Fixed Asset Inventory Services

 

Verasset performs professional fixed asset inventory services for organizations of all sizes across a wide range of industries.

Our teams of professional Fixed Asset Inventory Specialists travel worldwide to client facilities to physically inspect and record up-to-date information related to fixed assets. During physical inventory, our teams can affix barcode labels or RFID tags to your fixed assets. We routinely perform floor-to-book reconciliation services in conjunction with our asset inventory services.

Large projects span thousands of worldwide locations and hundreds of thousands of assets. Small projects cover hundreds of assets at a single location. We service large, small, and everything in between. Combining precision planning and advanced technology, with experienced professionals, Verasset can quickly and accurately obtain comprehensive, up-to-date fixed asset inventory data by conducting onsite physical inventory services in any industry.

Verasset’s best in class methods and use of state-of-art technologies enable our inventory specialists to complete highly accurate physical inventory counts with little to no disruption to your normal daily business operations.

Our fixed asset physical inventory services include:

  • A baseline wall to wall fixed asset inventory for initial database population. Verasset can use this information to perform Asset Appraisals as well.
  • Physical inventory and comprehensive asset reconciliation of existing data sources, such as financial ledgers (SAP, Oracle, PeopleSoft, etc.) and operational databases
  • Asset tagging with barcode, passive RFID, or combination smart labels
  • Customized electronic data collection, specifically tailored to each client as well as asset type
  • Customer defined electronic file format and reporting of asset inventory results
  • Trained professionals with experience in diverse environments
  • Guaranteed accuracy

Watch a one minute video on our Fixed Asset Inventory and Reconciliation Services:

PLANNING

Verasset assigns a dedicated Project Manager and at least one Inventory Controller (Onsite Manager/Team Lead) to every engagement.

Together, they assess your objectives, existing business controls, and asset information standards and conventions.

Using this information, a concise Project Plan is created and used to govern specific asset inventory counting methods, information, conventions, schedules, and project stages.

Once Verasset has gained client approval of the project plan, the Inventory Controller(s) assembles the core inventory team, which is made up of experienced Inventory Specialists.

The plan is used to prepare the team and to guide thorough and accurate execution of the project.

TECHNOLOGY

Verasset’s asset data collection tools embrace state-of-the-art information collection technologies such as handheld mobile computers, bar coding, radio frequency identification (RFID), wireless communications, digital imaging (pictures), voice recognition, GPS, and auto-discovery.

Combined with the Project Plan, these tools help Verasset Fixed Asset Inventory Specialists conduct a highly efficient inventory of fixed assets, quickly and accurately.

Verasset’s data collection applications are adaptable to your requirements through the use of definable operating parameters. These operating parameters enable Verasset’s Inventory Specialists to quickly adjust applications to match your information requirements.

Examples include: customized asset tags (size, material, copy, and adhesive), definition of custom data fields, inclusion of digital pictures, use of pre-existing lists (asset listings, department lists, employee lists, asset model standardization lists, etc.).

ADDITIONAL SERVICES

DATA CENTER

Improve efficiencies & reduce IT costs with an up-to-date inventory of your data center environment. Locate idle assets, ensure proper retirement & disposal of end of life assets

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INFORMATION TECHNOLOGY

Update asset management and help desk system records, improve the efficiency and response time for your IT support team, improve efficiency and reduce redundant purchases

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HEALTHCARE

Secure patient health information, ensure patient privacy, maintain compliance with regulatory and internal policies, find equipment stockpiles, locate critical assets

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GOVERNMENT

Professional fixed asset inventory services for State, Local, and Federal government entities. Large scale, nationwide projects include asset inventory and tagging services

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EDUCATION

Verasset works with K-12, higher education, and various state funded programs to assist with GASB compliance issues and improved IT support

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MANUFACTURING

We have extensive experience in physical inventory and reconciliation of manufacturing equipment, components, tooling, vehicles, furniture and fixtures

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See more industries we service…

Data Collection is customized to each client’s needs. Examples include:

 

Location Data

  • Address: City, State, Street
  • Building Name / Code
  • Floor
  • Room Number
  • Cage Number (Data Centers)
  • Row, Rack, U Number (Data Centers)

