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 • Asset Appraiser

Automated Appraisial Processes

Asset Appraiser is a web-based solution that allows you to more effectively manage the capital equipment appraisal process. With Asset Appraiser you can create an appraisal scope, source collateral specific appraisers, confirm appraisal data, distribute documents and data collection tools, compile appraisal results and access stored appraisals on-line in a protected environment.

GE Commercial Finance, Commercial Equipment Financing utilizes GE Asset Appraiser in its global asset management activities.

How Asset Appraiser Works

Asset Appraiser generates and receives complete narrative appraisal reports on-line in an easy to use, password-protected website. Capabilities provided by Asset Appraiser include:

  • Create the full scope of appraisals on-line
  • Source collateral-specific appraisal companies on-line
  • Receive competitive bids on appraisal services needed
  • Create complete appraisal requirements
  • Source appraisal services electronically and receive competitive bids on appraisal services needed
  • Confirm appraisal details via electronic drafts
  • Access appraisals in a 24 x 7 environment - for users and suppliers
  • Capture all relevant data through drop down text boxes
  • Store and review appraisals in a secure environment
  • Download spreadsheet templates into reports
  • Add attachments, such as image, text or movie files, to reports
  • Ability to add an addendum to a completed appraisal report
  • An aid to Sarbanes-Oxley compliance

Asset Appraiser from GE

Benefits of Asset Appraiser

Asset Appraiser delivers a series of business benefits that result in:

  • Easy Data Management - Capture complete narrative appraisal reports on-line - By sending and receiving complete narrative appraisal reports on-line you will eliminate the risk of losing important documents needed for company decision makers.

  • Minimal Appraisal Rework - Confirm that all of the assets requested to the appraisers are captured - with Asset Appraiser you have the ability to receive drafts of the appraisal from the appraiser to make sure everything that you needed appraised was recorded.

  • Efficient Information Exchange - Streamline the appraisal process - by receiving the appraisals on-line it affords you the opportunity to share the information in-house at a click of the mouse. Decisions can be made quickly with quality data instantly available.

  • Secure Data Environment - By using Asset Appraiser, you have the knowledge that the information is safely stored and can be accessed quickly only by those that you authorize to use the system. The appraiser can only see the appraisals that they have performed for you. You will be able to see all of your appraisals by any appraiser using the system. Once the appraisal has been sent as final neither the appraiser or you can alter the information.

When coupled with the full suite of Asset Manager offerings, your organization can now better manage the entire lifecycle of its assets - from acquisition to disposition - and gain better control of and greater value from its equipment.

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