Bank of Tokyo-Mitsubishi, improve efficiency in Computer Hardware & Software Fixed Asset Management in Hong Kong

Since 1995, Bank of Tokyo-Mitsubishi has adopted the Hardcat Fixed Asset Management solution to manage all their fixed asset items from office desks to multi-million computer servers.

Background
Bank of Tokyo-Mitsubishi, Hong Kong Branch, is the local representative office of The Bank of Tokyo-Mitsubishi, Ltd., Japan which is a wholly-owned subsidiary of Mitsubishi Tokyo Financial Group, Inc., a publicly-owned joint stock corporation incorporated in Japan. With core business focus in commercial banking services, Hong Kong branch offices mainly serving Japanese companies or their branch offices in Hong Kong.

Challenge
Bank of Tokyo-Mitsubishi had no effective means to track and audit their large pool of fixed assets. The manual process was very labour intensive and tedious. The management and auditing of these fixed assets has become a costly task in the corporation.

As a publicly listed bank, a complete and proven solution is needed. A proven system was required with functions to easily audit among varies locations & departments, barcoding & recording all assets.

Solution
Alfacom introduced the Hardcat - Asset Management Solution to Bank of Tokyo-Mitsubishi. Hardcat is a proven fixed asset management solution, It comprises of several software modules that address different fixed asset management needs. The unique and easy-to-use bar-code scanning peripherals dramatically speeds up the auditing process, translating to real cost savings.

The following modules has been adopted:

Core System
A complete standalone system for a total control over the entire asset base. It is a relational asset inventory database which records, manages and reports the complete information concern all assets.

Barcode Auditing Module
Offers a fast, accurate and discreet method to improve labour, time & cost efficient by automated data collection and auditing process

Depreciation & Insurance Module
Automate depreciation & revaluation calculations and generate reports in unlimited user definable ways. Significant cost & time savings on depreciation & revaluation calculations.

Purchasing & Budgeting Module
Automate purchasing and improved budget control detailed by supplier location, cost centre and date; offers comprehensive management control of all order processing of assets, from purchase to final disposal.

Why partner with Alfacom Solutions
Hardcat is a world-class company specializing in the provision of asset management solutions to an international client base of private and public sector organizations since 1981. With experience serving more than 1,000 organization worldwide, the Hardcat discovered a fixed asset management, method that would turn asset auditing into a fast and error-free process. It is a ready and proven solution, where minimum customization is needed with shortest learning curve involved.

Alfacom is the authorized, exclusive distributor of Hardcat. Together, we offer the comprehensive Fixed Asset Management solutions for years. to large corporations and Government in Hong Kong.

Business Benefits
Bank of Tokyo-Mitsubishi, Hong Kong Branch has now a complete picture of all assets under their control. This enabled them to rationalize their asset base and sell off assets not required as well as optimize what remained. The major additional benefit being that the Hardcat software then continued to control all aspects of their assets.

Key Components
> Software component
Hardcat Fixed Asset Management Software -
* Core System
* Barcode Auditing Module
* Depreciation & Insurance Module
* Purchasing & Budgeting Module

> Hardware component
Barcoding Peripherals
* SPT1700 Barcode Reader, cradle, serial cable, power supply & Lithium-ion battery

Service element
* Initial Consultation Services
* Installation, Configuration, Testing and Initial Set-up Consultancy & Training
* Maintenance Support