Asset Data

  • Serial Number
  • Manufacturer Make and Model
  • Asset Description
  • Asset Tag Number
  • Asset Class
  • Digital Image, Condition, Calibration, Inspection Date, and more…

User Data

  • First Name
  • Last Name
  • Phone Number
  • Email Address
  • Department
  • Signature

What our clients say about us;
  • I am happy to recommend Verasset Corporation for your large inventory needs. The Verasset team performed our tri-annual fixed asset inventory in a professional and methodical manner. They inventoried over 65,000 assets onsite with meticulous attention to detail.  Each day, they reported on time, and were well prepared for the day’s activities.  The team lead worked closely with me to ensure every asset was captured, while the rest of the Verasset team worked closely with my team to resolve all discrepancies.  For weeks after the hands-on team had left our sites, they continued to meet with me regularly to ensure the inventory results were accurately documented, resulting in the most successful fixed asset inventory ever at our company.  I would not hesitate to engage the Verssset team in the future for my inventory needs.

    Burnie S.
    NETAPP INC.
  • We (NetApp Inc) have been utilizing Verasset’s services for over 5 years.  Due to their high quality of work at reasonable prices, we have continuously engaged with this organization for our physical inventory and reconciliation needs.  Adam Vinecombe, especially, has been providing excellent customer support and accommodating the many changes in direction we have proposed without hesitation.  With his long history of experience, he has provided helpful insight on issues we encountered during the larger engagements, to help NetApp make better informed decisions on how to resolve the situations.  He has made himself available for last minute ad-hoc meetings and requests in a professional manner.  It is a pleasure working with Adam and Verasset, and we look forward to the next engagement.

    Rick S.
    NetApp, Inc.
  • Verasset performed a physical inventory of our fixed assets in July of 2011. Their team completed an in-depth scoping exercise which was used to determine the scope of work and enabled them to provide the various RFID tags that they applied to our assets during the inventory. Upon completion of the inventory and tagging effort, Verasset appraised our assets and provided us with a formal report of their findings. The Verasset team, which I found to be professional and detail oriented, completed the physical inventory on time and within budget.

    Manhal Bou Karroum
    Finance Director Qatar University
  • Verasset performed a physical inventory of our fixed assets for the Town of Jay. We found the team to be courteous and professional while on site in our facility. They were always polite and respectful while performing their inventory, allowing my office staff to continue work without interruption. I highly recommend Verasset’s services when awarding a physical inventory bid.

    Randall T. Douglas
    Supervisor, Town of Jay
  • I’m glad we went with Verasset for the physical inventory of fixed assets at our Corporate headquarters. The Director of Service Delivery was an absolute professional to work with – he followed up on our request quickly and responded to questions promptly. Verasset was able to turnaround a proposal for services immediately so we could make our decision in a timely manner, and the cost was very reasonable for the work that had to be done. The inventory count was done in the time specified, and the inventory data was provided as expected – we were able to use it easily to reconcile against our fixed asset sub-ledger. We are using Verasset for our other facilities across the U.S., and I would highly recommend them to anyone in need of fixed asset inventory services.

    Steven Azevedo
    CRC Health Group
  • We are a small long term care nursing facility that contracted Verasset to conduct our periodic fixed asset physical inventory. They delivered what they promised which was a professional staff, cost effective approach, and a quick turnaround on the results. Verasset made it happen!!

    Jeffrey Dasilva
    Seton Manor

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About Verasset

15

Years of Success

We were incorporated in 2003. Our first client was a large technology company with server farms located around the world. Our job was to take inventory of those servers and help our client develop a sustainable system to manage their assets.

50

States Inventoried

We have provided fixed asset inventory services in all 50 United States. We have sales representatives in the northeast, southeast, and west coast. Our service teams are based out of New England and routinely travel to client facilities to deliver our services.

Over 30

Countries Inventoried

We offer our services around the world and assign a central point of contact to manage each project, regardless of time zone.

6

Continents Inventoried

We have conducted physical inventory on 6 continents (Antarctica is not one of them). Our service engagements are offered on a fixed fee basis, which is based on the locations and the assets that are in the scope of work.

Millions

of Assets Tagged

We inventory and asset tag over one million fixed assets each year. Contact Us to learn more about our services and get a quote today!

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