by Verasset | Jun 24, 2014 | Asset Reconciliation, Asset Reconciliation Verification, Capital Asset Management, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory
Verasset completes several fixed asset inventory projects bringing the second quarter to a close. A few highlights from this month; Verasset completes a fixed asset inventory and reconciliation project for a Ford Dealership. The scope of work entailed conducting a...
by Verasset | May 7, 2014 | Asset Life Cycle, Capital Asset Management, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, GASB34, Latest News, Physical Inventory
Governmental Accounting Standards Board (GASB) Statement 34, also known as GASB34, is a lengthy regulation related to financial reporting for state and local governments. GASB34 requires that state and local governments file comprehensive annual financial reports. The...
by Verasset | Mar 17, 2014 | Asset Life Cycle, Asset Reconciliation, Capital Asset Management, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory, RFID, RFID Labels
In our last blog post, we discussed the standardized recording of information encoded into the chip of an RFID tag. We will now explore how this information is captured for processing. End users access information encoded into the chip by detecting an RFID tag using...
by Verasset | Mar 14, 2014 | Asset Life Cycle, Capital Asset Management, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory, RFID, RFID Labels
A number of organizations have set standards for RFID, including the International Organization for Standardization (ISO), the International Electrotechnical Commission (IEC), ASTM International, the DASH7 Alliance and EPCglobal. We will focus on the standard...
by Verasset | Mar 12, 2014 | Asset Life Cycle, Capital Asset Management, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory, RFID, RFID Labels
An RFID site survey is a physical survey of the premises where the use of RFID equipment is will be installed and implemented. The survey identifies optimal locations for the physical installation of RFID readers and antennae. When considering the use of RFID...
by Verasset | Mar 7, 2014 | Asset Life Cycle, Capital Asset Management, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory
A common set of benchmarks are used to plot the maturity of an organization’s asset management program. Using benchmarks provides a means to determine the current state of your program based upon the experience of others. Benchmarks also help to set reasonable...