Asset Management Excellence
Empowering Infrastructure • Ensuring Compliance • Maximising Value
What is Asset Management?
Asset Management is a strategic and systematic process of planning, acquiring, operating, maintaining, and disposing of physical assets in a cost-effective manner. It ensures that infrastructure and resources deliver optimal value throughout their lifecycle.
“Effective Asset Management transforms infrastructure from a cost centre into a value-generating asset.”
The Importance of a Fixed Asset Register
A Fixed Asset Register (FAR) is the cornerstone of responsible asset stewardship. It provides a centralised, accurate, and up-to-date record of all physical assets owned by an organisation.
Enables precise depreciation, valuation, and audit readiness.
Supports proactive maintenance and lifecycle optimization.
Reduces loss, theft, and duplication through location-based tracking.
Informs capital investment, budgeting, and risk management.
Compliance with Legislation & Standards
Asset Management must align with national and international frameworks to ensure legal integrity, transparency, and global best practice.
- South African Legislation: PFMA, MFMA, GRAP 17
- International Standards: ISO 55000 series (Asset Management), IFRS (Financial Reporting)
- Regulatory Compliance: Ensures safety, environmental responsibility, and service reliability