ZANACO PLC embraces Asset  Management Solution
Memory Business Solutions Zambia Ltd, with its sister companies Memory Business Solutions, Lilongwe, Malawi and  NPK Technologies Limited in Dar es Salaam, is recognized in Africa as leading provider of Fixed Asset Management solutions, with quality products, technical expertise and professional services.
Memory has extended its fixed assets management solutions to Zambia National Commercial Bank Plc (ZANACO)
Memory Zambia will ensure that ZANACO Fixed Assets are physically verified and bar-coded to confirm their existence and condition, all verified Fixed Assets are properly revalued to reflect its market value, once this is done a fixed asset register will be set up and new policies regarding assets acquisition, bar- coding and regular audit introduced.
The following benefits will be derived: Easy traceability of company’s fixed assets and identification of loss, improved security, easy identification, consistency and control over assets, avoidance of purchasing duplication, speed and accuracy when auditing and cutting auditing cost and increase efficiency 
The following reputable firms have successfully outsourced asset management: Puma Energy Zambia, Malawi, Tanzania, Total Malawi, Airtel Zambia, Niger, Ghana, Sierra Leone, Malawi, and Tanzania, Standard Chartered Bank Zambia Plc, and Tanzania, Telekom Networks Malawi, Anti-corruption Bureau-Malawi, Malawi Revenue Authority, Northern Region Water Board Malawi, National Bank of Malawi, World Bank Malawi, UNICEF Malawi among others.
If you want to find out how your organization can benefit from outsourcing asset management or if you want further information on any of the issues raised from this article, please call us on +260 972 785 778 or
Our expert consultants will be delighted to help you.