Wrexham County Borough Council Controls £1.1 Billion Worth of Assets with Specialist Capital Accounting Software

Posted on Sep 6 2020 - 10:24am by Newsfeed

(Source:CISION PR Newswire)LONDON, Sept. 3, 2020 /PRNewswire/ — North Wales-based local authority, Wrexham County Borough Council, is using capital accounting software from Real Asset Management (RAM), an MRI Software Company to manage and track its 3,500+ assets worth more than £1 billion. The solution provides the Council with the detailed functionality required for IFRS compliance, as well as creating a robust audit trail and increasing back-office efficiencies.

With a cash limited budget of £250 million and approximately 6,000 employees, the Council provides Wrexham and its surrounding areas with advice and services on such things as housing, social care and education, and serves a population of approximately 135,000 people.