This document discusses fixed asset tagging to identify, protect, and control fixed assets. It recommends tagging and tracking fixed assets using barcode labels and software to improve financial accounting, business valuation, theft deterrence, and preventative maintenance. The document promotes a specific fixed asset management software called HARDCAT, describing its functionality, customers, and case studies. It concludes by providing contact information for the presenter's asset tagging company.

1. Fixed Assets Tagging
Identification, Protection and Control
Medhat Alazzeh
Chief Operating Officer “COO”
P r e s e n t e r :
Identify,
Protect and Control
your
FIXED ASSETS
Ata Assaudia Technology - C.R. No. 1010571832 - Kingdom of Saudi Arabia

2. What is it?
A process that seeks to track
Fixed Assets for four purposes:-
Financial Accounting
Business valuation
Theft deterrence
Preventive maintenance
Organizations face a
significant challenge
to track the location,
quantity, condition,
maintenance and
depreciation status of
their fixed assets.

3. Regulations require
you to know what
fixed assets you own
along with their
condition, location,
and value.
What is in common … !
According to Asset
Management
Resources (AMR)
“After 14 years of
experience, AMR has
repeatedly found that
65% of fixed asset
data is incomplete,
inaccurate, or
altogether missing.
65%
Inaccurate
records
Research has shown
that the average
organization’s fixed
assets register is off by
15% - 30% because of
assets that are no
longer usable, lost, or
stolen.
20% Ghost
Assets

4. What you need?
To manage a profitable
business, the
management needs to
know the current
location, use, state of
repair, and usefulness
of its productive assets.
The CFO has a duty to
ensure a system is in
place to provide this
information.

5. How can we help?
Mitigate risks of loss
or theft of assets
Eliminate
“Ghost”
Assets.
Electronic assets
tracking and control
Maintain regular
maintenance
schedule
Reduce time
consuming
Maintain a consistent
depreciation calculation
over assets useful life
cycle
Control
capex
Prevent the
overpayment of
insurance premium
Establishing a solid and
accurate baseline is
essential; if you begin
with faulty numbers,
your numbers will
always be faulty. Never
trust an old system. Go
back to the physical
inventory of your items
to ensure they have all
been catalogued and
that they have been
catalogued correctly.

6. How we do it?
Identify,
Protect and
Control your
FIXED ASSETS
Coding Tagging ReconciliationBaseline
Software
update
Establish an
accurate
threshold based
on the actual
purchase.
Implement the
best practice of
categorization
and barcoding
Fix the tags on
existing fixed
assets and
pinpoint the
physical
location
Eliminate “ghost”
assets, recognize
unregistered
assets and match
physical with
fixed assets
register
Upload clean
data to
Software and
customize
reports.

7. Our software partner
Over
3,000
Customers
Over 120
Countries
30 years
experience
HARDCAT is an
Australian software,
was developed in
1986.
It has four offices
worldwide, Australia
(HQ), USA, UK, and
Africa.
HARDCAT
It is a Fixed Asset Management
Software, Asset Tracking Software,
Asset Data Capture Services and
Asset Auditing Services

8. Software ranking
That does not mean there are four million asset
tracking software programs out there, but there is
a tremendous amount of them available.
Would require a
large amount of effort
to review each one.
has
ranked HARDCAT one
of the Best Ten Assets
Tracking Systems.
The ranking was based
on the features,
usability, and highly
effective user
interfaces.

9. Case Study – Hospitality and Tourism
The O2 UK – “Millennium Dome”
The Issue
Solution
Benefits
NMEC has faced a critical issue in
asset tracking and asset management
on and between the locations. Importantly, the NMEC also
needed to calculate and report on the financial
depreciation of the assets under their control.
All equipment under NMEC's control
was bar-coded for unique
identification. This then enabled each asset to be managed,
monitored and reporting for the calculation of depreciated
net book value.
• Improvements in tracking
accuracy.
• Asset depreciation monitoring.
• Time efficiencies.
"Initially, we were only
going to use HARDCAT
for tracking assets, but
the fact, it made us
prepared for the disposal
and re-deployment of
assets after completion
of the dome's
construction.“
Ian Rees – NMEC fixed asset manager

10. Case Study – Health care
Monash Health - a large Australian hospital network
The Issue
Solution
Benefits
The full range of assets, including
medical equipment and instruments,
physiological monitoring equipment,
anaesthetic equipment, diagnostic equipment, had to be
audited and entered into HARDCAT quickly, without any
interruption to the normal running of the hospitals.
HARDCAT staff barcoded 14,000
assets, with all relevant information
such as location, serial number, etc, and entered them into
HARDCAT. and reconciled the old system to the new data
in HARDCAT, and they balanced it to the cent.
HARDCAT accomplished the asset
audit in a professional manner, with
no disruption to services for Monash Health patients,
which was a priority to the Network.
"I would be only too
happy to recommend
both the HARDCAT
software as well as
HARDCAT Business
Services to any
organisation looking to
control their assets."
Phil Whitmee – Monash Health

11. Software functionality
Fixed Asset Register is the core of the HARDCAT Asset
Management System, and provides the foundation for
optional add-on modules to extend functionality.
Automate Your Asset
Auditing.
Allow virtually any
depreciation scenario to
be handled.
The Maintenance Module allows users
to set up common tasks or templates
and automatically create scheduled
Work Orders.
Offers comprehensive management
control of all order processing of
assets, from budgeting, purchase
order, goods delivery, to invoicing and
final disposal
Depreciation
Preventative Maintenance
Procurement
Tagging
Fixed Assets Register
“HARDCAT is the best of the
best” Canon – USA
“I would have to say
HARDCAT is the best asset
management software I have
ever used.” Bostik – Australia
“HARDCAT is a niche product
with no competitor we could
find.” Sytel - USA
What they said about us
Identify,
Protect and
Control your
FIXED ASSETS

12. Happy Customers
Banks
ANZ Bank
Australia
Hotels
Intercontinental
Australia
Government
Parliament of
Western Australia
Telecom
MTN Africa
Utilities
South Australia
Water Corporation
Hospitals
Benenden hospital
UK
Manufacturing
Bridgestone
Earthmover Tyres
PORTS
JFK Airport New York
La Guardia Airport New York
Port of London Authority
SMIT Subsea Middle East LLC

13. Contact us
www.ataassaudia.com www.ministag.com www.floppyinfo.com www.sejillat.com
Medhat Al Azzeh
Head of Ministag
Ata Assaudia Technology
Mob :+966 5 44 81 87 25 | Landline: +966 11 208 2812
Email: mia@ministag.com | info@ministag.com
Riyadh – Kingdom of Saudi Arabia