Fixed Asset Inventory and Disaster Recovery

Insuring your fixed assets is useless if you aren’t prepared to substantiate your cliams when your worst nightmares come true.  Does your recovery plan include YOUR valuable fixed assets?

Del Papa Distributing is celebrating 100 years distributing fine beer and beverages across 17 counties in Texas. The company sells more than 10 million cases each year from three distribution centers and employs more than 340 individuals. To ensure its numerous assets are efficiently tracked and accurately accounted for, Del Papa Distributing relies on Sage FAS Fixed Assets software and Paragon Systems. Recently, the company sought to better control its assets through a barcode system, and contacted Paragon Systems, a Sage business partner specializing in the implementation of asset management and asset inventory applications.

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“We have a large number of assets throughout the company and tracking them by barcode makes good business sense,” says Crystal Bryan, director of accounting services for Del Papa Distributing.

“Barcoding speeds the count of assets and the simple presence of an asset tag on a piece of equipment lets people know an asset is being tracked,” Bryan explains. “We looked at several other asset tracking systems, but selected FAS Asset Inventory for its capabilities and also because it integrates with our existing asset accounting software. The integration helps us to maximize our overall investment in technology.

How did we (Paragon Systems) help Del Papa get back on track?  What should you be thinking of?  Read the full article…. Fixed Asset Inventory and Disaster Recovery

Beverage Distributors Benefit from Fixed Asset Management

Paragon Systems teams with Dresser & Associates to help wholesale beverage distributors gain control of fixed assets, HR and payroll costs.

Chicago, IL and Scarborough, ME – MAY 18, 2010 – Two leading Sage Business Partners, Paragon Systems and Dresser & Associates, have formed a strategic alliance focused on the fixed asset, payroll, and human resource management needs of wholesale beverage distributors. Paragon Systems (www.FixedAssetExperts.com), a Sage FAS software provider, helps companies reduce tax liability and increase cash flow through effective fixed asset management. Dresser & Associates (http://www.dresserassociates.com/), a Sage Abra HRMS provider, provides human resource (HR) and payroll management systems that improve workforce productivity. By working together, the Sage Authorized Partners will combine complementary resources, technology, and industry experience to provide wholesale beverage distributors with greater control of their businesses and a significant reduction in operating costs.

Angie Bolton-Lyons of Paragon Systems explains that both firms share a client focused philosophy as well as extensive experience with wholesale beverage distributors. “Our clients tell us they feel confident working with Paragon and Dresser because they don’t have to explain how the beverage industry works – we speak their language and are like an extension of their staff. That experience provides us with tremendous momentum in helping our clients to cut costs and improve financial control in a short period of time.”

Jeff Byrnes of Dresser & Associates notes that beverage distributors often outsource HR, payroll and fixed asset management without giving it a second thought. “Our clients are rethinking that strategy once they discover all the hidden costs of outsourcing. By bringing fixed asset, HR, and payroll management in-house, beverage distributors are seeing enormous cost savings for so many things – property taxes, insurance, payroll, administrative overhead, and regulatory compliance.” Byrnes adds, “Once we’re able to sit down with a beverage distributor and calculate the return on investment, it’s an easy decision for them.”

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