Quality Austria receives accreditation for ISO 55001 Asset Management

The certification service provider Quality Austria is expanding its accredited product portfolio: Recently, the company with offices in Vienna and Linz received accreditation for the international standard for asset management. The standard ISO 55001 represents an important basis for asset-intensive companies in both the private and the public sector for systematic recording of tangible fixed assets, but also of circulating assets.

Secure fixed asset management

Highly interconnected and cost-intensive organizations in industry, infrastructure, real estate and the service sector cannot avoid professional management of their intangible and tangible assets. For this target group, the standard ISO 55001 was established, which enables performance improvement on the one hand and cost optimization on the other hand through increased return on investment as well as improved value retention on the other hand. The domestic certification service provider Quality Austria was recently certified by Accreditation Austria, which is located in the Federal Ministry of Labour and Economic Affairs (BMAW), as being competent in the asset management standard and was granted the authority to carry out audits in accordance with ISO 55001.

Important component of integrated management systems

Erich Birgmayer, MSc, qualityaustria Network partner and Product Expert Asset Management and Trainings Safety Management, who has set up this standard for Quality Austria ready for accreditation and has already audited it, emphasizes:

After successful completion of the accreditation audits, Quality Austria is now allowed to offer accredited - i.e. internationally recognized - certifications according to ISO 55001. This closes an important gap for customers from industry and infrastructure, as the standard also serves as an interface to other management systems such as ISO 9001, ISO 14001, ISO 45001, ISO 31000 (risk management) and ISO 22301 (business continuity management). The asset management standard not only serves as a basis for management decisions, but also increases transparency and thus improves the basis for trust with stakeholders such as banks or funds.

ISO 55001 is based on the high-level structure, which means that it has the same systematic structure as, for example, ISO 9001, ISO 14001 or ISO 45001. This structure means that ISO 55001 management systems can be integrated very well into existing systems and synergies can be exploited quickly.