Enterprise asset management
Engineered for enterprise-scale asset management and maintenance optimization
Manage all your assets in one place, reduce downtime, and make smarter, faster decisions. Facilio’s EAM software gives you real-time insights to keep assets in top condition and your costs in check.
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Trusted by the world’s largest property operations
firms
Asset lifecycle management
Make informed decisions with real-time asset insights
Our cloud-based command center provides real-time insights and intuitive dashboards. Track asset health, schedule preventive maintenance, and identify areas for improvement.
With key metrics like MTTR, MTBF, and asset lifecycle cost at your fingertips, you can make informed decisions that maximize asset performance and extend their lifespan.
Centralized asset data
Get a complete view of every asset in one place
All assets are organized in one central system, each with a unique barcode or QR code for quick identification and instant access to service requests.
Simply scan the code to raise a request in seconds. View each asset’s maintenance schedule, track any missed or pending preventive tasks, and ensure upkeep is always on track.
Proactive asset depreciation management
Mitigate risks and manage depreciating assets
Easily track asset depreciation and sidestep costly breakdowns. Facilio keeps you informed about an asset’s useful life, helping you plan timely replacements/ renewals with ease.
Automated inspections allow you to monitor aging assets and ensure compliance, reducing the risk of unexpected expenses.
Fault and failure reports
Predict and prevent equipment failures
Predict and prevent asset failures with Facilio’s automated triggers that help you spot anomalies and address issues before they escalate.
Detailed reports on energy usage, along with breakdown histories, make it easy to troubleshoot and keep operations running smoothly.
Optimize your asset maintenance costs and maximize your ROI with Facilio.
Schedule a demoReady-to-deploy O&M efficiencies served with modularity
There is no one-size-fits-all solution when it comes to deploying a CMMS.
Pick and choose the modules you need to realise the true value of your properties.
“Before Facilio, our facility operations were fragmented and inefficient. Now, we have a connected platform that provides a centralized view of all our operations, enabling us to optimize performance and improve efficiency.”
— Fortes Education
150+
Custom reports built
Custom reports built
2x
Improved operational efficiency
Improved operational efficiency
90%
SLA adherence achieved
SLA adherence achieved
Improve asset reliability and extend asset lifespan with cloud-based EAM software.
Book a demoFrequently Asked Questions
What is enterprise asset management (EAM)?
Enterprise asset management (EAM) optimizes the entire lifecycle of physical assets to maximize their value. This involves tracking performance, streamlining maintenance, and controlling costs to ensure assets are utilized efficiently and effectively. With Facilio’s EAM software, you can gain a bird's-eye view of all your assets throughout their lifecycle, track asset maintenance KPIs like MTBF, and manage repairs and replacements from a single, unified platform. The real-time asset tracking and actionable insights empower you to make data-driven decisions, optimize asset performance, and extend their lifespan.
What is the difference between EAM and CMMS?
Both EAM (Enterprise Asset Management) and CMMS (Computerized Maintenance Management System) manage assets, but their scope differs. CMMS focuses on maintenance—work orders, scheduling, and inventory. EAM encompasses the entire asset lifecycle, from acquisition to disposal, including:
- Proactive maintenance (often incorporating CMMS functionality)
- Asset tracking and lifecycle management
- Asset performance management and depreciation
- Energy optimization and reporting
Why is EAM important?
Enterprise Asset Management (EAM) isn't just about managing all asset categories but maximizing their value. EAM empowers you to optimize asset performance, prevent costly downtime, manage replacement asset value, and extend lifespan – ultimately boosting your bottom line. By implementing a robust EAM strategy, you can transform your assets from cost centers into profit drivers. Facilio's EAM helps organizations future-proof their operations by adapting to evolving needs and integrating with new technologies.
What are the key features of an effective EAM?
The key components of EAM include asset condition monitoring, maintenance management, inventory management, work order management, and resource inspections. These components work with each other to ensure that assets are utilized effectively and well maintained throughout their lifecycle. An effective EAM solution should also provide:
- Centralized data source and control center for all assets
- Real-time insights into asset performance and health
- Automated workflows for maintenance planning and execution
- Tools for tracking asset lifecycle costs and depreciation
- Integration with other business-critical, third-party systems
Is EAM part of ERP?
While ERP systems offer a broad overview of business operations, they often lack the depth and specificity required for strategic asset management. A dedicated EAM solution like Facilio provides granular control, advanced analytics, and proactive maintenance capabilities beyond basic ERP functionality. Facilio's EAM seamlessly integrates with your existing ERP and other business systems, providing a single source of truth for all your asset-related data. It complements existing ERP systems by providing specialized functionality for asset management.
What are the benefits of EAM?
While a strategic enterprise asset management plan offers an array of benefits, here are the top three benefits delivered by effective EAM software.
- Improved asset performance and reliability: EAM improves asset performance strategy and reliability by enabling proactive maintenance, reducing downtime, and extending asset lifespan. This leads to increased productivity and reduced operational disruptions.
- Cost savings and efficiency: Implementing an EAM strategy can result in significant cost savings through optimized maintenance schedules, reduced downtime equipment, and efficient resource utilization. It also helps identify cost-saving opportunities and avoid unnecessary expenses.
- Compliance and risk management: EAM solutions help enforce asset management policies and ensure compliance with regulatory standards and industry requirements. By maintaining accurate asset records and documentation, organizations can mitigate risks and avoid penalties associated with non-compliance.
How to choose the right EAM software?
While choosing an important component of your enterprise like an asset management software, you need to consider:
- Connected Platform: Pick a platform that connects people, processes, and systems to break down silos and foster collaboration.
- Organization's Needs: Understand your asset portfolio size, industry, and compliance requirements thoroughly.
- Real-time Data and Analytics: Choose a solution that provides real-time insights into asset performance and health, enabling proactive decision-making.
- Scalability: Ensure that the EAM solution of your choice is adaptable to your future growth and changes.
- Action-Bias: Choose a platform that empowers your teams with mobile access, automated workflows, and real-time alerts to drive efficiency and responsiveness.
- User-Friendliness: Only if the EAM system is user-friendly, the user adoption would be high and the learning curve would be low.
- Visibility and Control: Pick a system that offers your decision-makers the visibility and control they need to drive strategic initiatives and optimize processes.
- Total Cost: The total cost of ownership including licensing, implementation, training, maintenance, and more needs to be taken into account.
- Vendor Reputation: While evaluating EAM software solutions, it is critical to check whether the vendor has a reliable support system in place.
- Stakeholder Input: Gathering feedback from stakeholders through demos and trials would help find the right EAM solution quicker.
- Integration: Make sure that the asset management solution is compatible with your existing third-party systems.
Why Facilio is the best EAM platform for you?
It comes down to empowering you with a modern, connected platform for asset management.
- A unified platform for all your asset management needs: Facilio's EAM goes beyond traditional CMMS by offering a single platform for managing the entire asset lifecycle, from acquisition to disposal. Track asset performance, optimize maintenance, manage inventory, and gain valuable insights — all in one central hub.
- Connect your operations and break down silos: Facilio's EAM seamlessly integrates with your existing systems, including ERP, BMS, and IoT sensors, to provide a holistic view of your operations. Say goodbye to data silos and hello to streamlined workflows and improved collaboration.
- Empower your team with mobile access and automation: Facilio's mobile-first platform empowers your team with the tools and information they need to work efficiently from anywhere. Automate tasks, streamline workflows, and optimize asset performance with real-time data and intelligent automation.
