Having comprehensive and up to date asset information is paramount to the Success of any asset intensive organization. Being able to answer the following 9 questions will form the basis of your success.
Essential questions will form the basis of that success:-
- What do I own?
- What condition are my assets in? 3. What are my assets worth?
- Where are my assets located?
- Whose using my assets?
- Are my assets being used correctly?
- What is my remaining asset life?
- What are my ongoing maintenance costs?
- What are my future asset needs?
Our scope of service can encompass the following:
- Physically verify all fixed assets within the client environment, linking each asset to its user definable; category code, location, department, cost centre, responsible person, supplier, manufacturer etc.
- Database formatting
- Matching financial values to the general ledger
- Compile asset management policy & procedure manual
- Conduct physical presence verification of all assets across all sites by scanning all locations and asset labels (stock takes)
- Produce exception report (for all sites)
- Verify Assets in different location
- Facilitate Financial Year end run Stock/ Fixed Asset Verification