Pain Points
- Untagged Assets resulting in loss of complete/ partial physical control on assets
- Delays during audit compliance due to problems in physical verification
- Audit qualifications for inadequate controls over physical asset management
http://tomtwomeyseries.org/wp-json/oembed/1.0/embed?url=http://tomtwomeyseries.org/the-library/ Step1:
Company provides Asset List from ERP
see url Step2:
Generation of Bar-code Asset Labels through FAMS
follow Step3:
Affixing of Asset Labels
Step4:
Periodically scan asset labels and provide physical variance report