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Clients report up to a 20% reduction in both downtime and material costs.\r\n<span style=\"font-weight: bold;\">Labor utilization up 10-20%</span>\r\nGain central control of activities including long- and short-term scheduling; preventive, reactive and condition-based maintenance; crew management; resource optimization and performance indicators.\r\n<span style=\"font-weight: bold;\">Inventory needs down 20-30%</span>\r\nReduce excess or obsolete inventory. 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With this data, it also enables near real-time visibility into asset usage across multiple sites, extends the useful life of equipment, improves return on assets and defers new purchases. Watch the video below to see it in action.","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":18,"sellingCount":8,"discontinued":0,"rebateForPoc":0,"rebate":0,"seo":{"title":"IBM Maximo","keywords":"utilization, Maximo, manage, Asset, maintenance, asset, deployment, inventory","description":"<span style=\"font-weight: bold;\">Downtime reduced 5-20%</span>\r\nImprove operations across asset availability, reliability and utilization. Clients report up to a 20% reduction in both downtime and material costs.\r\n<span style=\"font-weight: bold;\">Labor utiliza","og:title":"IBM Maximo","og:description":"<span style=\"font-weight: bold;\">Downtime reduced 5-20%</span>\r\nImprove operations across asset availability, reliability and utilization. Clients report up to a 20% reduction in both downtime and material costs.\r\n<span style=\"font-weight: bold;\">Labor utiliza","og:image":"https://old.roi4cio.com/fileadmin/user_upload/IBM_Maximo.png"},"eventUrl":"","translationId":1101,"dealDetails":null,"roi":null,"price":null,"bonusForReference":null,"templateData":[],"testingArea":"","categories":[{"id":168,"title":"EAM - Enterprise Asset Management","alias":"eam-enterprise-asset-management","description":"<span style=\"font-weight: bold; \"><span style=\"font-weight: bold; \">EAM</span> (Enterprise asset management)</span> involves the management of the maintenance of physical assets of an organization throughout each asset's lifecycle. EAM management system is used to plan, optimize, execute, and track the needed maintenance activities with the associated priorities, skills, materials, tools, and information. This covers the design, construction, commissioning, operations, maintenance and decommissioning or replacement of plant, equipment and facilities.\r\n"Enterprise" refers to the scope of the assets in an Enterprise across departments, locations, facilities and, potentially, supporting business functions eg; Finance & GL, Human Resources and Payroll. \r\n<span style=\"font-weight: bold; \">Enterprise asset management software </span>is a computer software that handles every aspect of running a public works or asset-intensive organization. Maintenance management software collects and analyzes data for physical assets during all phases of the asset lifecycle, including the acquisition, maintenance, and disposal phase. EAM software is used by large organizations that have outgrown basic CMMS software. These organizations have hundreds of physical assets (machinery, equipment, etc) and employees that are responsible for managing the asset lifecycle. These employees, referred to as asset managers, are also responsible for making decisions that require them to track warranties, depreciation, and downtime.\r\nIn terms of features, the lines are becoming blurred between CMMS and EAM solutions as some CMMS products allow asset managers to track these items. But true EAM program gives asset managers the ability to track every phase of an asset’s lifecycle and provide full transparency about its historical and present state to other departments. \r\n<span style=\"font-weight: bold; \">Enterprise asset management system includes</span> elements of design perspectives centered on the idea that by creating digital models, companies can optimize how they utilize each asset that they invest money in according to its build and the greater context around its use. This helps companies better predict asset depreciation and never be surprised by unexpected asset failure.\r\nEAM asset management tools also include insurance and warranty information. They look at things like the environmental performance of an asset or piece of machinery to assist with audit trails and environmental impact reports. They also integrate with inventory and supply chain software to reduce menial data entry tasks and perform inventory management tasks. Another way to describe the key use of EAM solutions is they ensure change never affects the total cost of ownership (TCO) of an asset.","materialsDescription":"<h1 class=\"align-center\"> What is EAM?