With higher level of automation
throughout business operations in the modern-age corporations,
increasing utilization of IT equipment, office automation
equipment and factory machineries are prominent. These
items together with other non-IT assets such as furniture,
air-conditioners and vehicles must be accountable for
insurance, depreciation and fixed asset accounting. Auditors
are faced with challenges to keep track of all items accurately
and are vital to be transparent with changes of assets
information such as the condition, location, ownership
and disposal. |
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Manual Asset Audit process
is painstakingly time-consuming, inaccurate and unreliable.
This requires tedious administrative tasks of manual spreadsheet
recording, physical identification and item checking.
You may faced with the risk of not having all your company
fixed assets status recorded and updated. |