Full inventory of fixed assets after merger with AXA
Customer
UNIQA TU S.A. is the fifth largest insurance group in Poland, serving more than 3.5 million individual and business customers. The company offers a broad portfolio of insurance products - from motor and property insurance to health insurance and enterprise solutions.
After the merger with AXA TUiR, UNIQA strengthened its position in the market and today is one of the most recognized and respected brands in the financial sector, focusing on transparency, security and comprehensive customer service .
Challenge
UNIQA TU S.A. was formed through the merger of AXA TUiR and UNIQA TU. Following the merger, the new corporate structure took over the physical assets of both organizations. In order to verify and consolidate precious fixed assets, UNIQA turned to Cursor for a comprehensive inventory of its 46 field branches spread across the country.
Combine and organize the fixed assets of the two companies after the merger
Verification of the actual state of equipment in 46 branches nationwide.
Eliminate discrepancies between accounting data and facts.
Execute the process without requiring additional resources on the client side.
Solution
We provided 14 specialized audit teams, equipped with barcode scanners and a dedicated reporting system. The process included both preparation and testing of the tools, as well as carrying out the inventory at each branch and reporting the results on an ongoing basis.
Step 1
Preparation
Verification of correctness of codes and efficiency of scanning equipment, training of audit teams.
Stage 2
Field inventory
A physical inventory in 46 branches nationwide, with full supervision by coordinators.
Stage 3
Reporting and analysis
Generate reports every 3 days, compare inventory data with accounting data.
Step 4
Recommendations and corrective actions
Provide guidance that allowed the client to implement organizational changes and maintain a uniform asset management standard.
Result of cooperation
The entire completed inventory allowed UNIQA to obtain a complete picture of the state of its fixed assets and verify the conformity of accounting data with the actual state. The process was carried out efficiently, with no disruption to the current operations of the branches and without the need to involve additional resources on the client's side. As a result, UNIQA gained confidence that it has reliable data, which became the basis for further optimization of asset management across the organization.
- Complete and verified inventory of fixed assets at 46 UNIQA branches.
- Significant streamlining of operational processes - eliminating the need for in-house staff and overtime.
- Full transparency through real-time reporting.
- The audit data made it possible to identify areas for improvement and implement corrective training, resulting in consistency and a high level of service throughout the network.