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Fixed Asset & Inventory Audit Services

Expert Fixed Asset & Inventory Audit Support.
Assured Accuracy & Zero Disruption.

Ensure optimal resource utilisation and precise financial reporting with MYND’s Fixed Asset & Inventory management service. Our expert auditors verify your fixed assets and inventory records, ensuring complete accuracy and transparency across locations. Clear insights empower you to identify discrepancies, optimise asset utilisation, rapidly complete final reconciliations and forecast shortages or excesses with ease.

Tech-optimized audits
Our highly trained auditors use barcode & RFID tagging to track and prevent discrepancies

Granular reporting & analytics
Detailed reports to get actionable insights, flag variances and speed up final reconciliations

Scalable Service Infrastructure
Rigorous planning, route mapping and logistics management for large-scale audits

Looking to move from reactive to proactive asset & inventory management?

Service Offering

Track. Report. Plan. End to End Asset & Inventory Management.

MYND’s fixed asset & inventory service offers a comprehensive solution that can be customised and scaled according to your requirements. Expert back-end and field teams work together to deliver a modular, end-to-end service covering everything – from audit training to tagging to final reconciliations.

The Complete Offering

Fixed Asset Management:

Inventory Management:

A Fixed Asset Solution Tailored to Your Needs

Whether you are seeking brand consistency across outlets, verifying fixed assets, or reconciling complex inventory data, MYND customizes solutions to match your exact requirements.

Turning complexity into clarity, enabling confident financial decision-making

Benefits

Unmatched Accuracy. Complete Compliance. Proactive Planning.

Benefits

01

Data-Driven Decision Making

Leverage real-time reporting and actionable insights to make informed strategic decisions.

02

Stronger Governance & Risk Mitigation

Ensure compliance with financial regulations and internal policies through verified asset records.

03

Optimized Capital Planning

Improve budget forecasting and capital expenditure decisions with reliable asset data.

Benefits

01

Accurate Financial Reporting & Compliance

Ensure precise asset valuation, depreciation tracking, and adherence to accounting standards.

02

Improved Internal Controls & Accountability

Maintain transparency with audit trails that enhance oversight and reduce discrepancies.

Benefits

01

Enhanced Asset Visibility & Utilization

 Track asset availability in real time to minimize downtime and maximize efficiency.

02

Streamlined Maintenance & Lifecycle Management

Reduce costs and extend asset lifespan with proactive tracking and upkeep.

Don’t Just Take Our Word for It

Enhancing Hospital Service Reconciliation Efficiency

  • Industry: Healthcare
  • Service: Claims Management & Reconciliation
  • Challenge: A healthcare provider network experienced 35% delayed submissions and inconsistent reconciliation of patient services.
  • Solution: MYND deployed timely billing processes, quality audit frameworks, and automated cash application systems.
  • Outcome: 90% on-time submissions, 65% faster account reconciliation, and 28% improvement in overall collection rates.

Streamlining Tender Reconciliation for QSR Chains

  • Industry: Quick Service Restaurants
  • Service: Cash Management & Reconciliation
  • Challenge: A national QSR chain struggled with cash variances across 200+ locations and delayed deposits, creating security risks.
  • Solution: MYND implemented a centralized reconciliation system tracking cash, card, and digital payments with automated deposit scheduling.
  • Outcome: 95% reduction in reconciliation errors, 40% faster bank deposits, and eliminated cash shrinkage across all locations.

Optimizing Rental Equipment Collections for IT Services

  • Industry: IT/ITES
  • Service: Revenue Cycle Management
  • Challenge: A technology rental company faced 45+ day payment cycles and 30% billing query rates, affecting cash flow.
  • Solution: MYND established quality audit protocols, scheduled follow-ups, and multi-channel collection touchpoints.
  • Outcome: Reduced DSO from 45 to 30 days, decreased billing queries by 75%, and improved working capital by $2.8M annually.

The MYND Advantage

Decades Of Reliability and Proven Audit Excellence Built on Experience, Executed by Specialists, Trusted across Industries

We bring two decades of specialized audit proficiency, extensive technology investments, and a managed services approach that delivers unwavering accuracy and efficiency.

Getting Started

Getting Started With Your Fixed Asset & Inventory Audit
It’s Easy. We Promise.

Ready to Start?

FAQs

Your Questions Answered

We seamlessly integrate with popular ERP, POS, and accounting systems such as SAP, Oracle, Tally, and more. Our open APIs enable smooth data sync for store, asset, and inventory records.

We use advanced encryption protocols, secure cloud hosting, and strict access control. Our processes align with ISO standards, safeguarding your critical financial and operational data.

We conduct role-based training sessions, provide intuitive mobile apps, and offer dedicated support to ensure all stakeholders quickly adapt to new processes and tools.

Our managed services model includes dedicated account managers, 24/7 customer support, and flexible engagement plans—ensuring continuous assistance and seamless audit cycles.

