- Solutions
- Asset Recovery
- Advantages
Asset Recovery Advantages
Teksavers Asset Recovery Program addresses the three critical areas associated with any asset recovery process.
Risk Management |
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Teksavers thoroughly understands the serious risk and liabilities associated with the improper recycling and depreciation of retired IT equipment. Teksavers protects your company by assuming the risk and responsibility of this complex task. Data SecurityMany companies disposing of technology assets may be unaware of the legal and economic risks associated with leaving private and confidential data stored on hard drives and network equipment. Teksavers offers solutions that ensure the total erasure of data and information stored on hard disks and other devices. Teksavers will assist you in identifying your data security requirements and design a solution best suited for your company. Teksavers will provide all required certificates indemnifying your company of any liability caused by or brought on by the recovery of any sensitive data. Environmental"Discarded electronics may contain hazardous or toxic substances. Some electronic products (notably those with cathode ray tubes or CRTs, circuit boards, batteries, and mercury switches) contain hazardous, or toxic materials. Small amounts may cause them to test hazardous under federal law. There is great concern, particularly at the state and local levels for products containing these constituents posing some environmental risks if they are not properly managed at end-of-life."(US EPA "WasteWise Update" Electronic Reuse and Recycling, Dated 12/00) Teksavers strictly adheres to all local, state and federal requirements governing the generation, collection and Recycle of hazardous materials. Clients are provided with a Certificate of Destruction/ Recycle indemnifying them of any liabilities. |
Financial |
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Our customers experience financial benefits by saving on taxes and insurance. By accelerating the depreciation to the full amount when assets are sold or disposed of, companies increase expense and reduce tax liability. Upon the sale of the asset, part of the proceeds will be returned to the client. The sale is treated as taxable income. This will help to offset the additional depreciation expense previously taken. Teksavers assists clients by quickly removing assets from the asset ledgers to reduce the amount of property tax and insurance coverage associated with retired assets. |
Time & Effort |
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Teksavers provides a turn-key solution and total disclosure policy designed to save our customer's time. Teksavers gives you peace of mind knowing that we are working in your best interest. Turn-Key SolutionWe realize that time and money are valuable to any company. Teksavers manages the asset Recycle process, allowing our clients to focus on what they do best. Total Disclosure PolicyTeksavers promotes a total disclosure policy to develop trusting relationships with our clients. Teksavers encourages clients to participate in the auditing and/or reviewing of our asset recovery process.
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