Fixed Asset Management
Unlock the full potential of your assets with our comprehensive fixed asset management solutions.
What is Asset Tagging
Asset tagging is the process of affixing tags or labels to assets to uniquely identify each one individually and track data from real-time location to maintenance history. These tags can be assigned to fixed and moveable assets spread across multiple sites and warehouses.
By attaching tags and labels to assets, you can gather a wide range of data and record it in a digitized asset register. Asset data can include:
Our Solutions & Benefits
- Location of assets
- Users
- Purchase History
- Maintenance schedules
- Depreciation Value
Why Tag Fixed Assets
Major financial & asset misappropriation is on the rise with alarming regularity. Due to high capital & revenue expenditure and increasing compliance requirements, it is vital to maintain proper records of Fixed Assets/Inventory and to ensure the existence of such Fixed/Revenue assets.
One of the prominent & statutory control in the Fixed Asset Management Cycle is to verify the existence of assets on a periodic basis by conducting Physical Verification of Assets & implementing technology to track assets on an ongoing basis using numbered asset tags which are labeled with bar codes for an easy and accurate reading. We have a team of trained staff for the verification of fixed assets who can handle the verification of large plants having multiple categories of Assets.
We have a team of trained staff for the verification of fixed assets who can handle the verification of large plants having multiple categories of Assets.
Get a Quote
Use the contact details below or fill out the form, and we’ll be in touch promptly.
Need more help?
Don’t hesitate to contact us for more information.
+91 96500 03293
connect@tagmyassets.com
Benefits of Fixed Asset Tagging
Tracking of assets by using tags which broadcast their location.
Identifying the location of assets using tags helps reduce theft.
Use of digital technology helps expedite the process.
Accurate tracking and management helps in maintaining correct records.
Helps tracking assets while in transit and movement from one location to another.
Use of digital technology helps reduce manpower resources and time.
Our Process
1.
Physical Verification
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2.
Obtain a Copy of FAR
Obtain a copy of the Fixed Asset Register (FAR) to establish a baseline for asset tracking.
3.
Data Sensitization
Ensure all asset data is accurate and up-to-date, including asset descriptions, values, and locations.
4.
Physical Categorization
Categorize assets based on their physical characteristics, such as size, shape, or function, for easier identification and management.