Asset Verification, Floorplan Auditing, Inspection & Location Services
Asset IQ is now offering its customers the opportunity to incorporate powerful GPS data and Geofencing technology into the asset management tracking process. With GPS technology from Linxup, it’s possible to reduce operating costs and track the locations of vehicles and equipment in the retail and inventory finance sectors, all from a desktop or mobile device.
“On-site inventory checks can be a huge drain of time and travel costs for companies managing assets in multiple locations,” said John McCammond, vice president for partnerships at Linxup. “Incorporating GPS technology into Asset IQ’s auditing and inventory management services allows managers to verify locations and usage from their desks, and provides the added benefit of theft protection and recovery.”
GPS tracking enables managers to locate vehicles and assets in real time, be alerted when assets leave designated areas, and recover lost or stolen equipment much more efficiently. In addition, Linxup provides daily monitoring of maintenance needs and usage. Financial institutions can leverage Linxup to explore new opportunities by being able to track valuable assets in new markets.
“The combination of Asset IQ and Linxup provides a more efficient, more effective way to track valuable assets in the retail and inventory finance sectors while opening up new possibilities for financial institutions looking to expand their market reach,” said Dale Barger, CEO of Asset IQ.
Audit & Assurance Services
Asset IQ provides field inspections, verifications and inventory auditing services for the equipment leasing, commercial lending, wholesale credit and floor plan financing industries.
Our inspection service products are geared toward inspection and verification of collateral, equipment, and real property. Services include leased equipment inspections, general site inspections, business verifications, commercial collections, merchant cash inspections, and franchise inspections, along with a variety of asset and vehicle condition reports.
Audit & Inventory Management
While the concept of auditing remains essentially the same, we find that each customer has their own unique hot buttons. As such, we develop one-on-one relationships with our clients to create a customized audit program that leverages their existing processes and systems with our blend of industry-leading field services.
We seek to learn as much as possible about the business of our clients, their audit requirements, current methods, points of pain and back room processes to help them achieve their strategic goals.