i) Asset Audit/ FAR
The fixed asset inventory and reconciliation approach, which has an unparalleled audit trail, is deemed by PDM clients as a methodology that bridges gaps typically experienced with traditional fixed asset “reviews”. In addition, PDM utilizes standard methodologies that take into account a variety of issues to ensure a successful and minimally disruptive project.
ii) Wall-to-Wall Physical Inventory
Utilising state-of-the-art handheld technology to capture quality asset inventory data and creating a vehicle for more efficient cycle inventory by tagging all assets with a barcode label.
iii) Floor-to-Book Reconciliation
Reconciliation of inventoried assets to a fixed asset ledger and other corporate asset management database (e.g. IT, Facilities, Maintenance, etc.).
iv) Reporting and Tagging
There is no room for error when you need a precise picture of your company’s physical assets. Knowing exactly what assets you currently have, where these assets are located and how these assets are changing over time, allows a company to keep track of details of each fixed asset, ensuring control and preventing misappropriation of assets.