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Fixed Asset Management Excellence

Industry-recognized best practices in fixed asset management, helping organizations optimize their asset portfolio and maximize returns.

Understanding Fixed Asset Challenges

Over time, fixed asset accounting records can become increasingly inaccurate, reducing their value as a management resource. Our comprehensive approach addresses these challenges head-on.

Inaccurate Records

Up to 65% of fixed asset records contain errors that impact financial reporting

Tax Overpayment

Organizations typically overpay property taxes by 10-30% due to ghost assets

Compliance Risk

Non-compliance with regulatory standards can result in severe penalties, audit failures, and reputational damage

Public Sector Challenges

  • Complex regulatory compliance requirements
  • Strict accountability for taxpayer-funded assets
  • Detailed reporting for grant-funded acquisitions
  • Transparency requirements for public disclosure

Private Sector Challenges

  • Optimizing tax positions and depreciation strategies
  • Accurate financial reporting for stakeholders
  • Merger and acquisition asset integration
  • Insurance coverage optimization

Data Management Challenges

  • Legacy system integration and data migration
  • Maintaining accurate historical records
  • Tracking complex asset relationships
  • Ensuring data security and compliance

Our Comprehensive Solution

Our specialists combine industry expertise with advanced technology to deliver tailored solutions that address these complex challenges.

Our Advisory Solutions

We offer a complete range of fixed asset management solutions tailored to your organization's specific needs.

Fixed Asset Inventory, Tagging and Reconciliation

Complete physical inventory services with detailed reconciliation to your accounting records, identifying discrepancies and ghost assets.

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Asset Componentization

Breaking down complex assets into components with different useful lives to optimize depreciation and improve financial reporting accuracy.

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IT Asset Inventory Tracking and Management

Specialized solutions for tracking hardware, software, and digital assets throughout their lifecycle with enhanced security protocols.

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Building Componentization

Detailed analysis of building systems and components to maximize tax benefits and improve capital planning for facility management.

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Baseline Asset Inventory Services

Establishing a comprehensive foundation for your asset management program with detailed tagging, documentation, and valuation.

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Asset Register Updating Services

Complete management of your fixed asset records, including ongoing updates, reconciliation, and reporting to free up your internal resources.

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Comprehensive Asset Management Services

Our diagnostic studies provide a cost-effective way to evaluate your fixed asset accounting records and identify areas for improvement.

  • Wall-to-wall physical inventory services
  • Asset reconciliation with accounting ledgers
  • Ongoing maintenance and updates
  • Asset valuation and impairment testing
  • Best practices implementation
  • IFRS and SOX compliance
Asset Management Services
Technology Solutions

Fixed Asset Tracking Platform

Our dedicated IT consulting team specializes in fixed asset tracking technology, providing seamless solutions for modern businesses.

  • Data and software conversions
  • Secure online data access
  • Custom reporting solutions
  • Automated tracking tools and software

Solutions for Corporate Decision-Makers

Comprehensive solutions that help you meet regulatory standards while optimizing your asset management strategy.

Audit & Compliance

Meet external audit requirements and maintain regulatory compliance with our comprehensive asset management solutions.

Capital Budgeting

Optimize your capital allocation with data-driven insights and comprehensive financial reporting.

Maximize Your Tax Savings

Identify and eliminate ghost assets to reduce property taxes and optimize your asset portfolio.

30%

Average reduction in property taxes

45%

Ghost assets identified

$2.5M

Average annual savings

Ready to Optimize Your Asset Management?

Contact us today to learn how our solutions can help your organization achieve better asset management outcomes.