Our phased implementation approach, robust training, and project governance framework help navigate technical, operational, and cultural hurdles. We strive for minimal disruption and maximum ROI.

We begin with an in-depth requirements analysis, propose a tailored solution, and outline a detailed project plan for your sign-off. Upon approval, our experts initiate data migration, training, and pilot audits before scaling up.

Let’s Get Started

Want to know how we can create an impact for your business?

Set-Up a Meeting with our Expert Consultants


Saurav Wadhwa

Co-founder & CEO

Saurav Wadhwa is the Co-founder and CEO of MYND Integrated Solutions. Saurav spearheads the company’s strategic vision—identifying new market opportunities, unfolding product and service catalogues, and driving business expansion across multiple geographies and functions. Saurav brings expertise in business process enablement and is a seasoned expert with over two decades of experience establishing and scaling Shared Services, Process Transformation, and Automation.

Saurav’s leadership and strategy expertise are backed by extensive hands-on involvement in Finance and HR Automation, People and Business Management and Client Relationship Management. Over his career, he has played a pivotal role in accelerating the growth of more than 800 businesses across diverse industries, leveraging innovative automation solutions to streamline operations and reduce costs.

Before becoming CEO, Saurav spent nearly a decade at MYND focusing on finance and accounting outsourcing. His background includes proficiency in major ERP systems like SAP, Oracle, and Great Plains, and he has a proven track record of optimizing global finance operations for domestic and multinational corporations.

Under Saurav’s leadership, MYND Integrated Solutions maintains a forward-thinking culture—prioritizing continuous learning, fostering ethical practices, and embracing next-generation technologies such as RPA and AI-driven analytics. He is committed to strategic partnerships, long-term business development, and stakeholder transparency, ensuring that MYND remains at the forefront of the BPM industry.

A firm believer that “Leadership and Learning are indispensable to each other,” Saurav consistently seeks new ways to evolve MYND’s capabilities and empower clients with best-in-class business process solutions.

Vivek Misra

Founder & Group MD

Vivek is the founder of MYND Integrated Solutions. He is a successful entrepreneur with a strong background in Accounts and Finance. An alumnus of Modern School and Delhi University, Vivek has also undertaken prestigious courses on accountancy with Becker and Business 360 management course with Columbia Business School, US.

Vivek is currently the Founder & Group MD of MYND Integrated Solutions. With over 22 years of experience setting up shared service centres and serving leading companies in the Manufacturing, Services, Retail and Telecom industries, his strong industry focus and client relationships have quickly enabled MYND to build credibility with 500+ clients. MYND has developed a niche in Shared services in India’s Finance and Accounting (FAO) and Human Resources (HR). MYND has also taken Solutions and services to the international space, offering multi-country services on a single platform under his leadership. Vivek has been instrumental in fostering mutually beneficial partnerships with global service providers, immensely benefiting MYND.

Mynd also forayed into a niche Fintech space with the setup of the M1xchange under the auspices of the RBI licence granted to only 3 companies across India. The exchange is changing the traditional field of bill discounting by bringing the entire process online along with the participation of banks through online auctioning.

Sundeep Mohindru

Founder Director

Sundeep initiated Mynd with a small team of just five people in 2002 and has been instrumental in steering it to evolve into a knowledge management company. He has brought about substantial improvements in growth, profitability, and performance, which has helped Mynd achieve remarkable customer, employee and stakeholder satisfaction. He has been involved in creating specialized service delivery models suitable for diverse client needs and has always created a new benchmark for Mynd and its team. Under his leadership, Mynd has developed niche products and implemented them on an all India scale for superior services. Mynd has been servicing a large number of multinational companies in India through its on-shore and off-shore model.

TReDS (Trade Receivable Discounting System) has been nurtured from a concept stage by Sundeep and the Mynd team. M1xchange, Mynd Online National Exchange for Receivables was successfully launched on April 7th, 2017. While spearheading the project, Sundeep and his team have built up the TReDS platform to meet RBI guidelines and enhance the transparency for all stakeholders. This platform and related service has the capability of transforming the way the receivable finance and other supply chain finance solutions are operating currently.

Sundeep is currently focused on providing strategic direction to the company and is working towards achieving high growth for Mynd, which will help in creating the products as per customer needs and increase its top line while maintaining the bottom line. He directly involves, develops, nurtures and manages all key client relationships of Mynd. He has also successfully acquired numerous preferred partners to support Mynd’s technology-based endeavors and scale up its business.

Sundeep has been the on the Board of Directors for many renowned companies. He has played a key role in planning the entry strategy and has set up subsidiaries for many multinational companies in India. In his leadership, Mynd has seen consistent growth at the rate of 20+ % CAGR from the year 2009 onwards. This was primarily because of investing into technology and bringing platform based offering in Accounting and HR domain for the customers.