Beca Group is one of Asia Pacific’s largest independent advisory, design and engineering consultancies. The company has more than 3,300 staff working across 21 offices around the globe. AssetAccountant™ now manages ALL of their fixed asset depreciation.
Assets now managed by AssetAccountant™
Countries in Asia Pacific
Working hours saved running depreciation journals – per annum
With non-cloud based system
Inaccuracy of depreciation data
Data not user-friendly - required reformatting
Access for international team difficult and clunky
Month end processing & reporting is now very smooth
Very fast journal preparation
Easy data exports to Excel for detailed analysis
Advanced search & navigation abilities
Beca's overall cost of processing assets lowered by outsourcing to low-cost jurisdiction
It’s amazing we calculated this year’s depreciation in just a matter of minutes!Veenith Singh, Group Finance Operations Manager – Beca Group
AssetAccountant™ is easy to use. The international team quickly learned how to use all of the software’s functionalities.
Ability to swap between accounting and tax depreciation for journal entries is quick and simple.
Excel download of any view of the FAR for any period (past/present/future) is very useful.
Excel download of journal data is a simple and very effective feature.
Able to delegate to lower cost jurisdiction.
Ability to delete journals – This avoids management of multiple historical versions.
Asset editing is VERY easy.
Easy to use asset search function.
Ability to add Profit Centres (Classifications) in journaling avoids maintaining separate databases to then do a look up.
Excel report outputs are formatted to easily run Pivot Tables from data if required.
Calculations are precise! (no more incorrect negative values).
Easy to add opening balances for individual assets.
A quick implementation with some large and sometimes difficult registers.
Reporting is VERY user friendly.
The AssetAccountant™ support team responds quickly.
Processing times have halved.
About Beca Group
Beca Group is one of Asia Pacific’s largest independent advisory, design and engineering consultancies. After a century of operation, they have grown from a family-owned business in New Zealand, to one of the most progressive, client-centric professional services consultancies in the Asia Pacific. They have more than 3,300 employees in 21 offices around the world and have delivered projects in more than 70 countries.
We create, design and optimise assets and infrastructure to make everyday better for our clients and communities.
Administrative time managing Beca Group’s fixed asset registers halved after implementation.
Further time reductions are anticipated as teams become more familiar with, then further refine new processes.
AssetAccountant™ is free to use for up to 10 assets