Request a Demo
Parts Inventory and Processing
Comprehensive inventory management and parts tracking encompass the entire procurement process from order and receipt through issues including warranty replacements, core tracking/returns, and vendor credits in the accounting system.
Feature Overview:
- Comprehensive parts activity tracking including recording all ordering, receiving, issuing, returning and transferring
- Provides complete accountability and auditability for all transactions within the procurement process
- Ability to display full parts history
- Online ability to generate reorder list by vendor based on usage history
- Perform and track physical inventory in a variety of ways
- Stock reorder analyzes your preferences for high and reorder quantities for each part and creates an order recommendation
- System uses perpetual inventory methodology which allows you to look at a snapshot of your inventory for any given date and time
- FIFO and average cost available for the pricing of individual parts
- Ability to cross-reference different vendor numbers for a given part or find acceptable substitutes for a given part
- See a snapshot of inventory activity including quantities (in-stock, available, and on order), return bins, pricing, markup, last issue and last receipt, and activity over the last 12 month
- Track all charges related to a part such as core, hazard fees, disposal fees, etc.
- Include a picture/thumbnail of a part on the part record allowing for quick visual reference
- Add and track vendor warranty information for part issues
- Ability to scan and print barcode bin labels for inhouse or ‘off-the-box’ part numbers

Accounting and Billing
FASTER Web’s Accounting module includes flexible tracking of all costs and vendors related to assets as well as billable dollars and customer accounts
Feature Overview:
- Full chart of accounts management with budget line item detail
- Asset maintenance and inventory charges can be billed to multiple account numbers at the organizational, department, or asset level
- Track use of purchase cards
- Ability to perform billing adjustments for all cost categories
- Vendor accounts payable and invoicing management including vendor credit processing
- Provides complete accountability and audit ability for all transactions within the procurement process meeting both GAAP (Government Accepted Accounting Practices) and IFRS (International Financial Reporting Standards)
- Financial/ERP web services enable user to choose any finance or ERP package that can then work with FASTER to build a real-time integration to the FASTER database