Enterprise Asset Management contains all of the features of Asset Management, plus features to manage assets during the strategic planning phases. It addresses the concerns of multiple stakeholders, such as financial and departmental managers.
The application coordinates your real estate strategic, capital, and asset plans in a single location. Additionally, it records accurate data on asset disposition and provides analyses to optimize value throughout the asset lifecycle. It provides accurate data to improve strategic planning, reduce downtime and disruption, and mitigate regulatory reporting risks. Facilities professionals can view asset ownership, location, status, value, cost/performance, and financial reporting. They can also reduce capital expenditures through improved utilization and re-use rates.