KeyTone Asset Tracking Webinars

Three Ways to Make SOX Compliance Not a Pain in Your Asset Management

Date: October 5, 2010 at 11am to 12pm PST

Speaker: Ed Winder, EVP Keytone Technologies

The end of each fiscal year can be a hectic time for many companies as they have to comply with the Sarbanes-Oxley Act (SOX), a U.S. legislative mandate designed to ensure that companies practice accurate financial reporting. An average US company spends approximately 26,000 hours of labor to comply with it. Much of this burden is a direct result of inaccurate data—relating to such things as goods sold or manufactured, or the acquisition of valuable assets—being manually inserted into enterprise reporting systems which then feed the erroneous data into software made specifically for SOX reporting.

Specifically for corporate assets, SOX section 404 states that companies must verify each and every asset physically and with their system before reporting. KeyTone’s RFID solution helps companies automate asset tracking throughout its entire lifecycle enabling asset inventory reporting in conjunction with other enterprise systems. This webinar will provide the following:

• A quick overview of SOX requirements
• An approach to automating the asset procurement, usage and retirement processes
• Asset auditing
• SOX reporting

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Four Ways to Increase Asset Utilization by 50% in Three Weeks

Date: October 19, 2010 at 11am to 12pm PST

Speaker: Ed Winder, EVP Keytone Technologies

A Fortune 100 networking company has research and development laboratories globally which are used to perform tests, prototype new products with their networking devices. The equipments within the lab are either in racks or in mobile carts. It is critical to know the exact location of the equipment within the lab to both ensure that the equipments were calibrated on periodic basis and to be able to maximize equipment utilization through sharing. As a part of process they have to cycle count large number of assets on a regular basis and it is a very time consuming exercise on manual basis resulting into inaccurate inventory. The inability to locate the equipment meant that there were new purchase requests generated to ensure that adequate equipment was available for project execution leading to additional capital investments and project delays. KeyTone’s RFID solution addresses the needs of lab managers to track these assets and improve their utilization. This webinar will focus on discussing the success criteria for implementing such a solution which will:

• Locate assets on demand resulting in a reduction in the time taken to fulfill equipment requests leading to on-time and on-budget project execution
• Eliminate non-calibrated equipment within lab resulting in the higher equipment availability and utilization
• Reduce equipment shrinkage, return and reconciliation costs through improved planning, procurement and allocation
• Asset inventory
• Enable istantaneous reconciliation of inventory within the lab resulting in the elimination of manual cycle counts

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Five Considerations in Selecting an RFID Partner for Asset Tracking

Date: November 2, 2010 at 11am to 12pm PST

Speaker: Ed Winder, EVP Keytone Technologies

Climbing Mount Everest without a Sherpa to guide you is just about as challenging as trying to teach yourself how to deploy a working RFID solution without the support of an experienced RFID partner.

As an end-to-end RFID solutions provider, we have seen and experienced what it takes to deploy a RFID solution that is best breed, works reliably and realizes savings from operational efficiencies for you. With the trend toward interoperability between track and trace system and enterprise applications, the not-so-subtle differences between product, network, and system integrators take on additional significance.

This webinar will guide you to selecting an experienced and reliable RFID partner who not only understands your business requirements but also proposed a cost effective solution that address your business pain points within months.

At the end of this webinar, you will have a clear understanding of the selection criteria for choosing a partner but also the types of resources you will need to make this RFID initiative successful.

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