Tagging assets is a pretty basic concept. Whether it’s one dimensional, 2D, RFID or otherwise, the concept is the same. Affix a label to your equipment, give it a unique identity, make it easier to keep track of the asset. We find that almost all mid-size and larger organizations have some form of asset tagging […]
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Part 3: Fixed Asset Management Policies and Procedures In parts 1 and 2, we discussed conducting the baseline physical inventory and addressed automatic data capture technologies. In this post, we discuss putting it all together with Fixed Asset Management Policies and Procedures. Policies and procedures essentially encompass all aspects of the asset tracking and management […]
Welcome back to our Fixed Asset Inventory Management and Tracking Basics Series. Part 2: Automation and Technology Automation and Technology can be a fairly broad topic. For the purposes of this post, we will address some of the basic and minimum considerations for technology that can help automate asset management processes. Asset Tracking Software – At […]
With the start of a new year comes new initiatives. Priorities are set and budgets are established. Has fixed asset management surfaced as a priority for 2020? If this is something you have not dedicated any time or resources to in the last few years, chances are, it is (or should be). This is a […]
Verasset’s on-the-ground Inventory Services enable your finance team to Reconcile your Fixed Asset Register internally. Verasset provides a wide range of services related to fixed asset management and tracking. Our expertise lies in the areas of taking physical inventory of capital fixed assets and performing book to floor fixed asset reconciliation. From time to time, […]
Happy New Year from Verasset! As we journey into 2018, the Verasset team is pleased to celebrate our 15th successful year in the fixed asset management business. It is not lost on us that our success is attributed to each and every one of our clients. Thank you all for your continued support! Wishing everyone a […]
You’ve determined that it’s time to bring in a professional to conduct an inventory of your fixed assets. The search for a reliable company begins. As you vet the various service providers, you need to make sure you are getting maximum ROI. But how? First off, consider all of the added benefits available to you, […]
With spring approaching and the first quarter coming to an end, Verasset is pleased to announce that we have launched our new website ahead of schedule. The site, initially set to launch in Q2, offers updated content, an improved user interface, and mobile optimization. We are also pleased to release a new promotional video which […]
As the end of the year approaches, many businesses are looking to finish projects that have been lingering. They’ve put them off all year and now need to get them completed. They also need to spend the money before the year is up. This often includes physical inventory and reconciliation of the fixed asset register. If […]