by Verasset | Jun 3, 2024 | Asset Tracking, Fixed Asset Management, RFID, RFID Labels
As businesses continue to grow and diversify, the challenge of managing physical assets efficiently becomes increasingly complex. Fortunately, advancements in technology offer innovative solutions to address these challenges. In this blog post, we’ll explore the...
by Verasset | Feb 17, 2022 | Asset Life Cycle, Asset Tracking, Asset Tracking System, Capital Asset Management, Fixed Asset Management, Healthcare
Part 3: Fixed Asset Management Policies and Procedures In parts 1 and 2, we discussed conducting the baseline physical inventory of fixed assets and and addressed automatic data capture technologies. In this post, we will discuss (at a high level) putting it all...
by Verasset | Feb 17, 2022 | Asset Life Cycle, Capital Asset Management, Fixed Asset Inventory, Fixed Asset Management, RFID, RFID Labels, Uncategorized
Welcome back to our Fixed Asset Inventory Management and Tracking Basics Series. Part 2: Asset Tracking – Automation and Technology Fixed asset tracking automation and technology can be a fairly broad topic. For the purposes of this post, we will address some...
by Verasset | Feb 17, 2022 | Asset Life Cycle, Fixed Asset Inventory, Fixed Asset Management, Physical Inventory, Uncategorized
With the start of a new year comes new initiatives. Priorities are set and budgets are established. Has asset tracking surfaced as a priority? If this is something you have not dedicated any time or resources to in the last few years, chances are, it is (or should...
by Verasset | Feb 17, 2022 | Asset Life Cycle, Barcode Labels, Fixed Asset Inventory, Fixed Asset Management, RFID Labels, Uncategorized
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...
by Verasset | Jan 28, 2022 | Asset Life Cycle, Capital Asset Management, Fixed Asset Depreciation, Fixed Asset Inventory, Fixed Asset Management, Uncategorized
Annual auditing of financial statements offers financial transparency and accountability for nonprofit organizations. While not all nonprofit organizations are required to conduct an independent financial audit, many are. Those that are not should still strongly...