EAM Software, Enterprise Asset Management

What is EAM Software?

An Enterprise Asset Management (EAM software) system provides a complete view of an organization’s physical assets (buildings, machines, equipment and vehicles) throughout their entire lifecycle, from design, commission, or procurement, through to operation, maintenance, disposal and replacement. EAM software is used to plan, execute and optimize maintenance activities with associated priorities, skills, materials, tools and information.

EAM software is often found in asset-intensive industries such as: manufacturing, public works, construction, utilities, and energy. In using EAM software, organizations aim to increase the performance of assets, minimize equipment downtime, extend the useful life of assets, reduce operating costs, and drive operational efficiencies related to asset management.

An EAM solution typically includes the following functional areas:

Asset Lifecycle Management
Maintenance Management
Labor Management
Parts Inventory Management
Vendor Management
Financial Management
Analytics & Reporting

Within maintenance management, EAM software usually includes the ability to plan, manage, and schedule asset maintenance activities such as: tracking work requests, creating work orders, managing work in progress, scheduling technicians, planning preventive maintenance, managing inventory and procurement, and more.

EAM software provides prioritization of all asset data, which helps organizations move from a reactive to a preventive maintenance strategy while streamlining the automation of maintenance activities, inventory management and work orders.

EAM software can help an organization achieve the mission of maximizing asset life at the lowest lifecycle cost.

Asset Lifecycle Management

Work Order Management

Material Management

Preventive Maintenance Scheduling

Labor Management

Service Contract Management

Warranty Management

Mobile Device Access

EAM solutions arose as an extension of Computerized Maintenance Management System (CMMS).

EAM as a stand-alone provides visibility into asset data and documentation. Added to a CMMS solution, operators can diagnose problems, schedule technicians to jobs and organize work orders with prioritization. Organizations now understand the demand for materials and can control inventory costs to ensure overall facilities optimization while achieving organizational compliance.

With FacilityForce's Facilities Resource Planning (FRP), we combine the best-of-breed capabilities of EAM, CMMS, CAFM and IWMS software with deeper financial management in one unified solution. FacilityForce FRP is your ERP for facilities management and applies intense accounting principles including fund allocation and grant management to ensure organizations maximize investments while maintaining and driving efficiencies across your most important resources – your real estate, buildings, people, projects, and things.

Real-Time Visibility Across Your Entire Portfolio
Real Estate, Space, Maintenance, Capital Planning, Energy & Utilities and Accounting ...All Integrated
Unified Database for Multi-Agency Budgeting
Facilities-Focused Solution that Integrates with Your ERP
Total Cost of Ownership - Allocation & Recovery
Facilities Strategic Planning
Align Capital Investment to Organizational Goals
Split Fund Accounting and Grant Management
Optimize the Use of Space
Reduce Maintenance Costs and Extend the Useful Life of Assets
Multi-Phase Work Order Management Across Shops and Tradespeople
Material Chargeback Billing
Out-of-the-Box Capabilities

Integrated Solution

The best integration is "no integration", meaning everything you need resides in a single software platform as opposed to integrating disparate systems. FacilityForce is designed from the ground up to use a common database of properties and assets, which provides a seamless experience across the board.

Whether or not you leverage them all, the fact that FacilityForce offers real estate & lease management, space management, maintenance & operations, capital planning & project management, and energy management means room for growth.

End-to-End Solution

FacilityForce provides a comprehensive, end-to-end solution for facility management including the ability to:

capture complete details via a sophisticated online request engine (Engage),
route requests according to your business processes for approval, schedule and allocate the necessary resources (Operate),
dispatch to field personnel who use mobile apps to locate the job, order parts, log time and complete the work (Perform),
track complete costs and performance metrics across your organization (Analyze),
leverage standardized tools to streamline processes and exchange data with other systems (Automate).

Testimonials

For us the value and empowerment centered around FacilityForce not only standardizes business process across multiple business units and agencies but more so gives us a depth of clarity as owners now and into a new predictable future. A future where we have a high resolution view of our environment and are moved to make effective decisions as owners improving our economic position on behalf of those we serve.

Chief Deputy of Public Works

We deal with multi-agency tenants where some of the work is billed service, which goes against the other agency's budget line items, and some of it comes out of our budget for certain services, and FacilityForce was able to handle this right out-of-the-box. Other CMMS providers we looked at didn't have anything near what we needed out-of-the-box and although they said they could do it, they had nothing in place to show us they could do it.

Director of Facility Management

The great progress and accomplishments thus far were only made possible by the excellent work of our joint project teams and the outstanding teamwork and collaboration of their members. We'll continue to work with FacilityForce on the implementation of more modules and we look forward to this continued great partnership that we've built with FacilityForce.

Enterprise Asset Management (EAM Software)

What is EAM Software?