Best 17 Enterprise Asset Management (EAM) Software products
What is Enterprise Asset Management (EAM) Software?
EAM Software is a comprehensive solution designed for managing an entire lifecycle of enterprise assets. It’s more broad than CMMS, covering everything from acquisition, operation, maintenance to disposal of assets. It’s aimed at optimizing asset performance and aligning asset management with business goals.
What are the top 10 ERP Software products for Enterprise Asset Management (EAM) Software?
Newest Enterprise Asset Management (EAM) Software Products
Enterprise Asset Management (EAM) Software Core Features
- Asset lifecycle management covering procurement to disposal
- Integrated maintenance and repair tracking
- Compliance and risk management features
- Financial tracking and budgeting for assets
- Real-time asset performance monitoring
Advantages of Enterprise Asset Management (EAM) Software?
- Provides a holistic view of all enterprise assets
- Enhances decision making with detailed analytics
- Ensures regulatory compliance
- Reduces operational costs through optimized maintenance
- Increases asset utilization and lifespan
Who is suitable to use Enterprise Asset Management (EAM) Software?
Large enterprises, manufacturing industries, utilities, transportation companies, and organizations with extensive asset portfolios.
How does Enterprise Asset Management (EAM) Software work?
The software collects data on all assets across the enterprise and monitors their conditions and performance in real-time. It schedules maintenance, manages budgets, tracks compliance, and helps make strategic decisions by analyzing asset data to improve ROI and reduce total cost of ownership.
FAQ about Enterprise Asset Management (EAM) Software?
How is EAM different from CMMS?
EAM covers the full asset lifecycle including financials and compliance, while CMMS focuses mainly on maintenance.
Can EAM software integrate with other business systems?
Yes, it often integrates with ERP, finance, and supply chain systems.
Is EAM only for big companies?
Mostly used by large orgs due to complexity, but some versions fit mid-sized businesses.
Does EAM software help with regulatory compliance?
Yes, it tracks asset-related regulations and ensures required checks are performed.
What kind of reports can EAM generate?
Reports on asset performance, maintenance costs, compliance status, and lifecycle costs.
