What is Enterprise Asset
Management (EAM) software?
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Enterprise Asset Management (EAM) and the Role of EAM Software:
Enterprise Asset Management (EAM) is how producers conduct inventory and maintenance for their facilities. It’s a mix of services, systems, and software for asset management created to carry out and manage work orders. When it comes to any asset investment, enterprise resource planning mandates solutions.
Some of the main tasks associated with EAM include taking account of workers, asset maintenance, planning and scheduling, and further ensuring environmental, health, and safety (EHS) standards.
A good EAM system can result in these key takeaways:
A centralization of asset allocation.
Implementing an enterprise asset management system leads to the centralization of asset allocation. By consolidating all asset-related information in one comprehensive platform, organizations can streamline operations. Having a centralized system is key to ensuring accountability and optimizing asset utilization. Keeping things under one roof is often a great way to streamline operations. Out-sourcing what can’t be accounted for efficiently is the last resort but can often be the difference between what is possible and what actually works.
Time back on your day.
Having a reliable EAM solution gets things done faster — leaving you fulfilled, refreshed, and motivated for the next challenge. With streamlined processes and organized data, tasks are executed more efficiently. This time optimization not only enhances productivity but also leaves room for professionals to feel fulfilled, refreshed, and motivated to tackle the next set of challenges.
Chances for automation.
A self-running enterprise asset management stands on the foundation of several key tasks and once it gets going, production can grow. The system serves as the foundation for automation. By automating key tasks within the system, organizations can achieve a self-running EAM that propels production growth. Automation minimizes manual intervention, reduces errors, and accelerates the pace of operations, contributing to overall efficiency.
Extend the life of assets.
Scheduled regular maintenance improves the quality of life (QOL) of your resources. Enterprise asset management done right means better production. This proactive approach enhances the Quality of Life (QOL) of organizational resources. A well-executed EAM strategy ensures that assets are consistently maintained, leading to improved performance, reduced downtime, and ultimately, better production outcomes.
An EAM helps maintenance teams make the most informed decisions without excess or irrelevant information. All in all, EAM essentially keeps the figurative ship sailing by maintaining your facilities and personnel.
Facility management
An enterprise asset management is composed of several underlying systems of standardization and the key among them is facility management. This approach is comprised of tools and established protocols for the safety, functionality, and sustainability of your physical operations. This includes any of your buildings, property, and infrastructure.
Broader examples of facility management include:
Maintenance and operations.
This is an essential aspect of asset management that falls under facility management, meaning the results are in the details. The aim is to focus on taking good care of things and making sure they run smoothly. This means doing regular check-ups on stuff to keep them working well.
Employee and occupant experience.
In enterprise asset management, facility management also looks at how happy the people in a space are. Happy workers make for better working conditions, so EAM tries to create spaces that make people feel good and work well. Happy workers can lead to improved working conditions.
Energy management.
Using energy wisely is a big deal in facility management within enterprise asset management. Determining where your energy resources are best spent is extremely beneficial — especially long term.. It’s about figuring out the best ways to use energy so that it’s good for the environment and doesn’t cost too much in the long run.
Capital project planning and management.
Spending your money wisely is one of the first steps in proper enterprise asset management and facility management helps plan where the money should go. It’s about making sure the money spent on projects makes things better and lasts a long time.
Emergency management.
Not only is this for compliance but it’s an essential component of building worker confidence. Making sure everyone is safe during emergencies is another part of facility management in enterprise asset management. It’s not just about following rules; it’s also about making sure people feel confident that they know what to do in an emergency.
Space management.
Using space well is also part of enterprise asset management facility management. Ensuring an optimum space for workers to move between work tasks is a compliance issue — or most would assume. Optimizing this for your workers’ strengths can result in higher satisfaction and productivity. It’s not just about following rules but also about making sure the workspace fits the people working there. This helps everyone feel happy and work better.
Hard and Soft Facility Management
Facility management (FM) approaches may overlap in some areas but are generally broken down further into two types — Hard FM and Soft FM.
Hard FM relates to the physical assets and composition of your facility. It’s how your facility affects the safety of workers and visitors on the premises, as required by compliance and regulation standards. These include standardization of things like:
- Gas, plumbing and heating
- Fire safety setup
- Mechanical, electrical and lighting
- HVAC systems
- Maintenance and upkeep
- Ventilation
- Temperature control
Soft FM makes “just a job” more appealing and an enjoyable place to work for employees. It prioritizes making your building and infrastructure pleasant and comfortable for whoever steps inside. This is to ensure production and worker welfare work hand in hand and not in opposition. Examples of Soft FM include:
- Landscaping
- Decorating
- Cleaning
- Pest control
- Parking
- Catering (This includes vending machines, water coolers, and other eating options)
- Waste management
- Grounds maintenance
What is enterprise management software?
