From completing your inventory in less time to updating asset data efficiently, the benefits of an automated inventory system during audit season are clear. But if you’re making any software investment, it's wise to look for a system that will help your department thrive year-round. If that system is a mobile inventory solution, don’t [...]
10 Ways to Ensure the Success of your Next Inventory Project From generating up-to-date, compliant fixed asset records to saving time for your team, there are many advantages to working with a third party for professional inventory services. So, whether you already have a fixed asset inventory scheduled or are looking to have one [...]
Legislation, such as GASB 34, requires school districts and other public entities to accurately track and account for fixed assets. Without proper systems in place, this can certainly be a challenge. Quite honestly, even with an advanced system in place, it can still be difficult to keep up with the ever changing landscape of [...]
Mobile inventory solutions, through the use of handheld scanners or tablets and corresponding bar code or RFID tags, can enable you to quickly capture and track information on all of your assets while in the field. This includes the ability to reconcile data such as location, condition, asset information, and more. Below are a [...]
Working Together to Improve the Way you Conduct Capital Asset Inventories Picture it: you walk into a room holding a scanner. Then, with the push of a button, all of the assets in the room start populating on the device. Sounds like a dream come true, right? Unfortunately, this method of conducting a physical [...]
Is a mobile inventory solution the cure for your asset management headache? Mobile inventory solutions, through the use of handheld scanners or tablets and corresponding bar code or RFID tags, can enable you to quickly capture and track information on all of your assets while in the field. This includes the ability to reconcile [...]
For many public entities, conducting an annual fixed asset inventory isn’t an option but rather a requirement. These assets represent a significant investment and include everything from desks and tools to computers, printers, and other equipment. There are several ways to go about conducting an annual inventory including wall-to-wall inventories, inventory by exception, and [...]
There are many advantages to working with a third party for fixed asset inventories and reconciliations. So, whether you already have one scheduled or are looking to have one done in the near future, we've compiled a list from our experts (the boots on the ground) of 10 ways to ensure your next inventory [...]
This is the second in a series of tips for how to ensure the success of your next fixed asset inventory project. Our team of appraisers recommends the following to help keep data clean and projects on schedule. 1. Ask questions There is no such thing as asking too many questions. If you aren't sure why [...]
For many organizations, fixed assets represent a significant investment and include everything from desks and tools to computers, printers, and other equipment. Some entities must adhere to government regulations for tracking and reporting on fixed assets. However, aside from regulatory compliance, there are many benefits to having comprehensive fixed asset management and inventory practices in place. [...]