</h1>\r\n<span style=\"font-weight: bold; \">EAM (Enterprise Asset Management)</span> system is the management of the assets of an enterprise across departments, facilities, business units and geographical locations. Enterprise asset management market integrates techniques for holistic control and optimization throughout asset life cycles, including design, commissioning, operations and replacement:\r\n<span style=\"font-weight: bold; \">EAM definition allows to categorize it as follows</span>:\r\n<ul><li>Physical asset and infrastructure management</li><li>IT service management</li><li>Digital asset (electronic media and content) management</li><li>Fixed asset management and accounting</li><li>Emerging asset management</li></ul>\r\nThe EAM framework optimizes and extends asset life cycles and reduces Total Cost of Ownership (TCO) while maximizing Overall Asset Productivity (OAP) and Return on Assets (ROA), which is key for manufacturing and similar industries with high-value equipment. EAM arose as an extension of the <span style=\"font-weight: bold; \">computerized maintenance management system </span>(CMMS) which is usually defined as a system for the computerisation of the maintenance of physical assets.\r\n<p class=\"align-center\"><span style=\"font-weight: bold; \">Asset Management is geared toward the following results:</span> </p>\r\n<ul><li><span style=\"color: rgb(97, 97, 97); \"><span style=\"font-weight: bold; \">Asset lifecycle management.</span> Keep all asset data and documentation at your fingertips, so it’s there when you need it — regardless of where you are in the asset’s lifecycle.</span></li><li><span style=\"font-weight: bold; \">Work order management.</span> Diagnose a problem, and quickly assign specific technicians to the job. Schedule and organize work orders for employees and contractors, and keep track of upcoming work.</li><li><span style=\"font-weight: bold; \">MRO materials management.</span> Control costs with full oversight into inventory procurement and management. Understand the demand for materials at your facility and manage parts accordingly.</li><li><span style=\"font-weight: bold; \">Labor management. </span>Manage assessment, training, and certification for employees and contractors responsible for asset management in your organization.</li><li><span style=\"font-weight: bold; \">Service contract management. </span>Control compliance and spending at every step of the contract lifecycle. Create and manage contracts and service agreements with customers, vendors, partners, and employees.</li><li><span style=\"font-weight: bold; \">Financial management.</span> Gather data on work order costs, and integrate with finance software to manage accounting and project spending.</li><li><span style=\"font-weight: bold; \">Reporting and analytics. </span>Analyze asset performance to spot issues before they become bigger problems. Collect key performance indicators for your entire facility to make better business decisions. </li></ul>\r\n<h1 class=\"align-center\">Some of popular EAM software features include:</h1>\r\n<span style=\"font-weight: bold; \">Downtime tracking and </span><span style=\"font-weight: bold; \">asset tracking system.</span> When equipment breaks down, asset managers can manually log downtime in the EAM software based on the timestamps on fault codes or work requests. Also, when equipment is marked as non-operational by technicians during repairs and PMs, downtime is automatically tracked by the software. \r\n<span style=\"font-weight: bold; \">Lockout-tagout.</span> This is a safety feature that documents and enforces the physical lockout-tagout devices that are used during maintenance on dangerous machinery. By tracking lockout-tagout and check in/out procedures in the EAM software, everyone in a facility knows when an asset is unavailable. \r\n<span style=\"font-weight: bold; \">Maintenance reports. </span>Data that’s logged in maintenance software solutions shows the performance of assets in terms of reliability rather than production output. Seeing how reliable a machine is over time informs asset managers and procurement whether that machine model should be purchased again. \r\n<span style=\"font-weight: bold; \">Financial audits.</span> 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 manage the complete asset lifecycle without requiring financial departments to learn how to navigate the EAM software.\r\n<h1 class=\"align-center\">What’s the difference between EAM and CMMS software? EAM vs CMMS comparison</h1>\r\n<p class=\"align-left\">At first glance, the differences between EAM and CMMS software are minimal—both help organizations move from a reactive to a preventive maintenance strategy by automating maintenance activities, inventory management, and work orders.</p>\r\n<p class=\"align-left\">But as the name indicates, a <span style=\"font-weight: bold; \">computerized maintenance management system (CMMS)</span> is used primarily to manage maintenance during the operational part of an asset’s life—the time when it’s up and running and working as a productive part of a facility.