Case Study: Utah Paperbox Company
Managing high-value fixed assets can be a complex and evolving challenge. Utah PaperBox Company (UPB) faced similar difficulties with their in-house asset management program. Founded in 1914, UPB is a leader in packaging solutions and has numerous high-value assets, including computer equipment, printing presses, and machinery.
Here’s how UPB transformed their asset management:
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Evolving Compliance: UPB struggled with keeping up with frequent changes in tax laws and regulations, impacting their ability to manage assets effectively.
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High-Value Assets: With many assets worth millions, precise tracking and management became critical.
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Lifecycle Management: UPB needed a robust solution to oversee the entire lifecycle of their assets, from acquisition to disposal.