Asset Verification

  • Fast delivery of accurate register of assets, classified to your reporting standards
  • Frees up your internal resources
  • Physical audit builds accurate understanding of your existing assets
  • SPM Reconcile reduces time spent reconciling results of physical audit to your asset register

Accurate and Consistent
An accurate and up-to-date fixed asset register is vital for asset planning, audit compliance, to meet IFRS and IAS standards. It also comes in handy for any due diligence you need for Mergers and Acquisitions.
SPM’s Asset Reconciliation Service quickly delivers you an updated, accurate register of your assets, classified to your reporting standards.

Effective Planning
The process starts with an accurate understanding of your existing assets. After all, the usefulness of your strategic asset plan will rely on the base set of asset information used. We will do a physical audit of your fixed assets to get an accurate snapshot. But this is only part of the process. The resulting data then needs to be reconciled to your existing fixed asset register.

Classification and Reconciliation
Using SPM Reconcile, a unique software application, we can compare and reconcile the results of a physical audit to your asset register quickly and efficiently.
When it comes to classifying your assets for planning or categorising, there’s no substitute for skills and experience – which is exactly what you get with SPM. We know asset classification and our experience encompasses many industry specific asset naming structures and classes – from clinical assets in the health sector to fixed assets in the housing sector.

Fast and Accurate
The sheer magnitude of an asset register reconciliation can be daunting. By combining well-tested procedures with innovative software, SPM dramatically reduces the time and effort required. It makes the process more efficient and frees up your people to focus on other matters.

 

Contact us to find out more.

 
 

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