POS Services: Asset Recovery

At Point of Sale Remarketing Group (POSRG), our first and highest priority is to extend the life of the assets we receive — a process commonly known as Asset Recovery. This process is marked by four key steps: receiving, auditing, data destruction (when applicable) and reporting.

• Receiving — assets are received via UPS, Fed-ex, or freight. They are then identified, palletized and organized by purchase order. All receiving information is then recorded.
• Auditing — the make, model and serial number of each item is recorded, including purchase order and tracking numbers, carriers and the reception date. At this time, all reusable equipment is inventoried and potentially undergoes refurbishment.
• Data destruction — we inspect the physical vitality of all hard drives (HDDs) and shred any HDDs that fail. The data on HDDs that pass is wiped clean using Department of Defense (DoD) standards.
• Reporting — we issue a Certificate of Destruction (COD) and/or a Certificate of Recycling (COR) for all equipment destined for such that details the method of destruction. This is accompanied by a revised copy of the purchase order, a detailed audit spreadsheet and any reports verifying the data erasure/destruction.

Refurbished hardware is resold, while all unused equipment is recycled. To keep each customer or vender fully informed of the status of their assets, we email you an Individualized Asset Management Inventory Report each week, or upon request at any time. To determine the status of your assets at any time, please contact us at 866.462.1005.