Are all of your fixed assets making it to the GL?
Are you spending time looking for an asset that you already disposed of?
Have you ever found yourself in front of an asset that is recorded as disposed on your GL?

Financial systems and operations are not always properly linked, meaning that a fixed asset that is received may not always make it into the GL. This is also true for an asset that is leaving your company. The finance department might not be notified every time a fixed asset is disposed of, meaning your company continues to depreciate this asset slowly instead of writing it off completely.

Miscommunication can sometimes lead to the financial disposal of a fixed asset, even if the physical asset remains in your company. This puts your company at risk of audit failure or tax fraud.

Tracking the asset lifecycle in an asset management system allows better tracking of receipt and disposal of fixed assets. Data harvest, combined with recon, allows your company to accurately track the movement of all IT assets.