Formed in 1987, Asset Systems Inc. is a privately held company specializing in asset tracking and management. Our mission is to deliver the most complete, fault-free solutions to each customer, tailored to their unique requirements. We do this by designing our products to be functionally rich and highly adaptable. Next, we develop all of our software in the US using the latest proven technologies. Each product is rigorously tested both in-house and in the field through our inventory service practice. Finally, we train and support each client to equip them with the tools and knowledge to successfully manage their assets in the future.
We have provided solutions to all levels of government and education, not-for-profits, healthcare, and all sizes of for-profit companies including many in the Fortune 500. We have distributed our products throughout North America. Our products and service offerings include software, hardware, labels, training, support and inventory services.
We believe that asset management is fundamental to the proper administration and health of an organization. Our goal is to provide unequaled solutions to our clients in order to foster a climate of professional challenge for our employees and meaningful returns to our investors.
Most organizations are required to properly identify, account and inventory fixed assets. All products and services that we provide comply with the following regulations:
- Financial Accounting Standards Board ASC 360 and FASBAB Executive Order 13327
- Sarbanes-Oxley Section 404
- Statement of Auditing Standards Number 1, and 26
- Internal Revenue Code Section 1016
- Governmental Accounting Standards Board (GASB) 34 and 35
- Office of Management and Budget (OMB) Circulars A-21 (CFR Part 45), A-110 and A-133
- ASTM International Standards
Additionally, many organizations are subject to additional state or federal requirements based on location of activities, type of assets and industry regulations. For further information on Compliance issues, click here to download a copy of our white paper on Fixed Asset Auditing.