Fixed Asset Inventory

Fixed Asset Inventory and Reconciliation (FAIR) Services

AMR Fixed Asset Inventory and Reconciliation

At the heart of AMR’s fixed asset management services is wall-to-wall validation of your fixed assets through a fixed asset inventory and reconciliation (FAIR). It is the proven best practice for validation and verification of fixed assets.

First, we perform a comprehensive asset inventory. Then we reconcile inventory-validated data to your financial records. Only a FAIR can provide the absolute confidence you need to reduce your tax burden, validate your fixed asset ledger, and make better business decisions.

This comprehensive process provides:

  1. A physical wall-to-wall validation of fixed assets in your facilities using advanced barcode inventory or RFID technology
  2. A 100% reconciliation of those assets to your fixed asset ledger. Floor-to-book reconciliation ensures your physical inventory matches your financial reports
  3. Populate corporate systems and databasesA detailed book-to-floor review and reconciliation of all booked assets that may not be identified during the inventory – this includes buildings, improvements, process and infrastructure assets, and other non-taggable assets such as software
  4. Data fortification, adding valuable attribute information such as make, model and serial number to each data record, attaining 95%+ accuracy in the completeness of your data
  5. AMR can then provide fortified data for populating your corporate systems and databases – so you have the best data going forward

At the conclusion of the AMR FAIR process, you’ll have the information you need to reduce your personal property tax burden, ensure Sarbanes-Oxley compliance, and get more from your information resources.

Get the facts

Get the facts

It is not uncommon for 65% of all corporate fixed asset data to be incomplete or inaccurate. Worse yet, 10% to 30% of all recorded fixed assets are no longer owned. Read our white papers for more industry news and statistics.

A FAIR from AMR is the best way to validate the data your business depends upon. Our track record speaks for itself. Check out our customer success stories and our customer list.

Interested in find out what your assets are worth? We can provide a certified opinion of the fair value of your assets through our valuation services.

Take control of your fixed assets – contact Asset Management Resources by completing the form below or call 877-401-4639. Once submitted, your information will be sent to an AMR professional in who will contact you to discuss your inquiry.

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