AssetWorks

AssetWorks

April 11, 2011 10:01 ET

AssetWorks Case Study Documents Government Transparency Success at the Wyoming School Facilities Commission

SAN ANTONIO, TEXAS--(Marketwire - April 11, 2011) - AssetWorks, a leading provider of Enterprise Asset Management (EAM) software solutions, today announced the release of a case study documenting the Wyoming School Facility Commission's (SFC) efforts to increase accountability and become financially transparent. The complete case study can be viewed at www.assetworks.com/case-studies/sfc.

The SFC is responsible for prioritizing and funding capital construction and major maintenance projects for all Wyoming K-12 facilities in 48 school districts in a 400 x 400 mile area. Prior to implementing a web-based EAM system, the SFC managed their facilities management and capital project funds in a variety of spreadsheets and nonintegrated databases. This system of accounting made reporting a difficult and time-consuming task. There was just no structure in place to manage funds effectively. Controls over capital project monies did not exist and there was very little documentation on SFC business processes.

In March 2008, the SFC implemented AiM™ by AssetWorks to track and manage physical assets, facilities and public funds. Anyone who visits the SFC website can log into the AiM Enterprise Asset Management database and view financial reports. Project contracts and associated project expenditures, major maintenance and associated expenditures, contract amounts and budgets reports all contain live, real-time data.

AiM not only provides the SFC with a financial solution, it also provides one central repository for all K-12 building condition details, individual school capacity information, and suitability/functionality data for the state of Wyoming. This allows districts and government officials to view and download documents electronically, as needed, at anytime and anywhere they can connect to the Web.

About AssetWorks

AssetWorks is a leading provider of software solutions for infrastructure-intensive organizations in education, government, utilities, communications, and transportation. The AssetWorks suite of Enterprise Asset Management (EAM) software solutions maintain, track, analyze and reduce the cost of maintaining physical assets, including facilities, fleet, fuel, and fixed assets. This asset focus means finding ways to help organizations control costs and uncover new sources of cost savings. AssetWorks is part of the Constellation Software Inc. group of companies which trades on the TSX under the symbol CSU. As a publicly traded corporation, we are subject to valuation by the stock market based on the quality of our work and our resulting financial status. These factors reinforce what has always been our corporate focus – putting quality first to ensure that profitability and growth will follow.

Contact Information

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