Complete asset management software

The centralized configuration management database CMDB is an excellent resource for managing the total cost of ownership for IT hardware and components. Users can also configure stocking levels for parts and define relationships between physical assets and associated software and services.

With this software, you can inventory all hardware and software components, automate routine tasks, and manage all critical functions for any network-connected device. KACE Systems is a great example of software that really streamlines hardware management with a sleek and straightforward solution. ServiceNow aims to simplify hardware and software asset management for IT stakeholders in any industry. When this platform is optimized, it can serve as the single data source for your entire organization and become the focal point for all asset management needs.

Solarwinds is a service desk software that has a completely integrated IT asset management function. It may be a great choice for organizations looking to implement a complete and single web-based platform for these activities.

With Solarwinds, you have the ability to align assets to support tickets and track the overall costs associated with managing any device. Asset management software fills an important role in an organization by streamlining several workflows that impact asset lifecycle management. The features provided with each software package are unique and you will often find clear differences between vendors.

To better understand how an asset management platform works, we can take a look at a few of the core features that are present in all EAM software programs.

Centralized document storage. One of the primary benefits of an EAM is the ability to store and retrieve documents that are associated with each asset. Some common examples include maintenance records, warranty information, and service documentation.

It is also possible to store facility-related documentation such as lease agreements and property management records. Having a centralized storage location for all your records provides an excellent resource for information sharing, audit preparation, and reviewing the costs and depreciation projections for key equipment.

Real-time asset monitoring. Asset management software can be integrated with other systems to provide real-time monitoring of assets. Many modern Internet-of-things IoT devices come with built-in connectivity to monitoring systems, and other equipment can be supplemented with dedicated sensors and equipment. It may also be possible to program customized solutions using integrations and an API.

Many EAM platforms also have extensive tools for scheduling facility work and monitoring service activities across sites. This data makes it easy to locate equipment quickly and update responsibilities or work assignments in real-time. Complete asset lifecycle trackin g. In order to understand the true total cost of ownership for any asset, it is necessary to have a complete financial record.

Most EAM platforms include extensive financial analysis and long-term planning tools. This allows businesses to model cost projections and identify important ways to reduce maintenance costs and lower operating expenses. Many vendors also integrate automation tools into their software for streamlining workflows and include advanced metrics and reporting. It is difficult to make a direct comparison of asset management software costs across vendors.

This is because costs are structured in many different ways in order to provide flexibility for customers. Because each EAM deployment will have unique requirements, it is best to review the general cost categories and how they are calculated. Vendor costs are usually structured as one, or more, of the following options. Because each company will have unique needs, many vendors choose to provide a custom quote for each customer instead of sharing generic pricing models.

Some of the major factors that impact pricing among vendors include the number of assets, the number of users, software installations vs. It is important to consider all of these potential costs when calculating the expected return on investment for an EAM deployment. Sharing is caring! Keep up to date on the latest from Camcode. Follow Us On Join our mailing list Sign Up. Contact Us. Tel: Fax: Assets Work Order life cycle data can be reviewed from anywhere.

Nektar provides a platform to create fully customized reports suiting your requirements. The real-time business intelligence , with customized dashboards and widgets, provides real-time reports on what's happening on the field. Nektar also provides the Offline working mode and sync when the system is back online.

Nektar also provides Open APIs to share the data with other systems. Nektar provides us with the ability to monitor work as it is completed as if we were on-site, something we have never had. Fixed asset management is the process followed by organizations for tracking and maintaining their physical assets and equipment. Asset type can be of any category including vehicles, computers, furniture, and machinery. Fixed asset management facilitates organizations to monitor equipment and vehicles, analyze their condition, and strive to keep them in good working order.

This is followed to minimize inventory loss, equipment failures, and downtime. Fixed assets are one of the most important modules in any business. With the growing technology, it is easy to maintain the assets of the organization using a specific tool or tools to manage the same unlike traditional methods of tracking.

The operations using technical aspects may benefit from a computerized maintenance management system CMMS. These automation software designed for managing and maintaining accommodate scheduling, management, and reporting activities, along with handling workflows, resourcing and routing, operating and repair guidance, and reporting and auditing.

However, asset management for big businesses or organizations is challenging, but that can be managed using some of the fixed asset management software available in the market, which provides a central platform for managing all fixed assets. It combines asset data from across the asset lifecycle right from acquisition, operations, maintenance, depreciation to renewal or replacement.

These features and workflows help the organization to optimize management tasks and reduce downtime. It provides a better enterprise view and understanding of safety and environmental controls to confront any issues and risks. Therefore the usage of fixed asset management tools or software is very ideal and recommended to the database where you could easily track the information with no risk of it getting lost or misplaced.

This is the main purpose of an asset management system. Asset software support tax form, track asset location, planning of asset retirement. Some of the key benefits of accommodating fixed asset management software in asset tracking solutions are:.

Asset management software gathers information for you and composes it in a simple way, maintain it in a database and discover particular asset information whenever needed.

With this available information, it makes your job easy to schedule equipment usage. Thus making their tasks more productive and cut the operating costs. There is also an option to restore discarded assets back to your asset list. Does your fixed asset management software offer full asset lifecycle management? Does your system provide inventory tracking and management? Will it enable the grouping of assets? Can the solution offer predictive and preventive maintenance?

Is the system capable of providing an audit trail? Does the product include RFID and barcode scanning? Will the software include provisions for the effective management of depreciation?

Is there a disposal management function? Will the software simplify document management? Whether you are in need of a new stand-alone system or a user-friendly alternative to integrate with your current solution, an asset management software solution from AssetWorks can meet your needs.

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Your choices will not impact your visit. You can also monitor KPIs, generate reports, track labor and add routes to work orders. Create, track and complete work orders in Infor EAM. IFS EAM helps you maintain assets and manage asset life cycle and performance to ensure your assets run for a long period of time.

It offers features like fleet management, document management, MRO maintenance, repair overhaul , material management, facilities management, plant engineering and more. Asset Essentials by Dude Solutions is an enterprise and asset management solution that enables you to streamline workflows, enhance operational efficiency, improve processes, analyze KPIs, manage work orders and extend asset life cycles. It also offers features like purchase order management, audits and inspections, document management and more.

Easily create and manage work orders on maps in Asset Essentials. Maximo by IBM is an asset inventory software that helps you monitor assets and equipment, manage contracts and schedule preventive maintenance.

It offers features like space management, predictive maintenance, inventory management, reports, integration and more. It also offers multiple role-specific mobile apps for both Android and iOS devices. SAP EAM is an asset management solution that helps you manage your facilities, vehicles, assets, equipment and machines.

It enables you to maintain facilities, conduct timely maintenance, monitor asset life cycles and analyze reports to make data-driven decisions. Using it can improve ROI, minimize failures and ensure security and compliance.

Hopefully that brief overview gave you a better idea of which vendors to include in your shortlist for asset management software with the necessary capabilities. Some will be a better match depending on your business size, budget and other needs, so check out our full EAM comparison report to get an in-depth breakdown of the options.