Asset Tag

Implementing a fixed asset inventory solution  is vital for businesses  for many reasons.  A proper accounting of assets can save time and money,  reduce  theft, improve planning  and budgeting, eliminate  “ghost assets” and help an organization recover after a disaster. Many times, however, the importance of tracking and managing  fixed assets is overlooked in an organization.

Yet assets such as land, buildings,  transportation and manufacturing equipment represent  the largest investment  most companies make.

Many companies are unsure of how or where to start in this process,  and the challenge can be daunting.   Establishing the highest standards  of inventory accuracy and best practice  in fixed asset management will pay off in savings and efficiency whether  you are a:-

  • Corporate  accountant managing  fixed assets
  • CFO striving to optimize  business efficiencies and plan capital budgets
  • Government asset manager  complying  with Regulatory standards
  • Nonprofit executives  seeking to gain maximum  leverage from already-strained  resources

Our goal is to help our client learn about  best practice  for fixed assets management and suggest tips for implementing a successful inventory process.

The suggestions will guide you on how to:-

  • Create the asset inventory process
  • Implement  a label and scanning  solution  for tracking of assets
  • Get trained on the system you employ
  • Establish an accurate baseline  of fixed assets
  • Design a “go forward” strategy for maintaining your asset inventory