Be Audit-Ready with Asset Reconciliation Tools

Be Audit-Ready with Asset Reconciliation Tools

Reconcile Assets to Your Financial Records

If you are preparing for an audit, you need to know that your asset register matches your actual asset inventory. Accurate fixed asset registers are also essential for compliance with regulatory acts like Sarbanes-Oxley.

So, how confident are you in the accuracy of your asset register?

Why You Need Asset Reconciliation

Techtrack's RECONTM service helps you identify assets that have been disposed of or that are missing and should be written off. The end results are:

  • tax savings
  • a complete and accurate asset database that can be used for internal audits
  • current and easily accessible asset records you can use to ensure regulatory compliance

Inventory Solutions and Reconciliation

Before you can reconcile your assets to your financial records, you need a current inventory of IT assets. Our Data HarvestTM service provides a complete inventory with industry-leading levels of accuracy. It is the perfect prelude to our RECON service.

If you have recently undertaken an asset inventory, you can use our RECON service as a standalone tool for reconciling your inventory to your asset register.

Whether you pair it with Data Harvest or take it on its own, RECON is the solution you need. Our professionals use methodologies that increase accuracy and reduce the amount of time spent on data reconciliation projects.

Key Results from RECONTM

Our team audits current sources of information and reconciles them to the main asset repository. After Techtrack's RECON is completed, you will receive a comprehensive report that shows you:

  • the physical assets that were matched to your books and the corresponding level of certainty of the match
  • the physical assets found in your physical location that were not found on your books
  • the assets showing on your books that were not found in your physical location

Contact us today to learn more about RECON, your ideal solution for asset reconciliation.