An Asset Register is a database that contains a comprehensive list of all the assets owned and maintained by an Aged Care provider or Retirement Village operator. The asset register includes the asset’s description, location, condition, purchase date, purchase price, and other relevant information. The asset register can then be set up in a computerised maintenance management system (CMMS) to allow maintenance works to be proactively scheduled for each asset, and reactive requests raised and resolved. Over time the data builds up in the system so that you have a complete history and can extract valuable data to improve asset management including life-cycling and replacement planning, track costs, improve budgeting and reduce breakdowns.