How the University of Michigan Improved Capital Asset Accountability Through Technology
For many colleges and universities, capital asset management has become a balancing act. Institutions are expected to maintain accurate asset records, satisfy increasingly rigorous compliance requirements, and demonstrate responsible stewardship of equipment purchased with institutional, state, and sponsored funding. Additionally, they need to do all this while operating with leaner teams and fewer resources. Unfortunately, […]
The Offboarding Risk No One Anticipates in Capital Asset Tracking
Employee transitions are a normal part of life in higher education institutions, but they create a surprising vulnerability in capital asset management practices that many organizations do not discover until it’s too late. When researchers, staff, or faculty leave, equipment can leave, and sometimes capitalized assets inadvertently leave with them. Most of the time it […]
Asset Tracking Compliance Without Spreadsheets
Spreadsheets have long been the default for tracking capital assets, but they’ve outlived their usefulness. Every audit cycle, institutions face the same headaches: missing updates, unclear ownership, duplicated records, and hours spent reconciling files passed between departments. The problem isn’t your team. It’s the tool. Spreadsheets were never meant to manage thousands of assets across […]
What CFOs and CIOs Actually Want From Asset Tracking Software
Finance and IT leaders rarely approach new capital asset management technology from the same angle. CFOs focus on accuracy, audit readiness, and the integrity of data flowing into financial systems. CIOs prioritize security, reliability, and how easily a solution fits into the existing technology stack. Asset tracking technology has historically failed to satisfy both groups […]
The Hidden Cost of Poor Asset Tracking
For most institutions, the goal of capital asset tracking is clear: know what you have, where it is and its value. But when tracking processes break down, the consequences go far beyond missing improperly valued equipment. Untracked, duplicated, or misreported assets expose schools, governments, and health systems to compliance risk, audit findings, and wasted capital. […]
What is the Best Asset Tagging Approach for Your Asset Management Program?
Asset tracking has come a long way from clipboards and one-time-a-year walkthroughs. As demands around inventory accuracy, audit readiness, and real-time reporting increase, so does the need for more modern, flexible tagging methods. At KEPR, we work with higher education, healthcare, and public sector companies who manage thousands of capital assets across multiple buildings or […]
How Dekalb County streamlines capital asset inventories for audit compliance and efficiency.
For public sector organizations like Dekalb County, Georgia, maintaining an accurate inventory of capital assets is essential. With internal controls under constant scrutiny and external auditors demanding detailed documentation, the ability to confidently track and verify capital assets is a requirement for both financial reporting and operational integrity. That’s where asset tracking technology like KEPR […]