Easy, reliable fixed asset management to ensure transparency and reduce risk
Having a precise picture of your company’s physical assets is critical for decision-making, capital budgeting, financial and risk management reporting, and strategic planning. However, maintaining an accurate, reliable record of your assets and tracking them over a long term can be time consuming and labour intensive tasks.
We offer a comprehensive, one-stop fixed asset management solution to help you manage your fixed assets throughout their lifecycles. Our team of highly qualified experts will help you to keep track of the location, quantity, condition, maintenance and depreciation status of your fixed assets. This will enable you to ensure transparency, control of assets and necessary data visibility while avoiding non-compliance and misappropriation of assets.
We apply a comprehensive approach to tracking the location, quantity, condition, and maintenance and depreciation status of your company’s fixed assets. By helping you to cleanse and fortify your fixed asset register, we enable you to establish a strong foundation for effective fixed asset management, with or without systems. We will undertake physical verification of your assets with barcode/QR code and RFID as per your requirements.
A company’s fixed assets register is a list of all the fixed assets a business owns. Having one is vital as per Schedule VI of the Company Act. You need a fixed assets register to keep track of the book value of your assets and their depreciation. The register is also used to identify each of your assets in preparation for fixed asset verification. Our experts will help you to create and maintain a fixed assets register as per accounting standards specified by the authorities.
Our fixed asset management software automates the financial tracking of your assets at different stages of the asset lifecycle, which is vital for financial reporting. It helps you to manage your assets, improve efficiency and avoid unnecessary equipment purchases. Our software uses tracking technology with barcode/QR code and RFID tags and allows you to create depreciation, accounting and MIS reports.
Key benefits:
Inventory management is key to fulfilling customer orders accurately. An inventory management system automatically updates your inventory, informing you of sales orders and deliveries and letting you know when stock needs to be replenished.
Every supply chain and eCommerce business needs an automated inventory system to identify good and bad inventory and prevent losses. Our centralised inventory management system uses barcodes/QR codes and RFID to update all your online, offline, and warehouse stock inventory in real time.
Stock Verification involves physically counting, measuring or weighing stock and then systematically recording the findings. SGS provides stock verification with barcode/QR code and RFID tags.
Benefits:
SGS is the world’s leading inspection, testing and certification company, recognised as the global benchmark for quality and efficiency. Our experts provide specialised solutions to make your business faster, simpler and more efficient. We are working to enable a better, safer and more interconnected world.
