Take Fixed Asset Management Automation a Step Further

Published On:
August 07, 2023
Authored By:
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Maximizing tax savings through accurate depreciation deductions is an easy way CFOs can ensure a finance organization is doing everything it can to manage costs and protect the bottom line.  On the flip side, incomplete and inaccurate fixed asset management and reporting can negatively impact the bottom line with overpaid taxes and insurance.  A process for managing and accurately calculating an organization’s fixed assets must be well-designed, effective, and measurable. Technology has enabled innovation in how to approach fixed asset management.

This article looks at cross-industry data on four key performance indicators to help organizations gauge how efficient and effective its fixed asset accounting practices are within their finance function.