by Verasset | Nov 6, 2013 | Asset Reconciliation, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory
Most organizations face significant challenges related to tracking the location, quantity, condition, maintenance and the depreciation status of their fixed assets. Typically fixed assets are recorded and maintained in either a spreadsheet or a fixed asset register...
by Verasset | Oct 25, 2013 | Fixed Asset Inventory, Fixed Asset Management, Latest News, Physical Inventory
1. Not Utilizing Technology Performing a physical inventory manually is prone to error and inefficient. Using advanced data capture (ADC) technologies such as bar coding and RFID reduce errors and significantly speed up the process. Mobile data capture tools are...
by Verasset | Oct 23, 2013 | Asset Life Cycle, Asset Reconciliation, Asset Reconciliation Verification, Fixed Asset Depreciation, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory, Sarbanes-Oxley Act
Tracking and managing assets is an important and usually daunting task for an organization, regardless of size. Fixed assets can be defined as property that a firm owns and uses in the production of its income. Examples of fixed assets include, but are not limited to,...
by Verasset | Oct 21, 2013 | Asset Reconciliation, Fixed Asset Inventory, Fixed Asset Register, Latest News, Physical Inventory
Verasset Asset Inventory Outsourcing from...
by Verasset | Oct 16, 2013 | Asset Reconciliation, Fixed Asset Depreciation, Fixed Asset Reconciliation, Latest News, Sarbanes-Oxley Act
When Congress passed the Sarbanes-Oxley Act, it sought to improve corporate governance of public corporations and reduce fraudulent reporting. The Act places new reporting burdens on corporations and imposes penalties for non-compliance. Chief Executives of public...
by Verasset | Oct 15, 2013 | Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory
Verasset provides a specialized value offering that extends beyond simply counting items. We specialize in tracking and managing fixed assets, with a focus on enabling clients to become self-reliant without having to rely on the assistance of external professionals....
