Through years of experience and shared views expressed by various Audit Firms, we understand companies faces various issues in Managing its Fixed Assets, such as:
The manually maintained spreadsheet is most of the time Incomplete or Inaccurate.
The manually maintained methods may suffer from control risk and company may not have clear visibility of whereabouts of the asset.
These manual methods may result in Incorrect reporting both Internal and External Reporting.
Some times company may have to pay higher taxes which bases its calculations on the total tangible assets of the company.
Some of the assets may be under utilized or even in some case company may over spend on assets which is already in stock.
Company may even end up paying more Insurance Premium and spend lot of time and effort in making any insurance claims.
As a One Stop Solution, EcommFAT is a Complete Solution for the companies Fixed Asset Management Issue, with a freedom of choice either to its products or packaged solutions as per the desired needs of your company.
Our offerings includes Products and Services, which combines Inventory, Tagging, Verification, Reconciliation of Assets and Preparation and Maintenance of Fixed Asset Register as per regulatory requirements.
We offer these services as Fully Out-Sourced Service or Partially Outsourced Service