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Asset Information

Total Number of Assets

Enter the number of fixed assets your organization owns, or make your best guess.

500

0 25,000

Average Asset Value

Enter the average value of one of your assets.

$500

$0 $25,000

Cost of Ghost Assets

Percentage of Ghost Assets

If you're not sure, 10% is a good estimate. This number maybe as high as 20 to 40% for some organizations.

%

Percent Value Remaining

This is the amount of value left in your ghost assets. If you are not sure, 50% is a good estimate. This number could be higher or lower depending on how new or old your assets are.

%

Cost of Ghost Assets cont.

Federal Tax Rate

Average rate is 25%

%

State Tax Rate

Average rate is 5%

%

Business Property Tax Rate

Average rate is 3%

%

Property Insurance Rate

Average rate is 1%

%

Cost of Audit

Number of Personnel Conducting Audit

Enter the number of personnel needed to conduct your annual fixed asset audit.

Days Spent Per Year on Manual Audits

The average audit takes four weeks (or 20 business days) to complete.

Cost of Daily Searches

Number of Operations Personnel

Minutes Spent on Asset Searches Per Day

Over half of companies report operations personnel perform at least one search for assets per day and that these searches can take up to an hour each.

Potential Savings

Percentage of Assets Tracked

Tracking even a portion of your assets, such as IT equipment, delivers significant savings.

100%

0% 100%

1 Year Savings

$0

3 Year Savings

$0

5 Year Savings

$0

Schedule a Demo

See RedBeam Asset Tracking in Action

RedBeam Asset Tracking Demo

Our free demo includes:

RedBeam Improves Your Bottom Line

No Manual Reporting Required

5x Less Labor Hours Needed

70% Faster Audits

Unlimited Assets & Locations