Why 65% of Companies Cannot Locate Their Own Assets
Nearly two-thirds of organizations cannot physically verify the existence or location of assets on their balance sheet. The consequences are staggering: billions in wasted taxes, inflated insurance, audit failures, and capital misallocation. Here is why it happens — and how to fix it.
The Alarming Reality
According to a 2025 survey by the Institute of Asset Management and corroborated by CPCON’s own field data from 15,000+ verification projects, 65% of organizations cannot physically locate or verify at least 10% of the assets listed on their fixed asset register. For many, the figure exceeds 25%. The result is a silent financial drain that costs U.S. businesses an estimated $2.3 trillion annually.
Share This Article
Related Articles
Ghost Asset Detection: How to Find Millions in Missing Assets
Proven framework for identifying and eliminating phantom assets from your register
Fixed Asset Verification: Complete Guide
Step-by-step methodology for physical asset verification
RFID vs Barcode vs IoT: Which Tracking Tech Wins in 2026?
Compare technologies that solve the asset location problem
Need Expert Help?
CPCON’s asset verification specialists can help you achieve 95%+ asset location certainty.
Get a Free Assessment