FIXED ASSET
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INVENTORY SERVICES
Physical inventory, FAR verification, asset appraisals, consulting, asset management systems, barcode systems, radio frequency identification technology
Fixed Asset Diagnostic Review - As an important first step, we conduct a diagnostic study of existing fixed asset records such as registers and ledgers. As a result, we are able to identify areas needing improvement and where to place emphasis during the physical verification stage.
Fixed Asset Inventory - Conducting periodic physical verification of fixed assets is an essential internal control. The inventory team should be independent and not have a vested interest in the results. The physical inventory should be completed quickly to minimize asset movement.
Fixed Asset Reconciliation - Our approach to verification is to conduct a line-by-line reconciliation of fixed assets accounting records to assets found during the physical inventory taking process. The service is designed to help organizations comply with Sarbanes-Oxley (SOX), GASB, and Audit requirements.
Asset Life Cycle Consulting - Conducting an objective review of a client’s fixed asset business practices, including procedures and record-keeping methods, helps to uncover hidden deficiencies within their asset life cycle.
Verasset Corporation is a global leader in full life cycle fixed asset management solutions. We integrate professional fixed asset inventory services, cutting edge software systems, and work with industry leading manufacturers to simplify automating the tracking and managing of fixed assets throughout their lifespan.
Verasset was the services arm for an asset management firm specializing in asset tracking software systems, incorporating cutting edge technology such as GPS, biometrics, and radio frequency identification (RFID), initially founded in 1994.
Now a separate legal entity since 2003, Verasset continues to offer the same reliable professional services as most of the management, and service teams made the seamless transition to the new ownership.
Verasset is a small business with offices located in Manchester, NH, Wilmington, NC and Seattle, WA.
Data center IT inventory services help to improve efficiencies & reduce IT costs with an up-to-date inventory of your data center environment. Locate idle assets, ensure proper retirement & disposal of end of life assets
More infoUpdate asset management and help desk system records, improve the efficiency and response time for your IT support team, improve efficiency and reduce redundant purchases with Verasset’s IT inventory services
More infoSecure patient health information, ensure patient privacy, maintain compliance with regulatory and internal policies, locate critical assets when they’re needed most with Verasset’s medical inventory services
More infoVerasset inventory teams hold government clearance and various multi-year contracts that assist with improved IT support and GASB compliance issues for Federal, State, and Local Governments
More infoVerasset works with K-12, higher education, and various state funded programs to assist with GASB compliance issues and improved IT support
More infoVerasset has extensive experience in fixed asset inventory and reconciliation of manufacturing equipment, components, tooling, vehicles, furniture and fixtures and more
More infoWe respect your privacy. We will never sell, rent, or share your information with any third party.