by Verasset | Jan 7, 2015 | Asset Life Cycle, Asset Recovery, Capital Asset Management, Fixed Asset Depreciation, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Latest News, Physical Inventory
There are many reasons to periodically conduct a physical inventory of assets. One often overlooked benefit is the potential for asset recovery. Asset recovery often leads to identification of idle assets. Idle assets not only cost money, but represent risk. For...
by Verasset | Jan 5, 2015 | Latest News, Uncategorized
As we close out another year and look ahead at 2015, we want to take a moment to appreciate our customers and partners. Verasset has been very busy. As a result, we don’t often stop and take the time to say “thank you“. In 2014, we were fortunate enough to land new...
by Verasset | Oct 21, 2014 | Asset Life Cycle, Asset Reconciliation, Asset Reconciliation Verification, Asset Tags, Asset Tracking, Asset Tracking Software, Asset Tracking System, Barcode Labels, Capital Asset Management, Data Centers, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Physical Inventory, RFID, RFID Labels
Knowing which assets are still actually installed (and running) as well as where they are located is crucial for optimizing efficiency in a data center. IT Asset Management entails detailed management of inventory, financial records, and contractual data related to IT...
by Verasset | Jul 31, 2014 | Asset Life Cycle, Asset Reconciliation, Asset Reconciliation Verification, Capital Asset Management, Fixed Asset Depreciation, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory
Verasset recently completed an in-depth physical inventory and reconciliation project for an automotive dealership. The dealership has been family owned and operated since inception. One of the majority shareholders was looking to sell his shares and get out of the...
by Verasset | Jul 29, 2014 | Asset Life Cycle, Asset Reconciliation, Asset Reconciliation Verification, Capital Asset Management, Fixed Asset Depreciation, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory
Do you have Ghost Assets? If you are like nearly 2/3 of businesses, the answer is, probably. Are ghost assets costing you money? Absolutely. It is estimated that at least 65% of companies have ghost assets listed on their general ledger. Based on 11 years of...
