HMVA

HMVA (High-Value Machinery and Vehicle Auditing) is a process used by organizations to carefully examine important assets like industrial equipment or company vehicles. It ensures these valuable assets are accurately recorded, maintained, and used efficiently, helping prevent theft, fraud, or misuse. HMVA involves detailed inspections, record-keeping, and analysis to verify asset existence, condition, and appropriate management. This process improves accountability, extends asset lifespan, and optimizes operational costs, ultimately supporting the organization's security and financial health without unnecessary complexity.