What is asset management?
Asset management in housing refers to the strategic process of maintaining, monitoring and optimising housing stock and related assets. It ensures properties remain safe, compliant and cost-effective throughout their lifecycle, supporting long-term sustainability and value for money.
Benefits of asset management:
- Improved compliance: Ensures properties meet regulatory and safety standards.
- Cost efficiency: Reduces reactive repairs by enabling planned maintenance.
- Data-driven decisions: Provides insights for investment, disposal or redevelopment strategies.
Use cases:
- Lifecycle planning: Forecasting maintenance and replacement schedules for housing assets.
- Risk management: Identifying and mitigating risks related to property condition or compliance.
- Sustainability initiatives: Tracking energy performance and planning upgrades to meet net-zero targets.
Key components:
- Lifecycle management: Manage the entire lifecycle of assets and components within your housing stock.
- Asset data management: Store essential details such as type, make, serial number, warranties and maintenance responsibilities.
- Component tree: Visualise all components for a property in one place for easier planning and forecasting.
- Custom asset modelling: Create custom models for assets with 30-year forecasting capabilities.
- Integrated communications: Centralise all interactions, including emails, calls and letters, for easy retrieval and reporting.
- Reporting and dashboards: Access real-time dashboards and trend analysis for informed decision-making.
The BRIK Housing Asset Management Module is purpose-built for housing associations to keep homes safe, compliant, and sustainable. Fully integrated with Microsoft Dynamics 365 and the Power Platform, it connects seamlessly with other BRIK modules such as Repairs, Planned Maintenance and Compliance. By centralising asset data, automating workflows and providing real-time insights, the module helps housing providers mitigate risk, plan for future replacements and streamline regulatory reporting – delivering a more efficient and proactive approach to asset management.
