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Applications

Asset Management: Activating Resources

Companies save millions every year by employing thoughtful asset management. An integrated understanding of business assets uniquely qualifies AccuVal to design and implement strategies that optimize asset use. The firm helps companies identify and reuse, redeploy or dispose of idle and surplus assets. This improves return on investment, increases utilization and efficiency, minimizes tax liabilities, reduces maintenance costs, and creates an important source of revenue from sales of unproductive assets.

Disposition

Through the resources of sister company LiquiTec Industries, Incorporated, AccuVal helps customers maximize the return on and of their investment by conducting live Webcast auctions, online auctions, orderly liquidations and brokerage.

Productivity assessment

Companies maximize the productivity of machinery by understanding the extent to which it is utilized and identifying functional obsolescence that is impacting operations. Through studies of this type, AccuVal recommends modern technology and methods that increase profitability.

Inventory management

Proper inventory management drives profitability. AccuVal helps companies make the most of this resource by identifying ways to improve:

  • Turnover
  • Mix
  • Balance
  • Manufacturing processes
  • Storage disciplines
  • Systems
  • Distribution

AccuVal, together with LiquiTec, helps companies develop and execute strategies to identify and liquidate slow-moving inventory, keeping stock fresh and cash resources productive. AccuVal appraises a broad range of inventories in all stages of production, as well as finished goods sold through wholesale and retail distribution. Learn more about inventory appraisals.

Investment recovery

Through thoughtful investment recovery, companies save millions every year by identifying and reusing, or disposing of, surplus assets. This improves return on investment, increases utilization, minimizes tax liabilities, reduces maintenance costs and creates a source of revenue from sales. To recover the value of underutilized assets, AccuVal considers many options, including:

  • Redeployment
  • Return
  • Disposition
  • Trade
  • Donation

Life cycle studies

Life cycle studies estimate the useful and economic lives of assets and consider the costs and benefits of such an investment.

Tracking & tagging

Accurate property records provide the information needed to make good business decisions. With state-of-the-art technology, AccuVal bar codes the fixed assets, creating an accurate inventory listing that can be updated efficiently and reconciled to the general ledger and tax returns. Accurate property records help companies:

  • Maximize return on investment
  • Minimize insurance premiums
  • Keep tax records accurate
  • Provide proof of loss for insurance claims

Regular updates are easy and inexpensive, ensuring that records accurately reflect changes in the market and to the property.

Useful life analysis

AccuVal helps estimate the period of time over which an asset may reasonably be expected to perform the function for which it was intended.