employee spotlight

Employee Spotlight: Mike Fister

At HCA, we believe that our driven team and incredible clients are what set us apart.  Our team is energetic and self-motivated, always looking for ways to learn and improve. At HCA, we believe that support is key to creating a strong team,…
What Factors in Today’s Environment are Impacting Property Appraisals?

What Factors in Today’s Environment are Impacting Property Appraisals?

We’re living in an unpredictable environment - from economic disruptions to a hard property market to the impacts of COVID-19, there have been many factors in the last few years that have had an impact on property values and the need for accurate…
rfid tags for asset tracking

Why You Should be Converting to Passive RFID for Asset Tracking

While certainly an improvement over not tagging at all, barcode tags have existed as the gold standard for tracking assets for nearly 30 years. Historically radio-frequency-identification (RFID) technology hasn’t had the best reputation for…

How to Keep Your Institution’s Asset Management Compliant

To keep your institution’s asset management compliant, physical capital asset inventory verification is required every two years per 2 CFR 200 Uniform Guidance (UG). Some state and agency-specific mandates may require inventory verification…

Quality of Underwriting Data

After working with numerous clients on the quality of their underwriting data, there are three attributes of commercial properties that underwriters shouldn’t take for granted - construction classification, physically verifying the area, and…

3 Tips for “Spring Cleaning” Your Assets

​​Did you know that 45% of your capital asset data is likely inaccurate or incomplete?  Inaccurate data can mean audits, operational interruptions, compliance violations, or even paying insurance on assets that are no longer in your…
What Does it Mean to Have an Integral Asset Management Partner?

What Does it Mean to Have an Integral Asset Management Partner?

No matter the size of a project, large or small, every project is worth doing right. Your assets should never feel like a liability; therefore, you need an asset management partner who you can fully trust. That’s where we come in. We’re…
What to Know About F&A Optimization for Your Institution

What to Know About F&A Optimization for Your Institution

The asset verification process is often one of the hardest requirements to accurately fulfill due to limited organizational resources. Most departments do not have the resources to invest in a complete inventory verification and reconciliation…
How to Best Optimize Depreciation Components

How to Best Optimize Depreciation Components

Did you know that the depreciation of building costs over 40 or 50 years of composite life doesn’t take into account that many of the structure’s individual components won’t last that long?  When the depreciation method is used for…
Appraisal Valuation Frequency and Focus

Appraisal Valuation Frequency and Focus

Did you know that the industry best practice for onsite appraisals is anywhere from 3-7 years? Given the recent wild swings in construction material and labor costs, ignoring a regular review of your property schedules could prove to be a costly…
The HCA Approach

The HCA Approach

We're your integral partner, always available to help. We understand the risks that come along with asset management and how overwhelming it can be. Our goal is to simplify your process and make it easier for you. The HCA approach is how we…
Practical Solutions to Improve Asset Management in Your Institution

Practical Solutions to Improve Asset Management in Your Institution

It’s no secret that capital assets typically represent one of the largest values in your financial statements.  Many higher education institutions are faced with the dilemma of reduced resources and increased compliance demands in numerous…