Optimizing Capital Assets in Higher Ed: Best Practices for Compliance and Efficiency

Discover the best strategies for managing your institution’s capital assets, ensuring compliance, and maximizing efficiency with cutting-edge technology.

Are you responsible for managing capital assets at your higher education institution?

Whether you’re in charge of tracking assets, ensuring compliance with federal regulations, or optimizing cost allocation strategies, this On-Demand webinar is for you.

In this webinar, you will learn:

• Capital Asset Management Best Practices
• • Key strategies to improve inventory management, tracking and accounting.
  • Implementing physical audits and compliance tracking with minimal disruption.
• Compliance with Federal Regulations
• • Understanding regulatory frameworks like OMB 2 CFR Part 200 (Uniform Guidance) and the associated compliance requirements.
  • Asset addition, disposal procedures, and best practices to maintain compliance.
• Maximizing Indirect Cost Reimbursements
• • How to navigate cost allocation strategies to optimize F&A (Facilities and Administrative) reimbursements.
  • Analyzing the financial implications of capital assets, including depreciation.
• Technologies to Streamline Asset Tracking
• • Comparing asset tracking tools: spreadsheets, ERP systems, and RFID technology.
  • How to reduce inventory time, enhance accuracy, and improve audit processes using RFID solutions.