20 Best Enterprise Asset Management Software Reviewed In 2024
Best Enterprise Asset Management Software Shortlist
Here’s my pick of the 10 best software from the 20 tools reviewed.
Our one-on-one guidance will help you find the perfect fit.
Enterprise asset management software is a valuable asset for any company. With the right software, teams can efficiently track and manage resources and ensure optimal allocation to prevent overbooking. However, finding the right enterprise asset management software can be challenging, especially with many available options.
Using my experience with finance and accounting software, I tested and compared several of the top enterprise asset management software programs available. Then, I compiled my results into in-depth reviews to help you find the best software for your unique needs. I’m confident you’ll discover your next enterprise asset management software program in the list below.
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Best Enterprise Asset Management Software Summary
This comparison chart summarizes pricing details for my top pay equity software selections to help you find the best software for your budget and business needs.
| Tools | Price | |
|---|---|---|
| Fiix | From $45/user/month (1 month free, billed annually) | Website |
| UpKeep | From $20/user/month | Website |
| eWorkOrders | Pricing upon request | Website |
| Asset Panda | Pricing upon request | Website |
| Infraspeak | Pricing upon request | Website |
| MicroMain | Pricing upon request | Website |
| TracOS | Pricing upon request | Website |
| Fracttal | Pricing upon request | Website |
| On Key EAMS | Pricing upon request | Website |
| NEXGEN | Pricing upon request | Website |
Compare Software Specs Side by Side
Use our comparison chart to review and evaluate software specs side-by-side.
Compare SoftwareHow To Choose Enterprise Asset Management Software
It’s easy to get bogged down in long feature lists and complex pricing structures. Here's a checklist of factors to remember to help you stay focused as you work through your unique software selection process.
| Factor | What to Consider |
| Scalability | Will the software grow with your business needs? |
| Integrations | Does it integrate seamlessly with your current systems and tools? |
| Customizability | Can the software be tailored to meet your team’s specific requirements? |
| Ease of Use | Is the interface user-friendly enough for your team to adopt quickly? |
| Budget | Does the pricing fit within your company's budget constraints? |
| Security Safeguards | Are there advanced security measures to protect your data? |
Best Enterprise Asset Management Software Reviews
Below are my detailed summaries of my shortlist’s best enterprise asset management software. My reviews thoroughly examine each tool’s essential features, pros and cons, integrations, and ideal use cases to help you find the best one for you.
Fiix is a cloud-based computerized maintenance management system (CMMS) that helps businesses manage maintenance operations, including assets and work orders. It serves maintenance teams across various industries, enabling them to plan, track, and optimize maintenance activities.
Why I picked Fiix: Fiix offers features like asset management, work order management, and preventive maintenance scheduling, which are essential for maintaining operational efficiency. The software provides a centralized platform for tracking asset status, history, and work orders. It includes reporting and analytics tools that help you make data-driven decisions to improve your maintenance processes. Fiix's mobile app also allows your team to manage tasks on the go.
Standout features & integrations:
Features include asset management, work order management, and preventive maintenance scheduling. You can also take advantage of real-time tracking and reporting tools. The mobile app ensures that you and your team can manage tasks from anywhere, anytime.
Integrations include SAP, Oracle, Microsoft Dynamics, IBM Maximo, Infor, Salesforce, QuickBooks, Google Workspace, Dropbox, and Slack.
Pros and cons
Pros:
- Comprehensive work order management
- Integration with IoT devices
- AI-driven maintenance insights
Cons:
- Limited integrations with assets legacy
- Basic asset condition monitoring
UpKeep is an enterprise asset management (EAM) software for maintenance, reliability, and operations teams. It helps businesses centralize data, automate maintenance tasks, and improve asset performance.
Why I picked UpKeep: UpKeep allows your team to manage work orders and schedule preventive maintenance. You can track the performance and health of assets in real time. Its mobile capabilities mean your team can access important information on the go. The software also provides detailed reports and analytics to help you make data-driven decisions.
Standout features & integrations:
Features include tracking work orders, scheduling preventive maintenance, and real-time asset monitoring. You can also use mobile access to manage tasks on-site and generate insightful reports for better decision-making.
Integrations include Salesforce, Oracle, SAP, Microsoft Dynamics, IBM Maximo, Google Workspace, Office 365, QuickBooks, Dropbox, and Slack.
Pros and cons
Pros:
- Intuitive maintenance scheduling
- Comprehensive work order creation
- Mobile-first design
Cons:
- No built-in tools for disposals
- Manual entry for older assets
eWorkOrders is a web-based computerized maintenance management system that simplifies maintenance operations for businesses of all sizes. It supports work order management, asset tracking, and preventive maintenance.
Why I picked eWorkOrders: eWorkOrders offers a user-friendly interface that makes it convenient for your team to manage work orders and track assets. You can upload documents such as manuals and warranties. The preventive maintenance feature helps schedule regular maintenance tasks and reduces unexpected equipment failures. The mobile access also allows technicians to manage tasks from anywhere.
