Avail end-to-end fixed asset management services starting at $8 per hour to track fixed assets and ensure it's accounted to lower maintenance cost, downtime, & inventory loss
If your large organization is sprawled over multiple geographies it can get challenging to keep track of every fixed asset in your possession. Inventory like computers, machinery, and furniture can degrade without maintenance or be stolen without efficient tracking. This is an indication that you need to outsource fixed asset management services to a professional fixed asset management service provider like Flatworld Solutions.
We, at Flatworld Solutions, have 16 years of experience in fixed asset management services and have adopted remote tracking and accounting approaches to ensure you have exact numbers when it comes to fixed asset management. In no time, your operational efficiency will become optimal and maintenance costs won't be a headache anymore. Our fixed asset management services can be had without denting your budget.
Fixed Asset Management Services We Offer
A highly capable team of fixed asset accountants from FWS handle fixed asset management as per the SLA to ensure that the inventory lifecycle is tracked from one end to another. By choosing a fixed asset management service provider like us you get peace of mind and more time to focus on core functions. Our fixed asset management services include -
We create a comprehensive Fixed Asset Register (FAR) and upload the same into ASSURE to track the MRO lifecycle. This lets you track a particular asset whenever it's moved, transferred, repaired, or disposed of. We ensure that asset tagging is DOA compliant and capture POD by generating a traceable waybill. We also provide a comprehensive single-click report for auditing and tracking the lifecycle of a particular asset.
Asset Movement Tracking
We sync the information uploaded on ASSURE with your ERP so you can get real-time data on demand. We use a mobile application and portable gadgets to routinely audit the asset with accuracy. The data will be uploaded at planned intervals to ensure what you see on your ERP is up-to-date. We make data available on-demand to SPOC. We track the touchpoints where the asset has been during logistics.
Verification of Inventory
We are adept at creating custom dashboards and reports for organizations. We help you by automating your ERP to track the inventory. We streamline the consolidation of data so information is available on tap.
We ensure the asset register is in agreement with your balance sheet in ERP. We create a comprehensive statement of fixed asset reconciliation that includes summarized data of everything from asset depreciation, credit/debit, as well as book value. We will flag the record value if inconsistencies are detected.
Fixed Asset Auditing
We pull up reports with summarized data on fixed asset management and check if captured entries are accurate and in agreement with the waybill. Quarterly reviews will be conducted by performing a comparative analysis to discover discrepancies and fallouts. Our team reviews the asset management operation to ensure compliance with your business's standard operating procedures. Inventory analysis, FIFO verification, and compliance checks are among other areas we specialize in.
Fixed Asset Management Process We Follow
We are a world-class fixed asset management service provider whom multinational corporations and startups consider for delegating fixed asset management services. Our fixed management auditors are experts in the process and works as per the plan. Our fixed asset management solutions include the following steps -
01. Requirement Gathering
We meet the client and collect the business requirement by asking focussed questions and collecting answers
02. Service Requirement Planning
We will propose a detailed plan by assessing the data and insights provided by the client and share the work strategy for their approval
03. Fixed Asset Management
Once the client nods to our proposal, we will carry out the fixed asset management services as per the plan
04. Workflow Evaluation
The executed model will be assessed by our team of QA team to ensure our approach is compliant with the DOA
We will submit reports to the client to help them understand every aspect of the fixed asset management services
At Flatworld Solutions, we work with a knowledgeable team of mechanical engineers having the necessary qualifications and technology adeptness to work on ASSURE. We offer robust fixed asset management services to streamline your operation. With 16 years of experience in financial analysis services, we use a tried and tested strategy to address asset management challenges. Our targeted solutions always lower the cost and save time for all our clients.
To know more about our Fixed Asset Management solutions, contact us right away!