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What is an Asset Maintenance Software?

Asset maintenance and management software is software used to record and oversee the life cycle of an asset, right from purchase to disposal. It informs businesses about the location of certain assets, who uses them, how they are used, and other details about the asset. Asset maintenance management software can help organizations manage both software and physical assets.

Asset maintenance management software can also track equipment utilization and spot possible issues before they cause breakdowns or failures. By providing real-time information on asset performance and repair requirements, the software can help organizations reduce delays, enhance productivity, and decrease maintenance costs.

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Key Features of Asset Maintenence Software

Asset management and maintenance software is also known as computerized maintenance management systems (CMMS). Asset Management Software includes several features designed to help companies efficiently track and manage the entire lifecycle of their assets. The following are some of the important features of asset maintenance software:

Asset Management

The capacity to monitor and control assets

Preventive Maintenance Scheduling

The ability to plan maintenance activities, generate work orders and assign responsibilities to specialists to prevent breakdowns and failures.

Work Order Management

The ability to create, assign, and track work orders for upkeep tasks such as labor, components, and inventory.

Inventory Management

The ability to keep track of inventory assets, monitor components and supplies, and replace items as and when needed.

Mobile Access

The chancel to acess software and perform repair tasks from a mobile device increases technician productivity and responsiveness.

Reporting and Analytics

The capacity to generate reports and analytics on asset performance, maintenance tasks, and expenses, thereby providing insights to improve maintenance efficiency and lower costs.

Technology Integration

The ability to connect with other systems such as ERP, BMS, and Internet of Things (IoT) platforms to simplify maintenance tasks and enhance data accuracy.

Benefits of Asset Maintenance Software

Increase Asset Visibility

Asset maintenance and management software comes equipped with essential functionalities to ensure the visibility and discoverability of all assets. This information is stored in a centralized database called an asset registry.

An asset register contains information about each physical asset including: Purchasing cost, Purchasing date, Location, Number of units avaliable, Unique ID number

Track Assets in Real-time

With the help of real-time asset management tools, asset managers can keep their registers up to date with precise information.

Businesses can use real-time asset tracking tags and labels to identify equipment, vehicles, and inventory. RFID tags, barcodes, QR codes, NFC tags, and GPS trackers are some examples of asset tracking labels that can be used, each with advantages depending on the specific requirements.

Identify and Erase Ghost Assets

By incorporating real-time monitoring, an asset maintenance and management system can quickly identify and eliminate ghost assets, thereby preventing the unnecessary payment of taxes or insurance fees on assets that do not exist.

Eliminate Spreadsheets and Whiteboards

One significant benefit of setting up an automated asset management system is the ability to eliminate manual approaches such as spreadsheets.

Given the limitations of spreadsheets regarding feature shortage, the inability to monitor assets in real-time, and cloud-based restrictions, opting for a digital asset management system is a more efficient strategy for securing your company's long-term future.

Enhance Asset Life Cycle Management

Asset Management Software equips businesses with the functionalities to comprehend the life cycle of each asset.

This comprehensive understanding of life cycle management facilitates asset buying, operation, maintenance, and disposal.

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Key Benefits of Using Infraon's Asset Maintenance Software

Improving Asset Uptime

Infraons asset management software offers real-time information about the state of assets, supporting the discovery and resolution of issues, decreasing downtime, and increasing asset uptime.

Enhancing Asset Management

Infraons asset maintenance software enables centralized asset management, including the monitoring of maintenance schedules, work orders, and asset records. This helps in optimizing asset efficiency and reducing downtime.

Improving Safety and Compliance

Infraons asset maintenance and management software helps organizations meet safety and regulatory requirements by notifying them of checks, certifications, and other compliance- related tasks.

Boosting ROI

By reducing downtime, maximizing asset performance, and improving maintenance planning, Infraons asset management software can help companies save money on maintenance, boost ROI, extend asset life, and avoid expensive repairs or replacements.

Improving Maintenance Planning

With Infraons asset maintenance software, maintenance planning becomes more effective, as the system automatically plans preventive maintenance based on asset utilization and history. This ensures that repair is performed at the right time, minimizing unplanned downtime and maintenance expenses.

Increasing Output

Infraons asset management software simplifies maintenance processes, allowing staff to focus on other duties and increasing productivity and efficiency. Overall, Infraons asset management software gives businesses the tools to handle and maintain their assets effectively, resulting in increased uptime, better asset performance, and substantial cost savings.

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