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 11, 2014 | Asset Life Cycle, Capital Asset Management, Fixed Asset Inventory, Fixed Asset Management, Latest News, RFID, RFID Labels
The first considerations concerning the use of RFID are factors that can impact reliability. A basic RFID system will include am RFID tag and an RFID reader. The tag is comprised of an embedded electronic chip that is used to store information and an antenna that is...
by Verasset | Mar 10, 2014 | Asset Life Cycle, Capital Asset Management, Fixed Asset Inventory, Fixed Asset Management, Latest News, RFID, RFID Labels
If you are considering an automated means to verify and track your fixed assets, RFID (radio frequency identification) might be the right solution for you. In this blog series, we will identify the benefits as well as the potential drawbacks with this technology. To...
by Verasset | Feb 10, 2014 | Asset Life Cycle, Capital Asset Management, Fixed Asset Inventory, Fixed Asset Management, Latest News, Physical Inventory, RFID, RFID Labels
Communication and coordination is a high priority in conducting a physical inventory, as it is with any project involving multiple individuals. Inventory teams navigate and coordinate progress through client facilities using maps. Teams communicate with one another...
by Verasset | Jan 30, 2014 | Asset Life Cycle, Barcode Labels, Capital Asset Management, Fixed Asset Inventory, Latest News, Physical Inventory, RFID, RFID Labels
While it may seem straightforward to establish what types of assets need to be counted during physical inventory, most often, it is not. More often than not, the capitalization limit loses focus when individual assets that fall below the capital limit are bundled...
by Verasset | Jan 23, 2014 | Asset Life Cycle, Barcode Labels, Capital Asset Management, Fixed Asset Inventory, Fixed Asset Management, RFID Labels
Simply put, timing is everything. Clearly, as it relates to availability of information, decision-making can be impacted by availability of information needed to make a decision. In our last blog entry, we left off by discussing the timing of accounts payable being...