"We are the leading service providers of
Fixed Asset Verification and Tagging, Globally"



Why Automatic Fixed Asset Verification?
An automatic verification provides with the globalised accepted procedures.Managing the work of a single firm is easy as compared to management of work of ten firms ,same is the case with the manual and automatic verification as manual verification confines to a particular area of working.

Manual verification stands in need of more efforts,time and money whereabout automatic one curtails all these to an extent by accomodating the usage of labels and scanning of bar codes helping to deal with the security issues , the detailed phases of verification & costing mannerism.The records can be automatically updated being handled by even a small team of members in automatic verification whch is not feasible in manual one.

"During automatic verification all configuration issues are corrected leading to a synchronized system of fixed asset verification which excludes the need of manual verification". A dynamic working gets into account with the use of automatic verification and thus reduces the work load and simplers the work.

"Automatic verification & fixed asset management multiply around a firm.To an increasing extent automatic verification dictate the verification of fixed asset."


 
Why not to opt for physical Verification?

1. PRIOR TO MANUAL PHYSICAL VERIFICATION:

Preparation of FAR with all relevant Details
Pulling out Quantities and proper nomenclature/ model No. from the invoice wherever required
Team training for physical verification

2. WHILE CARRYING OUT PHYSICAL VERIFICATION:

Keeping a track of assets verified and not verified
Pulling out Quantities and proper nomenclature/ model No. from the invoice wherever required
Team training for physical verification

3. AFTER THE PHYSICAL VERIFICATION:

Resolving the issues related to missing assets
Communicate and coordinate with the person responsible for the Missing, Damaged and not in use assets
Arrive at the write-offs /accounting adjustments required
Maintain a trail of all changes made and managing the documentation
Revision of FAR after attaining proper approval/ documents
Satisfy the Auditors and Companies Act requirements

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