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 […]
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 […]
Verasset wraps up a busy first quarter completing inventory projects for a diverse customer base. Highlights include completion of: Wall-to-wall physical inventory and asset tagging of medical devices and IT equipment throughout over 350 urgent care clinics and administrative offices in 38 states. Verasset deployed 7 teams across the nation and completed the project in […]
Walk-in urgent care clinics are a convenient and time efficient means of getting the health care you need. Between a lack of available primary care appointments and lengthy ER visits, urgent care clinics are in demand. The ability to walk into a clinic with no appointment and see a doctor (often within less than half […]
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 example, idle assets are likely not to be missed if they are stolen, whereas […]
IT Asset Management entails detailed management of inventory, financial records, and contractual data related to the IT asset throughout its life cycle. IT Asset Management is a very complex topic. In this post, we will focus on IT Asset Management in the data center, specifically related to physical inventory verification. Verasset routinely performs physical inventory verification […]
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 family business. This was a complex negotiation they were looking to resolve quickly. A major […]
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 performing fixed asset reconciliation projects, we believe this number […]