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Custody Transfer

OK let’s say the procurement process is complete and the item has been received, how can we make certain that it actually arrives where it’s supposed to be and stays there? What happens if it is assigned to a different user or location?

Once a purchase order has been entered into our system, and that item has been fulfilled, we know who ordered it and where it is supposed to go. Any changes are also tracked and updated. As the information becomes available we can add the carton ID, the serial ID, asset tag number, model or manufactured part number, etc.

At check-in a quick scan will key the item into our system, match it with the purchase order, and record any necessary additional information including the date, time and the personnel involved at each stage. If manual data entry is needed, the data can be added via the PDA function on the scanning device.

We can now use a mobile bar code printer to create an asset tag that can be affixed to the item, complete with an assigned bar code that contains all the pertinent information. It can be assigned to a person, location and/or a profit center. It can be scanned for easy identification and inventory at any time.

The person accepting it must acknowledge the receipt, which is recorded by signature capture and is also uploaded into the system. That person has accepted full responsibility for that asset.

If the item is reassigned, taken out of service, or destroyed, Prorizon will be able to track it according to the same procedure. The person relinquishing control “signs” it out and the person receiving it accepts the transfer. It is all recorded and tracked as efficiently and automatically as possible.

Consequently, Prorizon is able to extend the tools of management into the areas of custody transfer, asset tracking, and management, inventory control, and interface with legacy accounting systems and procedures. Instead of having to use multiple software and system applications to accomplish all these tasks, Prorizon gives you one Internet-hosted asset control engine that is user friendly, continually updated, and tailored to your specific business process requirements.

 
 
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