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EAM software is implemented to plan better, optimize, to execute, and to track maintenance activities with the associated labor, inventory, skills, materials, tools, and information.
Enterprise Asset Management (EAM) involves the management of the maintenance of the physical assets of an organization or a company throughout each asset's lifecycle. AEM is used to plan, optimize, execute, and track the needed maintenance activities with the associated priorities, skills, materials, tools, and information.
On the other hand, it will be verily right to say that, Enterprise Asset Management (EAM) software provides a holistic view of an organization’s physical assets and infrastructure throughout their whole lifecycle, from design, commission, or procurement, through to operation, maintenance, disposal, and replacement.
EAM software or system is implemented to plan better, optimize, execute, and to track maintenance activities with the associated labor, inventory, skills, materials, tools, and information.
Features Of EAM Software
AEM Software or System generates some essential features that we should know. Here are the characteristics of EAM Software:
When equipment breaks down, asset managers manually log downtime in the EAM software, based on the timestamps on fault codes or work requests. And, when equipment is marked as non-operational by technicians during repairs and PMs, then downtime is automatically tracked by the software. This produces a failsafe in case accurate rest is not logged manually.
This is a feature of safety that documents and enforces the physical devices that are used during maintenance on dangerous machinery. Through tracking and check-in/out procedures in the EAM software, everyone in a facility knows when an asset is unavailable.
Data that is logged in EAM software focuses on the performance of assets in terms of reliability rather than production output. Observing how reliable a machine is over time, informs asset managers and procurement, whether that machine should be purchased again. Maintenance reports also help technicians troubleshoot issues.
Asset managers can connect their software to financial software to align their efforts with the organization’s financial department. This data-sync streamlines financial audits and helps organizations to manage the complete asset lifecycle without requiring financial departments to learn how to navigate the EAM software.
Benefits Of EAM Software
As the features of EAM Software have already been discussed, it’s time to throw light upon the benefits of this software. Let have a glance on the benefits of this software:
Take Away
If you are in search of a cost-effective software to meet your business aim, then you are at the right address for sure. Wordsys Tech is one of the best software development companies with five years of experience in India. The knowledgeable and experienced IT experts and software developers of this company can provide you with the most acceptable EAM Software and at an exceptionally budget-friendly cost too.