ORPINGTON, England, May 4, 2010 /PRNewswire/ -- iSOFT Business Solutions, the financial software, procurement and bespoke solutions provider, today announces a partnership with Real Asset Management (RAM), a provider of fixed asset management software and services. The new partnership sees the integration of RAM's complete asset management solution with iSOFT's Integra Open Enterprise suite, providing users with fixed asset management functionality to complement iSOFT's existing accounting module.

iSOFT Business Solutions delivers financial solutions and services across its strong commercial base as well as the public sector, working with the NHS, Central Government, Local Authorities, Housing Associations, Police Authorities and Not for Profit organisations to help improve performance and drive financial efficiency.

As part of a strategy to strengthen its product and service offerings across these sectors, iSOFT Business Solutions has approached RAM to establish a strategic partnership. RAM's comprehensive asset management solution, Series4000, helps organisations develop a centralised asset register which can be used across the Finance, Maintenance/Facilities and IT departments, increasing control, accuracy and transparency.

Commenting on the partnership, Eamonn Morris, Managing Director for iSOFT Business Solutions, comments, Our partnership with RAM adds significant value to our financial management solution. We can now offer a complete accounting solution with a range of fixed asset management functions, providing our customers with a number of options to fit their business model. These include IFRS compliant depreciation, component accounting, SORP compliance, barcode/RFID equipment tracking, planned and breakdown maintenance, as well as web-based fault reporting/helpdesk, work order labour tracking, stores management and comprehensive management reporting.

Mr Morris continues, Our NHS clients will particularly benefit from this new partnership, enabling them to manage the maintenance of all types of assets, including the property estate and medical devices, from a single integrated system.

Karen Conneely, Group Commercial Manager at RAM, comments, Fixed assets represent a significant investment for any organisation and so it is vital that assets, whether capital funded or expensed, are tracked and managed accurately and effectively. With our software integrating with iSOFT's Integra Open Enterprise suite, users are provided with a centralised solution which fulfils all their accounting and maintenance needs, all from a single supplier.

ENDS

iSOFT Business Solutions, part of the iSOFT Group, is a market leader in providing world-class integrated business software solutions to service-centric organisations. With a product and services portfolio of outstanding depth, its offerings extend from eProcurement and bespoke solutions to enterprise-wide financial management solutions, which provide efficiencies across the entire organisation.

iSOFT Business Solutions has a presence in all key markets across the UK, Ireland, Hong Kong and Australia, with infrastructure services extending coverage to over 35 countries worldwide. Leveraging the strengths, innovation and global reach of its parent company, iSOFT Group, iSOFT Business Solutions ensures it meets the needs of its customers, which include large organisations, small and medium enterprises, not-for-profit and public sector organisations.

iSOFT Business Solutions helps its customers achieve results and business objectives by identifying mission-critical issues and implementing innovative and customised solutions that are designed to generate revenue, reduce costs and provide fast access to management information.

With over 30 years' experience, iSOFT Business Solutions' unparalleled ability to successfully deliver improved processes is achieved by understanding its customers' unique needs and providing the capability to deliver automated systems through the use of technology. These systems, which include web access, custom development, workflow, business intelligence and document management, help customers to increase margins and improve cash flow.

iSOFT Business Solutions employs more than 130 professional people, serving over 500 customers including Hartlepool Borough Council, ITN, London Ambulance Service, Medway NHS Foundation Trust, Northern Ireland Office, English Heritage, NEP Shared System Group and UNISON.

Real Asset Management is a leading provider of fixed asset management and logistics software services. Over the last 25 years its products have been implemented by more than 3,000 organisations in over 70 countries.

RAM, one of the leading suppliers to the UK public sector, has successfully implemented software across 1000 Commercial companies, 150 Central Government sites, 200 NHS Trusts, 90 Educational Establishments, 100 Local Authorities and Housing Associations and over 250 MoD sites worldwide.

The company has developed a powerful array of software modules around a central data repository that enables organisations of any size to manage every aspect of the asset lifecycle. Its Series4000 solution offers fixed asset accounting, capital project control, lessee asset accounting, asset budgeting, help desk management, inventory control, asset tracking, maintenance management and capital allowance calculations.

For further information, please contact: Steven Budge iSOFT Business Solutions Tel: +44(0)1462-476800 Karen Conneely Tegan Boaler / Lauren Hayward Real Asset Management The itpr Partnership Tel: +44(0)1689-892100 Tel: +44(0)1932-578800

SOURCE: Real Asset Management

CONTACT: For further information, please contact: Steven Budge, iSOFTBusiness Solutions, Tel: +44(0)1462-476800; Karen Conneely, Real AssetManagement, Tel: +44(0)1689-892100; Tegan Boaler / Lauren Hayward, The itprPartnership, Tel: +44(0)1932-578800