Simplify the review process of your investments and minimize risks. Asset Audit, you can manage the audit of your assets in a stress-free and transparent way.
Get a real-time overview of the current audit of your assets. Within the Lumiform dashboard you can monitor negative responses, overdue inspections and average asset scores. Also track the audit of all reported incidents in real-time.
a professional inspection report when you complete the inspection. The inspection report can be fully customized to your individual needs and contains all the results of the current test stand. Save time by immediately sending the report from the Fixed Asset Inspection app to all responsible persons.
Perform checks faster as you uncover more problems and solve them faster. Quickly analyze all data and identify immediate areas of poor quality and neglected security performance. This saves time for audits and documentation. You'll also save money by reducing accidents, damage to reputation, downtime, and compliance errors.
Create custom forms within minutes. Organise inspections to make sure the right person does all the checklists reliably.
Conduct audits and inspections whether with a tablet or smartphone, Android or iOS – online or offline.
Make sure all issues are quickly reported and seamlessly documented. Keep track of the troubleshooting, and solve issues together as a team.
Don’t waste time on post-processing and digitisation of audit and inspection reports – everything is fully automated. Uncover areas that need your attention through in-depth analyses.
Digitise all quality and safety efforts, and cut down inspection time, with the Lumiform app. And, even more importantly, continuously optimise your quality and safety operations easily, with the Lumiform flow.
Fixed assets can be the largest item on the balance sheet of companies, especially in the manufacturing and healthcare industries. Inadequate records of fixed assets can lead to inaccurate financial reporting. However, missing and important audit details are not uncommon, and necessary information is often overlooked, making it challenging to resolve inaccuracies in future audits of fixed assets. With the software for fixed assets, high quality audits can be performed. Below is a list of the essential features of a fixed asset software solution.
Traditionally, not only is it difficult to physically verify a poorly described asset, but it can also confuse the recipients of the audit report. Thanks to the digital software solution for fixed assets, the description of the asset can be done easily and in high quality via an app. This software avoids errors in the recording.
With the software for fixed assets, you can manage the general life cycle and depreciation values of assets such as land, buildings, vehicles, equipment and other items. Using the data analysis of the fixed assets software does not appear the risks can be detected and avoided by the auditor.
With the software for fixed assets, you can easily perform internal controls for inconsistent application of the capitalization threshold and the allocation of inappropriate lifetimes for the depreciation of fixed assets. Since the total cost of a fixed asset includes the cost of installation work such as Including wages and related benefits, an oversight can lead to work overlap and business interruption.
Even if the person responsible for the fixed assets provides you with all the necessary information for the audit, it may be that the invoice is not available. This is why it has been filed elsewhere or has been withdrawn for specific purposes such as re-orders. This slow turnaround time may mean that you may not be able to find more details in the audit report. With the fixed assets software,you can track exactly what data needs to be tracked and adjusted in the report.
The flexible form construction kit makes it possible to create new individual checklists at any time and to adapt them again and again.
Lumiform’s excellent 24/5 support will reliably answer all your questions about the app when you need assistance using the tool.
The Lumiform App ensures that the schedule is kept. All employees receive notifications about the procedure and due dates. Managers automatically receive notifications when assignments are overdue and problems have occurred.
Keep an eye on your schedule and use the information to identify opportunities to increase your efficiency.
The data you collect from inspections is collected under the Analysis Tab. Here you can access all data and view your performance reports broken down by time, location and department. This helps you quickly identify causes and problems so you can fix them as quickly as possible.
Monitor your team’s inspection performance and identify opportunities to improve the process and efficiency of your operations.
Connect Lumiform’s Software to enterprise software systems.
Keep an eye on what’s happening and identify insights from the information gained to increase your efficiency.