Volkswagen Implements Sage Fixed Assets
With help from the fixed asset management experts at Paragon, the Volkswagen Group of America implements Sage Fixed Assets for better reporting and ease of adding new assets to the system.
Headquartered in Wolfsburg, Germany, the Volkswagen Group is one of the world’s leading automobile manufacturers. With over 100 production plants and 12 distinct automobile brands that sell in 153 countries, managing the company’s fixed assets is no small task.
With the cost of supporting their old fixed assets software climbing, Volkswagen was forced to find a new application after having accumulated upward of 40,000 assets. When Shannon Conley, Senior Tax Manager at Volkswagen, asked some of her friends working at the Big 4 accounting firms for a widely‐used and well‐respected fixed asset management system, they recommended Sage Fixed Assets. That’s when they called upon the fixed asset experts at Paragon.
Due to Volkswagen’s pressing summer deadlines, Paragon got right to work implementing Sage Fixed Assets. “We were up and running in just one month with very little involvement on my part because Paragon knows exactly what they’re doing when it comes to fixed assets,” says Shannon. Using the Sage Fixed Assets Hosting Service from Paragon, Volkswagen was also spared the hassle of purchasing servers and configuring equipment to run their new software. “Hosting with Paragon is easier and more cost‐effective than running the software internally,” explains Shannon. “We don’t have to worry about managing software upgrades or database backups. Those are all done automatically and handled by Paragon.”
According to Shannon, Volkswagen now enjoys better reporting and the process of adding new assets to the system is so much faster and easier. “Sage Fixed Assets does everything we need functionally at just a tiny fraction of the cost of our old software,” she says. “The implementation and data conversion was quick, clean, and accurate. Paragon is responsive, easy to get along with, proactive about bringing new ideas to the table, and really are fixed asset experts. I definitely recommend them.”