A RFID asset tracking solution involves RFID smart tags and labels, fixed or handheld RFID readers, and custom software solutions to suit any asset management or inventory management needs. Not only can RFID tags be read in bulk when tagged to inventory products, but these can also be without the need of sight. Speeding up […]
How can RFID asset tracking solution help with IAS 16 compliance? Read More »
Did you know that the global fixed asset management software industry is expected to hit $5.2 billion in 2024? Companies are required to comply with the Sarbanes-Oxley Act (SOX) when it comes to their fixed assets. It can be difficult for companies to keep up with the ever-changing regulations and ensure they have all of
What Are the Fixed Asset Internal Controls Required by SOX Compliance? Read More »
What is asset tagging, and how does it benefit businesses? What are the advantages of asset tagging with RFID? Learn all about asset tags and more here.
How Does Asset Tagging Help You Identify Your Field Assets? Read More »
Leases are fundamental for a company and legal entity as they deal with leases. Therefore, get to know IFRS 16 – Leasing and its information.
IAS 38 – Intangible Assets is the standard responsible for disclosing diverse and relevant information about intangible assets, those that do not have materiality.
IAS 38 – Intangible Assets Read More »
RFID technology is becoming increasingly essential to healthcare inventory management. RFID, or Radio Frequency Identification, uses radio waves to communicate between a tag and a reader, allowing for quick and easy tracking of assets. This is widely used in healthcare inventory management to track and manage medical supplies, equipment, and medications. One of the key
RFID into healthcare inventory management Read More »
Ensure financial control and reduce costs with a detailed equipment inventory. Learn how to create an inventory list and set up protocols to keep track of your equipment.
How a Detailed Equipment Inventory Ensures Sound Financial Control and Reduces Costs Read More »
As a Plant Controller, you are responsible for accurately reporting business cost performance, risks, and opportunities. In addition, you must ensure sound financial controls are maintained. Fortunately, RFID Asset Inventory Trackinghas emerged as a powerful tool that can help you do just that. RFID asset inventory tracking technology can: With RFID Fixed Asset Inventory Tracking,
How RFID Technology Streamlines
Fixed Asset Auditing Read More »
Managing fixed assets is one of the most challenging tasks for plant controllers, managers, and organizations. It’s especially challenging if the organization is capital intensive and decentralized. Internal control issues over fixed assets – such as, inadequate asset descriptions, little or no use of property asset tags, inconsistent equipment and asset inventory, and poor documentation
Improving Financial Reporting with Better Internal Control Procedures Over Fixed Assets Read More »
With over 25 years of experience, the CPCON Group is the global advisor that enhances and maximizes organizations’ internal control, promoting increased management efficiencies, improved regulatory compliance and financial supervision.
