Fixed Asset Tagging & Verification Services
With competition growing and access to technology becoming easier, companies are scaling up and striving to become competitive. Whether it be manufacturing, retail or eCommerce, hospitals or hospitality, scaling up is becoming vital.
As you scale, managing assets, inventory and their movement becomes complex. Our services are designed to help you manage your fixed assets. From capitalization of fixed assets, preparation of FAR to periodic verification and retirement of assets. We go a step beyond, with capability to perform fixed asset valuation.
Asset Tagging
Fixed asset tagging or asset tagging usually refers to affixing an identification tag on an asset belonging to an organization. Companies keep a record of all their assets in the form of fixed asset register. These asset tags could be
Read moreAsset Verification
Physical verification of assets is a process conducted to ensure that the assets of an entity actually exist. It is vital for every business to carry out this process at suitable intervals, preferably once every year. Our approach to physical
Read moreSteps & Benefits of Asset Management
Physical verification of fixed assets
Fixed Asset Register (FAR) construction
Fixed Asset Tagging
Componentization of assets
Reconciliation of fixed asset register records
Determination of “ghost assets”
Asset Management & Compliance
When you implement asset management system, not only does it simply and digitalize asset management, but it makes you meet the compliance requirements around asset management much simpler.