Have you ever failed an internal audit?
an you tell where your financial assets are physically located?
Could you reconcile your fixed assets to your general ledger?

Your company might be losing money every year because of poor asset logistics. There are a couple of reasons why companies lose track of where their financial assets are physically located. The problem could be caused by poor asset descriptions in the financial system (asset bundling within the GL). It could also occur because there is no process to track asset movement or disposal within the company.