EAM software is an essential feature of a well-running EAM. Digitized as the centralization process, it gets everything under one digital roof. This leads to:
Resolving issues before they happen.
With built-in preventative measures, equipment is better stabilized and can last longer, which reduces potential disruptions for operations. By anticipating potential issues before they escalate, the software stabilizes equipment, prolonging its lifespan. This proactive approach minimizes disruptions to operations, contributing to a smoother workflow.
Consolidating assets faster.
An EAM software solution helps establish a singular system to manage all assets in a simpler way. With it, Implementation it creates a unified system for managing all assets. This simplification reduces complexity, making it easier to handle unique work orders, various asset types, and inventory management. Standardization is established for any unique and niche work order, asset type, and inventory management to give time back in your day.
Modernizing asset management.
An EAM software is a single technology system accessible anywhere in the world. It transforms traditional methods into a streamlined, accessible, and unified technology system. This digital transformation ensures that your enterprise’s asset management hub is within reach anytime, anywhere, promoting flexibility and adaptability. Why wouldn’t you want a unified and standardized hub for your enterprise at the tip of your fingers?
Better data, easier decisions.
The software provides business intelligence tools that allow organizations to extract meaningful insights. This data-driven approach empowers decision-makers to make informed choices, optimize resource allocation, and align strategies with overarching business goals. Make your asset data work smarter for you with business intelligence gained from integrated EAM software solutions.
Key EAM software features
Our EAM software comes loaded with a comprehensive list of all the EAM-specific features and functionality you need to manage your unique assets to their greatest potential. MicroMain is the industry-leading software implementing a world-class program — and it’s now easier than ever with comprehensive, all-encompassing asset management that includes:
Work order management
Creating and tracking on-demand and automated work orders is easier than ever with our EAM software. You can seamlessly add notes, parts used and technician work times, as well as attach documents to further aid your maintenance management team.
Preventive and predictive maintenance
Our EAM software can auto-generate time (or meter-based) preventive maintenance schedules complete with notes, asset requirements and technician assignments based on supply chain needs. A maintenance strategy allows you to create the best preventive and predictive maintenance plan possible.
Multi-location management
Our EAM software streamlines and optimizes your maintenance cost and operations across multiple locations and company divisions. Quickly gain greater visibility into asset performance, labor, inventory and other data for each location. You can also create opportunities to enhance the consistency of maintenance activities and procedures while identifying areas for improvement based on data insights and reports throughout your enterprise.
Asset lifecycle management
MicroMain’s industry-leading EAM software makes it easy to maximize your asset lifecycle and output of inventory. Unlimited asset tracking and organization into effective groups allow you to level up your asset reliability.
Analytics
Gain insights into your asset data and operation by using optimization models to automate the planning, scheduling and work order phases – full comprehensive data profiles, built for your vision of operational excellence.
Inventory management
You can easily keep track of your replacement maintenance inventory to ensure you have sufficient supplies on hand at all times. You can set triggers to reorder important assets and parts, track what days you received shipments, and add stock to your recurring preventive maintenance schedules to improve asset life.
Labor tracking and management
Our EAM software solution allows you to easily track time spent on specific tasks as well as time spent maintaining operational assets. Easily identify problems related to specific employees and critical assets.
Barcode and QR code enabled
Our EAM software can easily auto-generate QR and bar codes to tag all of your assets. Mobile users can scan QR and bar codes to quickly access important equipment data, work orders, maintenance history, manuals and more.
Cloud
MicroMain is dedicated SaaS, cloud-based and hybrid cloud deployment, as needed, which helps you minimize risk and costs, automate remedial functions and give your IT group a bit of a breather.
EAM outcomes
Maintaining high-level EAM and Hard and Soft FM services is what computer maintenance management system (CMMS) is all about. A great CMMS facilitates:
Space management
This facilitates how your workspace is designed, how resources are moved through your facilities, and how space is utilized. Efficient space management is a key outcome of using CMMS and EAM software solutions like MicroMain. This involves optimizing how your workspace is designed, how resources move through your facilities, and how space is utilized. By centralizing information and streamlining processes, these tools contribute to a well-organized and productive workspace.
Smarter energy expenditure
MicroMaincan identify and improve energy consumption, cutting costs and reducing your carbon footprint. Doing so can also ensure worker satisfaction, which may result in a better bottom line. Additionally, optimizing energy expenditure can contribute to worker satisfaction, fostering a positive work environment and potentially improving the bottom line.