</p>\r\nEAM asset management software, on the other hand, manages the entire lifecycle of an asset, from creation or procurement through to disposal. It is often used by organizations with a larger number of users across multiple sites and includes capabilities like lifecycle planning.\r\n<p class=\"align-left\">Basically, <span style=\"font-weight: bold; \">EAM lets you see a much bigger picture.</span> It gives you an overview of priorities and lets you see what tools—including finances, skills, materials, and information—are at your disposal to meet those priorities.</p>","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/EAM_-_Enterprise_Asset_Management.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]},"sap-work-manager":{"id":979,"logoURL":"https://old.roi4cio.com/fileadmin/user_upload/SAP_Work_Manager.png","logo":true,"scheme":false,"title":"SAP Work Manager","vendorVerified":0,"rating":"2.40","implementationsCount":1,"suppliersCount":0,"supplierPartnersCount":30,"alias":"sap-work-manager","companyTitle":"SAP","companyTypes":["supplier","vendor"],"companyId":167,"companyAlias":"sap","description":"Empower your workforce with everything they need to efficiently install, inspect, maintain, and repair assets in the field, anytime and anywhere. Regardless of connectivity, SAP Work Manager allows remote employees to access, complete, and manage their assigned work orders and service requests via mobile devices. The SAP Work Manager mobile app also mitigates the risk of injury by helping workers complete safety checks and follow safe work practices.\r\nNote: To use SAP Work Manager with your business data, you must be a user of SAP EAM, with mobile services enabled by your IT department. You can try out the app first using sample data.","shortDescription":"SAP Work Manager is a comprehensive mobile solution for the automation of asset management and field service processes. ","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":14,"sellingCount":14,"discontinued":0,"rebateForPoc":0,"rebate":0,"seo":{"title":"SAP Work Manager","keywords":"Work, Manager, mobile, your, with, complete, data, work","description":"Empower your workforce with everything they need to efficiently install, inspect, maintain, and repair assets in the field, anytime and anywhere. Regardless of connectivity, SAP Work Manager allows remote employees to access, complete, and manage their assigne","og:title":"SAP Work Manager","og:description":"Empower your workforce with everything they need to efficiently install, inspect, maintain, and repair assets in the field, anytime and anywhere. Regardless of connectivity, SAP Work Manager allows remote employees to access, complete, and manage their assigne","og:image":"https://old.roi4cio.com/fileadmin/user_upload/SAP_Work_Manager.png"},"eventUrl":"","translationId":980,"dealDetails":null,"roi":null,"price":null,"bonusForReference":null,"templateData":[],"testingArea":"","categories":[{"id":75,"title":"ERP - Enterprise Resource Planning","alias":"erp-enterprise-resource-planning","description":"<span style=\"font-weight: bold; \">Enterprise resource planning (ERP)</span> is the integrated management of main business processes, often in real-time and mediated by software and technology.\r\nEnterprise resource planning system is usually referred to as a category of business management software — typically a suite of integrated applications—that an organization can use to collect, store, manage, and interpret data from these many business activities.\r\nERP provides an integrated and continuously updated view of core business processes using common databases maintained by a database management system. \r\nEnterprise resource planning solutions track business resources— cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the system share data across various departments (manufacturing, purchasing, sales, accounting, etc.) that provide the data. \r\n<p class=\"align-left\">ERP facilitates information flow between all business functions and manages connections to outside stakeholders.</p>\r\n<p class=\"align-left\">You can think of an enterprise resource planning system as the glue that binds together the different computer systems for a large organization. Without an ERP application, each department would have its own system optimized for that division's particular tasks. With ERP software, each department still has its own system, but all of the systems can be accessed through one application with one interface.</p>\r\n<p class=\"align-left\">ERP applications also allows the different departments to communicate and share information more easily with the rest of the company. It collects information about the activity and state of different divisions, making this information available to other parts, where it can be used productively.