Standout features & integrations:
Features include work order management, asset tracking, and preventive maintenance. Your team can view asset histories and upload essential documents, and the mobile access feature lets technicians handle tasks remotely.
Integrations include QuickBooks, SAP, Microsoft Dynamics 365, Oracle, Sage, Esri GIS, Microsoft Outlook, Google Calendar, Slack, and Dropbox.
Pros and cons
Pros:
- Strong inventory management
- Customizable maintenance plans
- Advanced work order management
Cons:
- Limited asset categorization
- No advanced predictive maintenance
Asset Panda is an asset management and tracking software designed for businesses of all sizes. It helps users manage their IT assets, inventory, and equipment.
Why I picked Asset Panda: Its cloud-based platform offers mobile access, allowing you to manage assets on the go. The software supports customizable reporting, enabling you to generate insights tailored to your business needs. Barcode scanning and audit management features simplify asset tracking and verification. Its user-friendly interface ensures that your team can quickly adapt to the system.
Standout features & integrations:
Features include asset tracking, customizable reporting, and mobile access. Barcode scanning makes asset identification easier, and audit management helps you verify asset details efficiently.
Integrations include Jira ITSM, ServiceNow, Zendesk, Cisco Meraki, Google Workspace, Microsoft Office 365, Dropbox, Box, Salesforce, and QuickBooks.
Pros and cons
Pros:
- Asset check-in/check-out feature
- Cloud-based with offline access
- Built-in barcode scanning
Cons:
- Limited condition monitoring
- Inconsistent data syncing
Infraspeak is specialized software for managing assets and facilities, catering to a broad user base, including facility managers, maintenance teams, and service providers. It supports essential business functions such as tracking, monitoring, and maintaining assets.
Why I picked Infraspeak: Infraspeak's focus on IoT-enabled monitoring allows your team to have real-time insights into asset performance. With features like automatic data collection from sensors and predictive maintenance alerts, you can anticipate issues before they become problems.
Infraspeak’s platform allows you to manage work orders and maintenance schedules while being accessible from any device. This emphasis on IoT integration ensures that your asset management processes are as informed and efficient as possible.
Standout features & integrations:
Features include customizable dashboards that let you track the data that matters most to your team, IoT-powered real-time monitoring for proactive asset management, and a powerful maintenance planning tool that helps you schedule and manage all your maintenance tasks efficiently. You can manage work orders and gain valuable insights through detailed reporting.
Integrations include CMMS, BMS, IoT sensors, NFC tags, QR codes, BLE beacons, and AI assistants.
Pros and cons
Pros:
- Advanced asset reporting
- Energy efficiency tracking
- Real-time fault detection
Cons:
- Limited support for asset valuation
- Complex multi-site management
MicroMain is a computerized maintenance management system (CMMS) and enterprise asset management (EAM) software for maintenance teams and facility managers. It supports key business functions like work order management, preventive maintenance, and asset tracking.
Why I picked MicroMain: This software helps you manage your maintenance tasks efficiently with its work order management system. It also provides tools for scheduling and tracking preventive maintenance to reduce downtime. Asset tracking features help you keep a detailed record of your equipment and facilities. Additionally, the software offers mobile access so your team can update and manage tasks.
Standout features & integrations:
Features include work order management, preventive maintenance scheduling, and asset tracking. The mobile app allows you to manage tasks from anywhere, and the software's reporting tools give you insights into your maintenance operations.
Integrations include Sage, QuickBooks, Microsoft Dynamics 365, SAP, Oracle, Google Calendar, Outlook, Zapier, Microsoft Teams, and Slack.
Pros and cons
Pros:
- Advanced asset tracking
- Integrated safety management
- Customizable maintenance scheduling
Cons:
- Slow feature updates
- No advanced IoT integration
TracOS is an enterprise asset management software for maintenance managers and industrial frontline workers. It focuses on condition monitoring and predictive maintenance to ensure the reliability of industrial assets.
Why I picked TracOS: TracOS combines hardware and software to provide real-time data on asset conditions. Its key features include vibration and temperature monitoring, which help you detect machine failures early. The system's predictive maintenance capabilities optimize your asset management. With TracOS, your team can efficiently prevent downtime and extend the life of your equipment.
Standout features & integrations:
Features include real-time vibration monitoring, temperature tracking, and predictive maintenance alerts. The platform's sensors provide continuous data to help you identify potential issues before they become critical. You can manage and schedule maintenance tasks directly from the software.
Integrations include SAP, Maximo, IBM Watson, Oracle, Microsoft Azure, Google Cloud, AWS, Siemens, Honeywell, and Infor.
Pros and cons
Pros:
- Plug-and-play IoT sensors
- Scalable for multiple locations
- Energy consumption monitoring
Cons:
- Limited maintenance scheduling
- Complex multi-site management
Fracttal is a computerized maintenance management system (CMMS) and enterprise asset management (EAM) software for managing and optimizing maintenance operations. It serves maintenance managers, technicians, and operations teams across various industries.
