Asset Verification Services
Helping organisations build, track and verify their asset register
AssetVerify delivers independent fixed asset audit and verification services across the UK, helping organisations build accurate, audit-ready fixed asset registers through on-site barcoding, data capture and reconciliation. Every type of organisation is at risk of having inaccurate or incomplete records in their asset register. We can assist in bringing your fixed asset register up to date by undertaking a physical Fixed Asset Audit.
What we can offer
✓ Independent audit
✓ Systematic data collection
✓ Stringent quality control procedures
✓ Comprehensive reconciliation
The benefits
✓ Accurate financial information
✓ Independent third party audit
✓ Satisfy audit requirements
✓ Sound base for future audits
Why choose us
✓ Experienced audit technicians
✓ Proven methodology
✓ Minimal workflow disruption
✓ Dedicated focused staff
Frequently Asked Questions
You can find the answers to most questions here
Who are we?
AssetVerify is the dedicated fixed asset audit specialist, backed by AssetWare Ltd’s 30+ years in fixed asset software.
What is our fixed asset audit experience?
Our auditing teams are highly trained and are well versed in onsite audits, allowing them to quickly identify equipment and capture all applicable product information pertinent to each asset. We have been conducting asset audits for over 15 years and have experience identifying equipment in the following fields: Corporate Offices, Financial Services Schools, Universities, Colleges and Institutes Hospitals, Surgeries & Healthcare Private and Public Sector Manufacturing Government Services and Laboratories Data and IT Centres.
How long does an audit take?
Obviously this will depend on the number of assets found but an auditor will typically verify between 200-250 assets, and can collect/record 150-175 new assets per day. We’ll agree a project timeline with you upfront and scale our team to hit it.
What does a fixed asset audit cost?
Cost depends on asset volume, number of sites, and whether barcoding is required. We provide a fixed, no-obligation quote after an initial scoping call — there’s no standard day rate we can quote blind.
What data do you capture for each asset?
Location, room/floor, description, manufacturer, model, serial number, condition, purchase cost (where known), warranty/service information, and a photograph if required.
Do you provide the barcodes, or do we need our own?
We supply barcodes suited to your environment as part of the audit, or we can work with an existing tagging scheme if you already have one.
Will an audit disrupt our day-to-day operations?
Our teams are trained to work around your business, not through it — audits are typically scheduled to minimise disruption to staff and operations.
Do you work with our existing fixed asset register or accounting software?
Yes — we reconcile our findings against your existing register, whatever system it’s held in, and can supply reports in the format your finance team needs.
What industries do you have experience in?
Corporate offices, financial services, healthcare, education, manufacturing, public sector, and data centres/IT — see Industries for specifics.
Is the audit independent, or could our current asset manager just do it internally?
An independent third-party audit carries more weight with external auditors than an internal review, and removes any risk of unconscious bias in what gets counted or written off.
What happens to assets we can’t find?
We flag any register items we can’t physically locate so you can make an informed decision on write-offs, rather than carrying “ghost assets” on the books indefinitely.