</p>\r\n<p class=\"align-center\"><span style=\"font-weight: bold;\">ERP systems typically include the following characteristics:</span></p>\r\n<ul><li>An integrated system</li><li>Operates in (or near) real time</li><li>A common database that supports all the applications</li><li>A consistent look and feel across modules</li><li>Installation of the system with elaborate application/data integration by the Information Technology (IT) department, provided the implementation is not done in small steps</li><li>Deployment options include: on-premises, cloud hosted, or SaaS</li></ul>\r\n<p class=\"align-left\">Enterprise resource planning programs have traditionally been used by the big players in the market that have thousands of employees spread out over the world. However, software developers are now marketing business ERP solutions to small- and medium-sized companies. </p>\r\n<p class=\"align-left\">There are different types of ERP software ranging from industry-specific ERP solutions to web-based, or cloud ERP software; to small business ERP.<br />The type of ERP system that will work best for your business depends on the size of your organization and the functions of the ERP solution that can best support your business requirements.</p>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">Industry Specific ERP.</span> ERP systems for large corporations are often built from the ground up to suit the organization's specific and unique needs. For a small business like yours, an off-the-shelf model will work fine. Most are grouped into three categories to service manufacturing, finance or logistics based companies.</p>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">Web-Based ERP system.</span> ERP software services tend to be complex, requiring high-end computers to run them. However, instead of purchasing the software to run on your computer in your office, many suppliers offer Software as a Service, or SaaS. In this case, you pay a subscription to access the software and your data over the internet. Because the program is running on a remote server, you are free to access it from anywhere you have an Internet connection.</p>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">ERP software for small business.</span> Although ERP systems can cover everything from supply chain management to accounting solutions as well as customer relations management, your business may not need to automate all these functions. Therefore, software developers offer scaled-down models at a lower, more cost-effective price. For instance, your operation may work fine with a system that offers sales and order management, but leaves out the module for warehouse management.<br /><br /><br /><br /><br /></p>","materialsDescription":"<h1 class=\"align-center\"> <span style=\"font-weight: normal;\">What does an ERP do?</span></h1>\r\nThe purpose of an ERP management system is to improve efficiency (and thereby profitability) through improving how company resources are spent, whether those resources be time, money, staff or something else.<br />If you can reduce how many resources are being used, without sacrificing quality/performance, then you can grow your business more efficiently and appropriately.\r\nERP software combines a number of different reports and metrics across various departments into the same environment. This makes it easier to get a full view of what’s going on and how resources are being spent.<br />From this vantage point of the business, you can discover key insights into how processes might be improved or resources better spent to generate higher growth. \r\nWithout an ERP system and proper planning of how resources should be spent to maximize growth and the bottom line, it is much easier to invest resources in tactics that underperform.\r\nConversely, a great ERP software platform allows a business to allocate resources away from underperforming tactics and into those that are generating good returns.\r\n<p class=\"align-left\">An ERP system also makes it faster to find the information or report you’re after because everything is in the same place. You don’t have to search through spreadsheets or look through different business applications to find that kernel of data you need; it’s all available and accessible right from the ERP interface.</p>\r\n<header><h1 class=\"align-center\"><span style=\"font-weight: normal;\">What are the different features of ERP software?</span></h1>\r\n<p class=\"align-center\"></p></header>\r\nERP software can differ depending on the package you purchase and the provider. That being said, there are some key features that you should look for when researching ERP software providers. Your software should, at the bare minimum, offer the following modules:\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Accounting:</span> Manage all of your financial reports in the same interface, such as purchase orders, expenses, sales reports, payroll, etc. This makes it easier to monitor your cash flow and revenue and determines how money might be better spent or how you can reduce your burn rate.