Enterprise Asset Management Software (EAM)

Maintain, control, and analyze your assets and infrastructure throughout all phases of the asset lifecycle with robust enterprise asset management software.

Two maintenance professionals use enterprise asset management software on laptop to track equipment in warehouse

What Is EAM?

EAM - or enterprise asset management - is a system of processes and tools for managing and maintaining an organization's assets and equipment. EAM software offers a wide range of features to track, manage, and analyze asset performance and costs through all phases of the asset lifecycle, from acquisition to disposal.  

The Benefits of Enterprise Asset Management Software

Optimize, analyze, manage and track your assets through all stages of the asset life cycle to save time, improve maintenance activities, lower costs, and more.

Flexible Functionality

By allowing you to use both real-time data and historical information, an EAM solution can provide you with the insight needed to extend asset utilization, asset reliability, and asset availability.

Multi-Site Operations

By providing a centralized view of all your asset data – including repair histories, energy usage, audit trails, warranty records and purchase order information – the right EAM software will help your teams get on the same page across sites and systems.

Advanced Reporting Insights

By allowing you to compile real-time data and historical information, an EAM can provide you with the insight needed to pinpoint maintenance needs, establish KPIs, and extend the reliability, availability, and usability of your assets over time.

Data-Driven Maintenance Operations

Advanced asset tracking, AI-powered remote monitoring and other “digitally transformed” maintenance management capabilities allow for future-proof operations and data-driven decision-making.

Enterprise Asset Management Software (EAM) ― Key Capabilities

Advanced functionalities allow for true multi-site transparency, digital transformation and modern maintenance operations.

Two technicians looking at tablet with EAM software
Flexible, Comprehensive Functionality

The right EAM software will allow you to scale up or scale down to meet your organization’s current facility management needs. Maintenance Connection provides both straightforward CMMS functionality – like work order management and asset performance management – as well as EAM-level functionality like:

  • Spare parts inventory management  
  • Financial management  
  • Purchasing
  • Multi-site capabilities, and more
Maintenance professional viewing EAM software dashboard to manage facility assets
Advanced Reporting and Dashboards

An EAM system can help you meet rising expectations and overcome persistent pain points by allowing you to extract meaningful data to pinpoint maintenance needs and manage KPIs. EAM dashboards can specifically cover:  

  • Multi-site insights  
  • Financial functions  
  • Inventory and equipment  
  • KPIs  
  • Maintenance logs    
Two technicians maintain equipment in a large facility with enterprise asset management software
Multi-Site Capabilities

EAM software and best practices - including a native mobile app like MC Kinetic - allow for true multi-site operations and seamless communication across teams and departments. This can ultimately streamline maintenance work and help organizations in an asset-intensive industry to:

  • Help teams and facility managers manage more fixed assets across locations and devices
  • Provide a scalable technological infrastructure to execute maintenance tasks
  • Create a centralized view that allows for business intelligence insights and data sharing across sites
  • Help teams streamline language, tagging, and nomenclature among sites
  • Reconcile technology across sites and locations
  • Execute preventative maintenance cleanly and efficiently  

Related Industries Served

EAM FAQ

What is the difference between EAM and a CMMS?

The formal difference between an EAM and a CMMS is that an EAM tends to provide a wider array of features to track, manage, and analyze asset performance throughout the asset lifecycle. This can include features like:  

  • Inventory management  
  • A purchasing management system  
  • Document and knowledge management  
  • Multi-site management tools  
  • Labor management tools  
  • Service management  
  • An accounting system and financial management  
  • Supply chain management  

However, the lines are far more blurred in reality, as a modern and robust computerized maintenance management system also boasts these functionalities. You can learn more about the nuance and what to focus on when choosing a system here.  

Why is enterprise asset management important?

Enterprise asset management is important because the right EAM can help your organization track, manage, analyze and optimize your assets through all stages of the asset lifecycle, from acquisition to disposal. This can lead to:

  • Marked improvements in transparency and preventive maintenance capabilities
  • Maximized asset life  
  • Flexibility to work from anywhere  
  • Lower downtime
  • Simplified audits  
  • Centralized asset data  
  • Improved benchmarking and performance management  
  • More modern maintenance strategy and operations