There are hundreds of software solutions available on the market these days. For maintenance professionals, making a choice can be tricky because each system promises to deliver the best maintenance and asset management solution.
The challenge is that they’re not equal at all. Although many of them have some overlapping functions, there are specific benefits you’ll get from each one. Understanding these differences will help you to choose the right solution for your organization.
Here’s a brief comparison between two of the most commonly used software for companies with a considerable asset base – enterprise asset management (EAM) system and computerized maintenance management system (CMMS). At the end of this post, you should be in a better position to choose.
The Basics of EAM
Enterprise Asset Management (EAM) is a system that is designed for managing the entire scope of an organization’s physical assets. It offers an integrated platform for managing and automating several aspects of a company’s business processes such as Customer Relationship Management (CRM), human resources, manufacturing, inventory, accounting, procurement, financials, etc.
EAM also provides a wide range of features to consider the total cost of ownership (TCO), track, manage, and analyze asset performance from procurement and commissioning all the way to decommissioning and disposal.
The Basics of CMMS
Computerized Maintenance Management System (CMMS) is specifically designed for tracking and maintaining the physical assets and resources owned by an organization. CMMS empowers its users to automate and simplify every aspect of the daily asset management function of a business. Also, every activity that is routed through a CMMS forms a digital record thereby making it a powerful tool for analyzing historical records whenever those records are needed.
CMMS aims at streamlining maintenance management. It comes with several modules that are easily customizable such as Work Order Management, Report Generating, Document Management, Asset Tracking, Mobile CMMS, Inventory Management, Preventive Maintenance Management, just to mention a few.
More and more organizations are adopting CMMS solutions as it provides a safe, easy to deploy, and cost-efficient tool for managing different structures in all kinds of industries. This
CMMS vs. EAM: What’s The Difference?
CMMS is originally designed to focus on maintenance while EAM systems are designed with a more comprehensive and organization-wide approach that incorporates multiple business functions seamlessly. Another way to look at it is that a CMMS begins to track an asset and generate information about it after purchase and installation, while an EAM allows its users to track that same asset from procurement, to commissioning till disposal.
The core of a typical CMMS is maintenance management. In fact, some of the smaller and older CMMS brands can only handle tasks like work orders and equipment records. However, the range of CMMS capabilities have grown tremendously over the years. For instance, the most advanced CMMS solutions, like Axxerion CMMS, come with EAM capabilities that allow you to manage assets for a variety of industries like real estate, healthcare, and biomedical sciences.
In addition, it’s scalable, flexible, and customizable to easily help you streamline your asset management operations.
If you’re still trying to decide which solution to adopt, why not contact us today and request a demo? You’ll be pleasantly surprised by how much our software can optimize your asset maintenance.Free DemoFree Demo