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Assets
Why do we need an accurate asset
register?
An effective asset register provides a means to track, secure, resource
maximise and accurately value a critical component of your business
- your active plant and equipment assets. Moreover, an asset register
serves to meet your taxation, insurance, statutory and sale-of-business
obligations.
Get on with your job….
Business assets are dynamic and are constantly changing (bought, sold,
disposed and transferred). Many asset registers lack relevant or reliable
data. They often contain meaningless and inconsistent descriptions
and valuations that are impossible to verify in the field.
Our asset register services clean up the mess and give you verified,
reconciled and summarised reports so that you can make important business
decisions with confidence.
….while Lotons take care of your assets
From the outset, an experienced LOTONS Project Manager will assist
you through each step of the asset register process.
LOTONS will help you design your asset register to best suit your
business. We develop functional asset definitions and consider the
relevant data fields (e.g. barcode labels, photographs, cost centres,
standardised descriptions, condition scales, market valuations and
insurance valuations).
Our trained field staff use the latest Portable Data Terminals and
proprietary LOTONS software to quickly and accurately assess and collect
all field details (make, model, serial number, etc). Our valuers can
reconcile your existing asset register and provide appropriate itemised
and summary valuations.
Upon completion we will provide your asset register in an agreed computerised
format for updating of your existing asset register software package,
or suggest alternative software packages. LOTONS are resellers of
several asset management packages and can advise on function and costs.
We can also provide procedures and training for your staff so that
they may maintain your asset register for the future. Alternatively,
we can return periodically and update your asset register.
Click below for information on Asset Management Packages:
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