How We Chose the Best EAM Software
Enterprise Asset Management (EAM) gives companies the power to manage the entire life cycle of their plant, machinery, and other movable and immovable assets. It’s similar to computerized maintenance management systems (CMMS), but it consists of more features and services. In some instances, the EAM software providers integrate a CMMS into their packages.
We know how challenging it can be to find the right platform for your business. Here’s the methodology we used to select the best EAM software of 2021.
While most industry providers promise you the world, they don’t all have the same features. One might have the complete package, while another might miss one or two items. We made sure to evaluate each one in this list according to our criteria.
Here are the best EAM software features we assessed:
- Equipment management
- Inventory management
- Preventive maintenance
- Warranty tracking
Sometimes you may require additional functionality not included in EAM software. It helps if the provider you sign up with allows integrations for the missing components that make it more efficient and effective.
Here’s a list of integrations you may find:
- GPS tracking applications
- Accounting systems
- Conditional monitoring
- Project management
- Work orders
It makes it easier to manage your assets if you can draw reports. The best EAM software should include insights, graphs, and valuable dashboards that help you make significant business decisions.
Here’s a list of reporting tools that the system may include:
- Conditional assessments
- Safety risk analysis
- Asset hierarchy
- Status reports