and error management. Our reports to the Department of Health will be hugely improved in their clarity and accuracy, in turn making us a more efficient part of the NHS Trust.

Operating from its headquarters in Newcastle, the new North East Ambulance Service NHS Trust was formed on 1st July 2006 following the merger of the previous North East Ambulance Service and part of the Teesside, East and North Yorkshire Ambulance Trust. The new service now covers the counties of Northumberland, Tyne and Wear, Durham and Teesside; an area of approximately 3,230 square miles. The trust employs 1750 people and serves a population of 2.6 million.

Prior to using RAM’s Asset4000 software, NEAS often doubted the integrity of the data produced by its previous system. With a vast amount of data consisting of thousands of asset lines, searching the system was extremely cumbersome and often resulted in errors. The implementation of Asset4000 will provide a more reliable system and one where data can be reconciled swiftly, with confidence that it is correct and concise.

The RAM system was first seen by NEAS on a visit to another ambulance Trust where the annual accounts were taking just weeks with Asset4000, compared to several months at the NEAS. Once the system goes live, the NEAS hopes to extend the use of RAM’s Series4000 suite of products for inventory control and project management.

Alan Boyes concluded, “As part of an NHS Trust, we are assigned capital funding by the Department of Health, which needs to be managed in the most effective and efficient way possible. For our own internal management, the system for recording and reporting data must be reliable because it is a fundamental part of our operations.”
Real Asset Management PLC
Nicola Byers
0203 861 7100