SERVICES
Accounts Payable
Protect Your Investments With Smart, Reliable Fixed Asset Management
Track, monitor, and maintain your equipment with accuracy. Reveloop Accounting helps you prevent losses, reduce downtime, and maximize the long-term value of your assets.
What Is Fixed Asset Management?
Fixed asset management is the process of tracking, monitoring, and maintaining your organization’s physical equipment from servers and machinery to vehicles and building systems. These assets often represent a large part of your company’s total investment, sometimes up to 40% of its value.
Because these assets are expensive and essential for daily operations, effective management is crucial. With proper oversight, businesses avoid unplanned downtime, equipment failures, and asset loss ensuring everything runs smoothly and profitably.
Why Managing Fixed Assets Is Essential
A poorly managed asset system can lead to:
Lost or misplaced equipment
Costly breakdowns
High repair expenses
Safety issues
Delayed operations
Financial reporting inaccuracies
When fixed assets are tracked and maintained correctly, your business becomes more efficient, more predictable, and more profitable.
Reveloop comes along site you to support you in the following AP functions
- Ability to track and monitor fixed assets.
- Effective oversight of equipment and machinery in multiple locations.
- Lower maintenance costs.
- Improved operational efficiency.
- A rich record of retired, sold, stolen or lost assets.