Thanks to the way that equipment tracking tags and real-time tracking work, audits are easier. Why might this be the case, you ask? It’s simply because most, if not all of the information you need is readily available.
You will have a lot of the figures you need for your audit. That is if you have already entered the value of each asset into the individual digital profiles. You may also have the value of your business if you’ve entered invoice-related values.
When it comes to the subject of accountability with regard to audits, all should be ok. You know what your sales figures are as you’ve exported data from the software. You can then see how your business is doing. Finally, it’s possible to understand whether asset values have depreciated. Again, this information can be seen by exporting data. Simply export the data in the form of a report to PDF and you can have almost instant access to it.
Publisher: Source link