Asset

Management

 

In-depth reporting and classification
of all assets through
Technology enriched processes

 

 

 

Asset

Management

 

In-depth reporting and classification
of all assets through
Technology enriched processes

Asset Management is the design and implementation of a system
to assist in the decision-making of asset control, during its life cycle.

 

Maximize the potential and benefits, while minimizing
the related risks of every asset by capturing the
acquisition, use, safeguarding and disposal of the asset.

 

Maintain assets through strategic and operational planning.
Detailed planning around the asset lifecycles,
which includes forecasting future levels of service
and demand needs, analysing the gap between assets
(current capability and future demands)
and implementing custom strategies to bridge the gap.

Asset Management is the design and implementation of a system
to assist in the decision-making of asset control, during its life cycle.

Maximize the potential and benefits, while minimizing the related risks of every asset by capturing the acquisition, use, safeguarding and disposal of the asset.

Maintain assets through strategic and operational planning. Detailed planning around the asset lifecycles, which includes forecasting future levels of service and demand needs, analysing the gap between assets (current capability and future demands) and implementing custom strategies to bridge the gap.

Asset Management
Services and Process Flow

 

We compile a comprehensive Asset Register by following the process below and implementing every stage to ensure accurate classification.

Asset Management Services and Process Flow

We compile a comprehensive Asset Register by following the process below and implementing every stage to ensure accurate classification.

Register Development

Recording all high-level (determined by the highest value or date of purchase) and low-level (determined by the lowest value or date of purchase) assets.

Asset Reporting

All assets will be recorded into the asset register after Asset Verification. The management and reporting consist of the following:

  • Ownership report
  • Protection of the asset
  • Track the existence cycle of the asset
  • Completeness
  • Valuation
  • Allocation adjustments

The report can be viewed through an electronic online asset register.

Asset Compliance

Compliance regulations are adhered to and the register will comply to the different types of entities. In the case of government assets, the register will comply to National, Provincial and Municipal levels. The Asset Policy and Standard Operations Procedures defined by the company will be adhered to in the asset register.

Asset Strategies

  • Planning the repair and maintenance of assets (physical and capital)
  • Management and identification of financial assets and liabilities

Asset Verification

Physical verification of assets through photographs, site inspections and purchase documentation to support the recording of the asset. The information collected on the asset needs to be accurate, valid and complete to correctly categorize the assets.

Asset Validation

  • Asset tracking from register to location (Existence verification)
  • Tracking from location to register (Completeness verification)
  • We consider the following aspects when validating an asset:
    • Valuation Policy
    • Costs
    • Useful Life
    • Current and projected value
    • Scope or Size
    • Condition

NBS has a systematic process to manage, confirm and control the asset register

Our Methodology

 

NBS has a systematic process to manage, confirm and control the asset register

Asset Categorisation

Asset Categorisation

Asset Management Implementation

We secure your assets by identifying shortcomings in your process and bridge the gap by providing sound reporting and maintenance. As a digital transformed company, we strive to make the asset management process easier to maintain, by utilising the latest Asset Tracking tools.

Asset Management Implementation

We secure your assets by identifying shortcomings in your process and bridge the gap by providing sound reporting and maintenance. As a digital transformed company, we strive to make the asset management process easier to maintain, by utilising the latest Asset Tracking tools.

Get In Touch

More Info

Address: First floor, South Block, Culross Court, 16 Culross Road, Bryanston.

Phone: +27 (0) 861 33 33 55