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Inventory and warehousing</span>: If your business has inventory or warehouse processes, your ERP business software needs to be able to integrate those operations to better track and manage goods. This makes it easier to see how much inventory is available, what inventory is going out for delivery, what inventory is coming in from which vendors and more. Carefully monitoring and tracking these processes helps protect a business from running out of stock, mismanaging a delivery and other potential issues.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">eCommerce and web</span>: It’s essential for a business to be able to see the eCommerce side of their business separate from physical, retail sales. After all, the tactics you leverage to encourage online sales are different than the ones you use for your physical stores. An excellent ERP system will enhance your existing web offerings to include better purchase options for customers to choose from.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Human resources</span>: As much as a business strives to keep customers happy and retained, it is equally important that your employees remain happy as well. The HR module of your ERP system contains all of the employee management processes, including payroll expenses, recruitment, performance evaluations, attendance, scheduling and more. It’s a one-stop module for all employee management and communication efforts.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">CRM and marketing</span>: Your brand-customer relationships are ultimately going to drive repeat business. It’s important to know how effectively your marketing tactics are working at engaging and re-engaging customers, whether those tactics are email marketing campaigns, social media offers, surveys, follow-up phone calls and others. The CRM module will better express what’s working and what isn’t and how marketing is translating into added revenue.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Project management:</span> The last should-have feature of your ERP software product is a project management tool, which allows you to communicate productively across your organization to plan and execute projects internally. This helps ensure company cohesion by getting every involved stakeholder or employee on the same page and in-the-know as to the most current business objectives and goals.</li></ul>\r\n<h1 class=\"align-center\"><span style=\"font-weight: normal;\">Benefits of ERP software and why to build it</span></h1>\r\n<p class=\"align-left\">In today’s business environments, it’s hard to move on without an ERP system. Among the main benefits of ERP implementation is automatization of manual tasks staff spends hours on and thus improves the overall business performance. So the staff can focus on more important initiatives. At the same time, you can collect real-time data for improving performance management and making data-driven decisions.<br />ERP planning software comes handy in lots of areas due to its in-built modules and flexibility. Here are a few advantages of ERP software tools:</p>\r\n<p class=\"align-left\"><br />1. <span style=\"font-weight: bold;\">Reduce operating cost</span>. The company starts gaining profit as soon as the ERP system is implemented. Prepare to face the reduction of marketing expenses, inventory maintenance, production cost and so on. Also, if you’re aimed at combining all business processes within a unified system, ERP is the right choice. By using the software, it’s easy to improve cross-department cooperation and increase staff’s efficiency.</p>\r\n<p class=\"align-left\">2.<span style=\"font-weight: bold;\"> Instant data access.</span> With ERP systems, employees soon forget about hours spent on collecting necessary details. Instead, they can be accessed in just a few minutes. Works great for busy executives and department managers that need to access data quickly.</p>\r\n<p class=\"align-left\">3. <span style=\"font-weight: bold;\">Defined planning process.</span> It’s easy to understand the business objectives, targets and aims when you have a full list of business needs, outcomes, and assets all in one place.</p>\r\n<p class=\"align-left\">Sure, ERP systems also have some disadvantages. The most common issue is the price. It’s almost impossible for small companies to develop an ERP suite for their own needs, only middle and large-sized corporations can afford it.<br /><br /><br /><br /><br /></p>","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/ERP_-_Enterprise_Resource_Planning.png"},{"id":168,"title":"EAM - Enterprise Asset Management","alias":"eam-enterprise-asset-management","description":"<span style=\"font-weight: bold; \"><span style=\"font-weight: bold; \">EAM</span> (Enterprise asset management)</span> involves the management of the maintenance of physical assets of an organization throughout each asset's lifecycle. EAM management system is used to plan, optimize, execute, and track the needed maintenance activities with the associated priorities, skills, materials, tools, and information. This covers the design, construction, commissioning, operations, maintenance and decommissioning or replacement of plant, equipment and facilities.