Phases of Fixed Assets Physical Verification and Tagging
Planning Phase: In this phase, the organization determines the scope and objectives of the physical verification and tagging process. They create a plan that outlines the assets to be verified, the timeline, and the responsibilities of each team member.
Preparation Phase: During this phase, the necessary resources are gathered, such as barcode scanners, tags, and software for tracking the assets. The assets are also organized and categorized for easier verification.
Execution Phase: In this phase, the physical verification and tagging of the assets take place. The team members physically locate and verify each asset, ensuring that it matches the information in the organization’s records. They also affix tags or labels to the assets for easy identification.
Reporting Phase: After the physical verification and tagging process is complete, a report is generated. This report includes any discrepancies found during the verification process, such as missing or damaged assets. The report also includes recommendations for corrective actions to address these discrepancies.
By following these phases, organizations can ensure that their fixed assets are accurately accounted for and properly tagged, which helps in maintaining an efficient and reliable asset management system.
Benefits of Fixed Assets Verification & Fixed Assets Tagging Services
Accurate Asset Recording: By offering fixed assets verification and tagging services, we ensure that your organization has an accurate record of all its fixed assets. This helps in preventing loss or theft of valuable assets.
Improved Asset Management: Our services help in streamlining the management of fixed assets. By tagging each asset with a unique identifier, it becomes easier to track and locate assets when needed.
Compliance with Regulatory Requirements: Many industries have regulatory requirements for maintaining accurate records of fixed assets. Our verification and tagging services help organizations comply with these regulations, avoiding any legal or financial consequences.
Cost Savings: Having an accurate record of fixed assets can help organizations identify underutilized assets or assets that are no longer needed. This allows for better decision-making and potential cost savings.
Overall, our fixed assets verification and tagging services provide organizations with improved asset management, compliance with regulations, and potential cost savings.
Our offering: We offer Fixed Assets Verification and also Fixed Assets Tagging Management Solution
Assets Physical Verify & also Reco service (Onsite)
Tagging of Fixed Assets (Barcode / as well as RFID)
Steps – FAR Make / Update
Check of Ledgers, CWIP, PO, GRN & also Bills
Data Entry of Invoice, PO & GRN info for ledgers / as well as CWIP
Check of Direct Cost & also Allocate of the same
Check of Incidental Cost as well as Allocate of the same too
Make of Fixed Asset Register also
We offer full FA Manage Solu. This include:
Supply as well as Install of Fixed Assets S/w
FA Regi make also
FA Physical Verify & also Reco service
Fixed Assets Tag Services (Barcode / as well as RFID)
Verify Fixed Assets also
Fixed Assets Verification Checklist
Our end-to-end fixed assets management solution offers a comprehensive package that includes software, verification, and tagging services. This all-inclusive approach ensures that every aspect of your fixed assets management is taken care of efficiently and effectively. With our software, you can easily track and manage your assets, allowing for better organization and improved decision-making. Our verification and tagging services ensure that all your assets are accurately recorded and properly labeled, reducing the risk of loss or theft. This comprehensive solution streamlines the entire process, saving you time and resources, while also providing you with peace of mind knowing that your assets are being managed in a reliable and professional manner.