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...
by Verasset | Dec 3, 2013 | Fixed Asset Inventory, Latest News, Physical Inventory, RFID, RFID Labels
The objective in tagging items using RFID is two-fold; first, once affixed, using RFID going forward makes future physical inventory counts much faster and easier to complete. When scanning an RFID tag, line of sight is not necessary and multiple tags can be read...
by Verasset | Aug 20, 2013 | Fixed Asset Inventory, Latest News, RFID, RFID Labels
Verasset is proud to announce that it has been awarded an engagement to implement an RFID sensor network. Adam Vinecombe, Director of Services at Verasset, stated “RFID adopters should seek companies with a solid track record of performance. When it comes to...
by Verasset | May 1, 2013 | Asset Reconciliation, Fixed Asset Inventory, Fixed Asset Reconciliation, Latest News, RFID, RFID Labels
Verasset has been awarded multiple projects that will keep our inventory service teams and consultants busy over the next 6 months. A few highlights include; Installation of over 100 fixed RFID readers throughout multiple facilities for Qatar University in Qatar, Doha...
by Verasset | Mar 28, 2013 | Asset Appraisal, Barcode Labels, Fixed Asset Inventory, Latest News, Physical Inventory, RFID, RFID Labels, Sarbanes-Oxley Act
Regulatory Compliance- The number 1 reason we find that our customers need to conduct a physical inventory is regulatory compliance. Compliance issues vary depending on the organization, and can include; audit, Sarbanes Oxley (SOX) compliance for fixed assets, and...