\r\n"Enterprise" refers to the scope of the assets in an Enterprise across departments, locations, facilities and, potentially, supporting business functions eg; Finance & GL, Human Resources and Payroll. \r\n<span style=\"font-weight: bold; \">Enterprise asset management software </span>is a computer software that handles every aspect of running a public works or asset-intensive organization. Maintenance management software collects and analyzes data for physical assets during all phases of the asset lifecycle, including the acquisition, maintenance, and disposal phase. EAM software is used by large organizations that have outgrown basic CMMS software. These organizations have hundreds of physical assets (machinery, equipment, etc) and employees that are responsible for managing the asset lifecycle. These employees, referred to as asset managers, are also responsible for making decisions that require them to track warranties, depreciation, and downtime.\r\nIn terms of features, the lines are becoming blurred between CMMS and EAM solutions as some CMMS products allow asset managers to track these items. But true EAM program gives asset managers the ability to track every phase of an asset’s lifecycle and provide full transparency about its historical and present state to other departments. \r\n<span style=\"font-weight: bold; \">Enterprise asset management system includes</span> elements of design perspectives centered on the idea that by creating digital models, companies can optimize how they utilize each asset that they invest money in according to its build and the greater context around its use. This helps companies better predict asset depreciation and never be surprised by unexpected asset failure.\r\nEAM asset management tools also include insurance and warranty information. They look at things like the environmental performance of an asset or piece of machinery to assist with audit trails and environmental impact reports. They also integrate with inventory and supply chain software to reduce menial data entry tasks and perform inventory management tasks. Another way to describe the key use of EAM solutions is they ensure change never affects the total cost of ownership (TCO) of an asset.","materialsDescription":"<h1 class=\"align-center\"> What is EAM?</h1>\r\n<span style=\"font-weight: bold; \">EAM (Enterprise Asset Management)</span> system is the management of the assets of an enterprise across departments, facilities, business units and geographical locations. Enterprise asset management market integrates techniques for holistic control and optimization throughout asset life cycles, including design, commissioning, operations and replacement:\r\n<span style=\"font-weight: bold; \">EAM definition allows to categorize it as follows</span>:\r\n<ul><li>Physical asset and infrastructure management</li><li>IT service management</li><li>Digital asset (electronic media and content) management</li><li>Fixed asset management and accounting</li><li>Emerging asset management</li></ul>\r\nThe EAM framework optimizes and extends asset life cycles and reduces Total Cost of Ownership (TCO) while maximizing Overall Asset Productivity (OAP) and Return on Assets (ROA), which is key for manufacturing and similar industries with high-value equipment. EAM arose as an extension of the <span style=\"font-weight: bold; \">computerized maintenance management system </span>(CMMS) which is usually defined as a system for the computerisation of the maintenance of physical assets.\r\n<p class=\"align-center\"><span style=\"font-weight: bold; \">Asset Management is geared toward the following results:</span> </p>\r\n<ul><li><span style=\"color: rgb(97, 97, 97); \"><span style=\"font-weight: bold; \">Asset lifecycle management.</span> Keep all asset data and documentation at your fingertips, so it’s there when you need it — regardless of where you are in the asset’s lifecycle.</span></li><li><span style=\"font-weight: bold; \">Work order management.</span> Diagnose a problem, and quickly assign specific technicians to the job. Schedule and organize work orders for employees and contractors, and keep track of upcoming work.</li><li><span style=\"font-weight: bold; \">MRO materials management.</span> Control costs with full oversight into inventory procurement and management. Understand the demand for materials at your facility and manage parts accordingly.</li><li><span style=\"font-weight: bold; \">Labor management. </span>Manage assessment, training, and certification for employees and contractors responsible for asset management in your organization.</li><li><span style=\"font-weight: bold; \">Service contract management. </span>Control compliance and spending at every step of the contract lifecycle. Create and manage contracts and service agreements with customers, vendors, partners, and employees.