PP&E/Fixed Asset and Inventory

PP&E (Property, Plant, and Equipment) are company assets that are logged as assets in accounting sheets. Fixed asset management encompasses tracking and monitoring of these tangible assets of the business. From construction machinery to factory equipment, and from land and building property to furniture and vehicles are larger assets that contribute to the revenue generation of many companies. These are also larger investments prone to larger risks.

Such investments require proper evaluation, risk management, and maintenance. These assets are liable to depreciation over time and can require insurance. Tracking and monitoring such assets for businesses that are operational at multiple locations can become a challenging task. You will also need proper knowledge of asset tagging and tracking tools, which will make things easier but will still require time and effort.

Your assets and inventory that generate your revenue are crucial for your business and require proper management. Fixed asset management involves tracking equipment, monitoring performance, calculating depreciation and risk, and disposing of expired assets and inventory in the most efficient way. Dealing with such elements can seem daunting and risky.  Fixed asset management can help you achieve:

  • Tracking assets in real-time
  • Monitoring assets across multiple locations and operational sites
  • Increasing production efficiency
  • Improving operational output
  • Maximizing the useful life of assets through proper care
  • Reduction in unplanned downtime and maintenance costs

We believe responsible investing and smart risk management can return superior long-term profitability. We provide automated solutions for growing your wealth with these assets that are difficult to track, monitor, maintain and liquify. You can benefit from our services:

 

 

 

 

 

  • If your business owns tangible assets at multiple locations.
  • If you want to leverage the maximum utility of your assets and inventory.
  • You have invested in larger assets like vehicles and heavy machinery that are difficult to track or maintain
  • If you want to grow your revenue by optimizing the productive efficiency and operational output of heavy machinery.

If you are ready to maximize the profitability of your investment in your fixed asset, you can reach out to us. We are eager to help your revenue grow sizeably by better management of your business-owned assets.

CONTACT

Tovesina

Address: 35 Charles Street, Freetown, Sierra Leone.
Email: info@tovesina.com

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+232 32746064

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