Purpose
The policy sets the guidelines to be followed when placing an asset on a customer's premises. It attempts to standardise this activity to facilitate the tracking of these assets as well as to better serve the customers.

Scope
The policy applies to new asset placements undertaken by all concerned business units as from 01 May 2023.

Policy Statement

• The CRM must be used to track all new asset placement.
• Assets will be dispatched to customers' premises ONLY when the contract/agreement has been signed by all parties.
• As far as possible, all contracts must be digitally signed using the electronic signature software integrated with the CRM.
• The sales teams, brand management team, finance team and technical team have their respective roles and responsibilities as stipulated in the processes and procedures.
• On a yearly basis the deal will be reviewed by the Brand Management

Definition of an asset
Assets include all equipment and machines which are placed on the customer’s premises to promote a brand/product and increase revenue generated from sales namely : Coffee machines, Sunquick Dispenser,Fridges, Glass Freezers, Draught machines Blade, Draught machines brew lock etc.
Finance will classify the items as assets and start depreciation as per the placement starting date.