</li><li><span style=\"font-weight: bold; \">Financial management.</span> Gather data on work order costs, and integrate with finance software to manage accounting and project spending.</li><li><span style=\"font-weight: bold; \">Reporting and analytics. </span>Analyze asset performance to spot issues before they become bigger problems. Collect key performance indicators for your entire facility to make better business decisions. </li></ul>\r\n<h1 class=\"align-center\">Some of popular EAM software features include:</h1>\r\n<span style=\"font-weight: bold; \">Downtime tracking and </span><span style=\"font-weight: bold; \">asset tracking system.</span> When equipment breaks down, asset managers can manually log downtime in the EAM software based on the timestamps on fault codes or work requests. Also, when equipment is marked as non-operational by technicians during repairs and PMs, downtime is automatically tracked by the software. \r\n<span style=\"font-weight: bold; \">Lockout-tagout.</span> This is a safety feature that documents and enforces the physical lockout-tagout devices that are used during maintenance on dangerous machinery. By tracking lockout-tagout and check in/out procedures in the EAM software, everyone in a facility knows when an asset is unavailable. \r\n<span style=\"font-weight: bold; \">Maintenance reports. </span>Data that’s logged in maintenance software solutions shows the performance of assets in terms of reliability rather than production output. Seeing how reliable a machine is over time informs asset managers and procurement whether that machine model should be purchased again. \r\n<span style=\"font-weight: bold; \">Financial audits.</span> 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 manage the complete asset lifecycle without requiring financial departments to learn how to navigate the EAM software.\r\n<h1 class=\"align-center\">What’s the difference between EAM and CMMS software? EAM vs CMMS comparison</h1>\r\n<p class=\"align-left\">At first glance, the differences between EAM and CMMS software are minimal—both help organizations move from a reactive to a preventive maintenance strategy by automating maintenance activities, inventory management, and work orders.</p>\r\n<p class=\"align-left\">But as the name indicates, a <span style=\"font-weight: bold; \">computerized maintenance management system (CMMS)</span> is used primarily to manage maintenance during the operational part of an asset’s life—the time when it’s up and running and working as a productive part of a facility.</p>\r\nEAM asset management software, on the other hand, manages the entire lifecycle of an asset, from creation or procurement through to disposal. It is often used by organizations with a larger number of users across multiple sites and includes capabilities like lifecycle planning.\r\n<p class=\"align-left\">Basically, <span style=\"font-weight: bold; \">EAM lets you see a much bigger picture.</span> It gives you an overview of priorities and lets you see what tools—including finances, skills, materials, and information—are at your disposal to meet those priorities.</p>","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/EAM_-_Enterprise_Asset_Management.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]}},"aliases":{"1":["ibm-maximo","sap-work-manager"]},"links":{"first":"http://b4r_be/api/products?page=1","last":"http://b4r_be/api/products?page=1","prev":null,"next":null},"meta":{"current_page":1,"from":1,"last_page":1,"path":"http://b4r_be/api/products","per_page":20,"to":2,"total":2},"loading":false,"error":null,"useProductLoading":false,"sellProductLoading":false,"templatesById":{},"comparisonByTemplateId":{}},"filters":{"filterCriterias":{"loading":false,"error":null,"data":{"price":{"min":0,"max":6000},"users":{"loading":false,"error":null,"ids":[],"values":{}},"suppliers":{"loading":false,"error":null,"ids":[],"values":{}},"vendors":{"loading":false,"error":null,"ids":[],"values":{}},"roles":{"id":200,"title":"Roles","values":{"1":{"id":1,"title":"User","translationKey":"user"},"2":{"id":2,"title":"Supplier","translationKey":"supplier"},"3":{"id":3,"title":"Vendor","translationKey":"vendor"}}},"categories":{"flat":[],"tree":[]},"countries":{"loading":false,"error":null,"ids":[],"values":{}}}},"showAIFilter":false},"companies":{"companiesByAlias":{},"aliases":{},"links":{},"meta":{},"loading":false,"error":null},"implementations":{"implementationsByAlias":{},"aliases":{},"links":{},"meta":{},"loading":false,"error":null},"agreements":{"agreementById":{},"ids":{},"links":{},"meta":{},"loading":false,"error":null},"comparison":{"loading":false,"error":false,"templatesById":{},"comparisonByTemplateId":{},"products":[],"selectedTemplateId":null},"presentation":{"type":null,"company":{},"products":[],"partners":[],"formData":{},"dataLoading":false,"dataError":false,"loading":false,"error":false},"catalogsGlobal":{"subMenuItemTitle":""}}