Maintaining a working relationship
Build up working relationships with personnel while physically maintaining your assets, facilities, and inventory towards robust supply chain flow with a CMMS solution, such as MicroMain’s EAM software, to facilitate the development and maintenance. This is achieved through efficient physical maintenance of assets, facilities, and inventory Inspections, audits and relationships are facilitated through MicroMain’s EAM software.
A framework for FM excellence
A CMMS tool like MicroMain streamlines facility operations for a notable difference from the offset. By streamlining facility operations, these tools make a noticeable difference. They provide a centralized platform for managing assets, work orders, and maintenance activities, contributing to the overall efficiency and effectiveness of FM processes.
Key EAM software features
Our EAM software comes loaded with a comprehensive list of all the EAM-specific features and functionality you need to manage your unique assets to their greatest potential. MicroMain is the industry-leading software implementing a world-class program — and it’s now easier than ever with comprehensive, all-encompassing asset management that includes:
- Manufacturing.
- Property management.
- Healthcare.
- Education.
- Government and public sector.
- Transportation.
- And more to come.
With enterprise asset management software, you can eliminate equipment downtime as much as possible while keeping assets running smoothly and chopping down maintenance costs. MicroMain provides you with the insight to make informed decisions better.
Below are some examples of how MicroMain has improved processes for its clients:
Mammoth Manufacturing
reduced its maintenance costs by 52% after integrating MicroMain into their enterprise.
Miami-Dade County
saved $225k per year by implementing MicroMain to process service tickets.
Virginia Railway Express
standardized MicroMain as their EAM solution, aiding 20,000 daily commuters and managing $7M worth of inventory.
Happy customers of our enterprise asset management software
The positive impact MicroMain’s CMMS has had on our productivity and efficiency is tremendous.
Having reviewed other maintenance software programs, I found the MicroMain products to be the most comprehensive and user-friendly products available. I highly recommend these products to anyone looking for a dependable maintenance management software package.
Jennifer Wilmore
University of North Texas
We had a different CMMS, but it was too complicated and not geared to our facility. We really liked MicroMain because of its modules, reporting, understandable terminology, properties organization, work order templates and inspection tasking. Not only was it user-friendly and more comprehensive, MicroMain’s system was a lot less expensive than our previous CMMS.
David Adcock
Riddle Memorial Hospital
FAQ: What you need to know about MicroMain’s EAM solution
These are some of the most common questions we receive. MicroMain has been iterated extensively to meet and be configured to your needs.
How easy is your EAM software to learn and use?
Our software is user-friendly and is designed to be understood quickly. Our EAM interface’s sleek and simple navigation with intuitive features is designed for users of all skill levels and technical expertise, which is a major pride point for us.
How difficult is the implementation process? How will we move our data into your EAM?
MicroMain’s tools and processes are developed to be able to integrate your entire swath of existing data into your new EAM software seamlessly. It’s designed to preserve your work order history, maintenance records and other content. We have a highly trained and experienced implementation team to provide all the assistance you need to get your new EAM up and running in no time!
How difficult is the implementation process? How will we move our data into your EAM?
MicroMain’s tools and processes are developed to be able to integrate your entire swath of existing data into your new EAM seamlessly. It’s designed to preserve your work order history, maintenance records and other content. We have a highly trained and experienced implementation team to provide all the assistance you need to get your new EAM up and running in no time!
How do I know your EAM will work for our specific industry?
Our EAM software is versatile and configurable. It’s made to adapt for companies of all sizes — from small local operations to large international corporations. Our EAM is exactly what you need it to be, and can adapt to your personal objectives.
What information can be stored for each asset?
Assets are at the heart of your maintenance database and are essential to keeping your asset records accurate and updated. MicroMain makes this possible by allowing you to store important information about each asset. Examples of information that can be stored include maintenance history, warranties, model and serial numbers, supplier and manufacturer info, replaceable/inventoried parts and more.
How many assets can I track?
Our EAM software allows you to set and track an unlimited number of assets (areas, equipment and vehicles) and organize them into groups or “bundles” to make reassigning, moving and maintaining them easier than ever.
For your ease of use, MIcroMain has a cloning feature to duplicate and then edit a new asset record. For example, if you have 10 air handlers, you can set one up, clone nine more and adjust the serial number and other unique identifiers for each. This is one of the many customization options our EAM has to make your life easier.
Our world-class EAM software is available for you to use right away with our free trial option. Explore its robust and powerful features and observe how agile it is for yourself. For more information, visit our FAQ page or contact us. For more reading, check out our blog and subscribe to our newsletter!