Physical Fixed Asset Inventory

Asset Management Service

Asset Services designs and conducts fixed asset inventory and asset management services.  A typical fixed asset inventory consists of applying a barcode property tag to the items inventoried. Specific data for the asset is then associated with the barcode asset tag.

Asset Services' standard physical asset inventory service gathers data concerning:


  • Asset Number / Property Tag
  • Description of Asset / Equipment
  • Manufacturer
  • Model Number
  • Serial Number
  • Location

Some clients require more specific information pertinent to their company. Asset Services will record any additional information requested or required by an organization.


 Asset Services inventory teams use state of the art personal data collection terminals (PDT’s) for data capture and entry.  Our methodology ensures accurate data collection through barcode scanning and data validation. 

Data from the inventory is normalized and provided to our clients in Excel format for further analysis, and any other delimited format for integration into any existing asset management system.


All Inventory Specialists have been thoroughly trained and have extensive field experience, which allows them to quickly identify equipment and capture applicable product information as it pertains to various assets. Asset Services inventory specialists are trained in equipment identification, whether it is:




Asset Services recognizes the difficulty in maintaining and auditing an inventory of fixed assets.  Asset inventories are time consuming, other priorities may take precedence, staff have other responsibilities, or an asset management system may not exist

Choose Asset Services to conduct a thorough and professional wall to wall fixed asset inventory service or physical asset audit and eliminate the necessity of pulling valuable resources from their normal duties and projects.


Answers


How does the fixed asset inventory process work?

Our inventory teams will make a sweep through your facilities, and apply a barcode property tag to every fixed asset. Information such as location, room, description, manufacturer, model, and serial number will be recorded using state-of-the-art barcode data collection terminals.

The information recorded during the physical inventory is compiled into an inventory report for your records.

Asset Services also provides reconciliations of the physical inventory back to the fixed asset ledger as well as fair market valuations.

Asset Services’ inventory specialists are highly sensitive to the concerns of employees.  Asset Services takes pride in our ability to perform an inventory with minimal disruption to the workplace.
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How long will an equipment inventory take?

Our inventory specialists are extremely accurate and efficient at performing inventories. Physical inventories by trained and experienced professionals are completed in a fraction of the time it would take an untrained person to complete.  Using barcode technology and scanners reduces inventory time dramatically, compared to the "pen and paper" method. Asset Services inventory specialists will complete a floor of an average office building in less than a day.
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How much will an inventory of fixed assets and equipment cost?
The price of services varies with the size of the facility, and your specific needs. Typically, the cost of a physical fixed asset inventory for each facility is less than the price of a few laptops. Contact us for a hassle free estimate.
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