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Physical Verification Audit with PAN India Support

We conduct physical verification of your Fixed Assets, Inventory and Stock in Trade at locations across PAN India.  These services are available on time bound assignments - monthly, quarterly and annually.  


Our Audit Associates will confirm to your defined process to ensure due compliance of the Statutory Audit requirements.  


We not only report on the variance but ensure to improve your process to achieve more effective way of inventory and asset tracking systems.


Our customized audit process with strategic methodology carried out by trained teams will ensure 100% physical verification.  


Our Audit Reporting Structure include :- 

  • Variance analysis as per the system and physical
  • 100% physical count and confirmation
  • Location based reporting
  • Reporting on value and comparison of the previous report
  • Reporting on Stock Holding Pattern
  • Qualitative Reporting on Stock Yard safety and security
  • Advisory on Process & Performance Improvement 
  • Identified reports on Usability / reliable value of stock / asset

Service Excellence

Physical Verification of  

  • Inventory
  • Retail Stock in Trade
  • Fixed Assets 
  • NPA Assets 


Our industry expertise

  • Healthcare
  • Telecom
  • IT Network 
  • Retail Showrooms
  • Automobile
  • Construction


Our services are available across PAN INDIA in 65 cities across 22 states.


Our physical verification audit reports are prepared in line with the reporting requirement for Statutory Audit compliance.

Physical verification of Fixed Assets

We specialise in Fixed Assets Physical Verification Service, designed to enhance the accuracy and integrity of your asset records. We provide comprehensive solution to streamline your asset management processes.

Our Physical Verification Service entails conducting regular on-site inspections of your fixed assets, ensuring that your records align with the assets physically present in your organization. Our team of experienced professionals will meticulously examine and verify each asset, cross-referencing it with your existing records. This process includes conducting physical counts, verifying asset descriptions and specifications, checking serial numbers, and identifying any discrepancies that may exist.


By partnering with us, you can benefit by: -


Improved Financial Reporting: Our physical verification of fixed assets process will help to ensure the reliability of your financial statements, by identifying the discrepancies between the actual assets and the recorded information, enhancing transparency and credibility of Fixed Assets Register. 


Risk Mitigation: Physical Verification helps to identify potential areas of risk like discrepancies, loss, or misuse, by confirming their existence, condition, and location. Thus, allowing you to take proactive measures to protect your valuable assets.


Regulatory Compliance: Our physical verification service can assist you in meeting accounting compliance standards and provide documentation for audits or regulatory inspections.


Depreciation Calculations: Physical verification assists in the accurate calculation of depreciation expenses by providing up-to-date information on the assets' condition and useful life.


Enhanced Asset Management: Our service will help you identify underutilized assets, track depreciation accurately, and make informed decisions regarding repairs, replacements, or disposals.


Technology and Process Driven Solutions: We conduct physical verification by various methods such as barcode scanning, RFID technology, or manual inspection to identify, locate, and reconcile fixed assets.

We do Retail Units Quality Audit to evaluate the Customer Experience through the Mystery Shopping and Audit. We measure quality of service and customer experience at the Retail Units and report on the compliance norms of the Brand and report on the specific information about the Products and Services. We conduct discreet inspection and audit to evaluate the given parameters for quantifying the Customer Experience and Brand Image.


We provide true and unbiased account of the customer experience in Chain Retail outfits for Textile, Mobile, Automobile, Banks, Restaurants, Luxury, Pharmacy and Chain of Hotels. These inspection audits are done without notice and we gauge the customer sentiment about the Brand, Products and in specific about the Corporate Identity.


It is an opportunity for the Brand to assess and review customer service, presentation, and brand positioning. We not only interact with the staff members but also converse with the other customers in the premises to gather and report on their experience too.


Our Mystery Shopping and Audit is tailored to the Brand’s need. We create the Mystery Shopper / Auditor Profit and Train them through our internal resources to ensure compliance of the norms set for the reporting structure. 

Through our Mystery Shopping and Audit, we: -

  • Evaluate and measure the Customer Experience
  • Measure quality of service 
  • Measuring Retail unit hygiene 
  • Measuring the overall personality of staff – Staff Grooming
  • Evaluating adherence to standard operating procedures for Brand 
  • Inventory Planogram and visual display
  • Identify the deviation to the display SOP’s
  • Measure the Product Knowledge of the Retail Staff Members 
  • Identify the Other Customer Experience 
  • Report on the Store Ambience 
  • Report on Customer Convenience 
  • Cashier Interaction during Billing, Payment Process and Delivery 
  • Specific incident reporting – Both Positive and Negative
     

Our Teams are well trained and geo-tagged to ensure that we have the local customer experience to evaluate. We use predominantly google forms which are designed to suit the Brand specific to capture the experience and are user friends and cost-effective solution. These completed reports are centrally processed with due quality check by our experts and reported within 48 hours of the audit as Individual Retail Unit Report.  The Client will have the access to these reports which are stored location wise, retail unit wise, month (or) periodically.

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