Founded in 1989 by an entrepreneur and an executive from the General Motors Tax Staff, AMR focused on developing “best-in-breed” service deliverables to mitigate the tax that large corporations pay on the tangible personal property, plant, & equipment (PPE) utilized in their facilities. In order to optimize the tax benefits, AMR developed a comprehensive approach to Fixed Asset Inventory & Reconciliation (“FAIR”). The FAIR approach was deemed, by clients and even by local assessing authorities, as a methodology that bridged the gaps typically experienced with traditional Book-to-Floor reviews (i.e. statistical approaches to cycle fixed asset reviews dictated by corporate policy). The audit trail developed through the FAIR approach is unparalleled. AMR also became a pioneer in engineering hand-held data collection processes that exponentially improved the quality of the fixed asset inventory results.

Between 1992-1995 AMR migrated the asset inventory expertise into another burgeoning market that revolved around Information Technology Asset Management (ITAM). The ITAM market developed as a result of the major explosion of “distributed” computer equipment. Networking computers meant that no longer was a company’s investment in computer technology limited to one big “glass house”, but rather to employee’s desks and local server rooms. Validating the existence of the equipment through physical inventory became a critical part of managing the computer technology investment and AMR became the leading IT Asset Inventory vendor.

In 2001, TEKsystems purchased Asset Management Resources (AMR), the leading IT Asset Inventory vendor and provider of Fixed Asset Inventory and Reconciliation (FAIR), Baseline Inventory for Asset Management Initiatives, and Personal Property Tax Services. In January 2012, American Appraisal purchased AMR from TEKsystems. Today, AMR delivers services around the world in connection with Financial Compliance, SOX, System Migrations, Property Tax Compliance, Acquisitions, Fresh-Start Accounting, Valuations, IT Asset Management, HIPPA Compliance, and many other reasons.

AMR creates the data visibility...

necessary for best-of-breed asset management practices


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