Compare Fixed Asset Tracking and FMIS Fixed Assets - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - Fixed Asset Tracking or FMIS Fixed Assets?

Fixed Asset Tracking is more expensive to implement (TCO) than FMIS Fixed Assets, and FMIS Fixed Assets is rated higher (75/100) than Fixed Asset Tracking (71/100). Fixed Asset Tracking offers users more features (3) than FMIS Fixed Assets (0).

Looking for the right Fixed Asset Accounting solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

RedBeam Vs. FMIS

RedBeam: RedBeam, Inc. is a leading provider of complete barcode-based software solutions with one objective – to make it as easy as possible for you to do business with RedBeam. With decades of experience in barcode technology, the designers of the RedBeam product line have a product offering that is intuitive, affordable, and complete. Intuitive – With o...

FMIS: Financial and Management Information Systems Ltd, FMIS, specialises in enterprise asset management and order processing software which can be used in any country, industry or size of organisation and on most hardware platforms and databases. Since 1986, FMIS has established a reputable worldwide client base in over 40 countries.

Who is more expensive? Fixed Asset Tracking or FMIS Fixed Assets?

The real total cost of ownership (TCO) of Fixed Asset Accounting software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Fixed Asset Tracking and FMIS Fixed Assets.

Fixed Asset Tracking price starts at $995 per user/year , On a scale between 1 to 10 Fixed Asset Tracking Software is rated 4, which is lower than the average cost of Fixed Asset Accounting software. FMIS Fixed Assets price starts at $6,000 per license , When comparing FMIS Fixed Assets to its competitors, the software is rated 2 - much lower than the average Fixed Asset Accounting software cost.

Bottom line: Fixed Asset Tracking is more expensive than FMIS Fixed Assets.

Which software includes more/better features?

We've compared Fixed Asset Tracking Vs. FMIS Fixed Assets based on some of the most important and required Fixed Asset Accounting features.

Fixed Asset Tracking: Data Import/Export, Basic Reports, Online Customer Support.

FMIS Fixed Assets: We are still working to collect the list of features for FMIS Fixed Assets.

Target customer size

Fixed Asset Tracking's typical customers include: Small, medium and large size businesses, The software is a viable solution for businesses of all sizes and a wide range of types.