Why I picked Fracttal: Fracttal bridges the gap between physical and digital assets, capturing information in real-time to predict and respond to possible failures. You can manage your assets remotely from any device. Features like real-time monitoring and predictive maintenance ensure your team can maintain high operational efficiency. You'll also find schedules, work order management, and inventory control tools, all aimed at minimizing downtime and maximizing asset lifespan.
Standout features & integrations:
Features include real-time monitoring, predictive maintenance, and work order management. Asset tracking and inventory control ensure efficient resource use. Additionally, scheduling tools make it easy to plan and execute maintenance tasks.
Integrations include SAP, Oracle, IBM Maximo, Microsoft Dynamics, Infor, Salesforce, Google Cloud, AWS, IFS, and Azure.
Pros and cons
Pros:
- Customizable KPIs and dashboards
- Built-in compliance management
- Advanced energy management
Cons:
- No advanced inventory management
- Limited asset depreciation tools
On Key EAMS is an enterprise asset management system that caters to various industries and business needs. It serves engineers and maintenance teams by offering features that ensure data accuracy and real-time asset management.
Why I picked On Key EAMS: This platform is built for flexibility, allowing you to configure features to fit your specific business requirements. You can manage work orders via start, pause, and stop buttons that automate labor entries. It also provides data visualization and reporting through integrated business intelligence tools. Your team can benefit from automated maintenance activities, which aim to simplify asset and facility management tasks.
Standout features & integrations:
Features include automated work order management, real-time data visualization, and configurable asset management features. You can use start, pause, and stop buttons for efficient work order control. The platform also integrates business intelligence tools for enhanced reporting.
Integrations include SAP, Oracle, Microsoft Dynamics 365, ABB, Schneider Electric, GE, Emerson, Siemens, Bentley Systems, and Rockwell Automation.
Pros and cons
Pros:
- Customizable workflow automation
- Comprehensive mobile app
- Real-time asset monitoring
Cons:
- Basic depreciation tracking
- Limited categorization option
NEXGEN is an enterprise asset management (EAM) software that assists organizations in managing their assets throughout their lifecycle. Its users include asset managers and maintenance teams who need to plan, track, and optimize asset performance and maintenance.
Why I picked NEXGEN: NEXGEN offers functionalities for asset lifecycle planning, risk management, and capital planning. Features like preventive maintenance scheduling and risk-based asset prioritization ensure your assets are maintained. The software also provides detailed reporting and analytics to support data-driven decision-making. Your team can leverage its user-friendly interface to enhance operational efficiency and reduce downtime.
Standout features & integrations:
Features include preventive maintenance scheduling, risk management, and capital planning. You also get detailed reporting and analytics to support decision-making. NEXGEN's user-friendly interface helps your team work more efficiently and reduces downtime.
Integrations include Esri GIS, Oracle, SAP, Microsoft Dynamics 365, QuickBooks, SCADA, IBM Maximo, Salesforce, Microsoft Teams, and AutoCAD.
Pros and cons
Pros:
- AI-driven predictive analytics
- Comprehensive asset lifecycle planning
- Advanced risk management
Cons:
- Complex customization process
- Limited IoT integration
Other Enterprise Asset Management Software
Here are some additional enterprise asset management software options that didn’t make it onto my shortlist but are still worth checking out.
- CERDAAC
Best for regulated industries
- Prometheus Platform
Best for SAP integration
- SAP
Best for large-scale enterprise solutions
- MaintainX
Best for real-time work order updates
- Oracle Supply Chain Planning
Best for complex supply chain logistics
- AssetWorks
Best for fleet management integration
- IFS Cloud EAM
Best for scalable enterprise needs
- OpenGov
Best for government asset tracking
- AkitaBox
Best for facility management data
- IBM Maximo
Best for IoT and AI-driven asset management
Enterprise Asset Management Software Selection Criteria
When selecting the best enterprise asset management solution in this list, I considered everyday buyer needs and pain points like optimizing asset lifecycles and improving maintenance efficiency. I also used the following framework to keep my evaluation structured and fair.
Core Functionality (25% of total weighting score)
To be considered for inclusion in this list, each solution had to fulfill these common use cases:
- Track and manage asset lifecycle
- Schedule and manage maintenance tasks
- Monitor critical asset performance and utilization
- Manage work orders and service requests
- Maintain inventory and spare parts
Additional Standout Features (25% of total weighting score)
To help further narrow down the competition, I also looked for unique features, such as:
- Predictive maintenance using IoT and AI
- Integration with ERP and financial systems
- Mobile access for field technicians
- Advanced analytics and reporting tools
- Customizable dashboards and KPI tracking
Usability (10% of total weighting score)
To get a sense of the usability of each system, I considered the following:
- Intuitive user interface
- Customizable workflows
- Mobile-friendly design
- Easy navigation and search functionality
- User-friendly reporting tools
Onboarding (10% of total weighting score)
To evaluate the onboarding experience for each platform, I considered the following:
- Availability of training videos
- Interactive product tours
- Comprehensive user manuals
- Access to live webinars and workshops
- Responsive onboarding support team
Customer Support (10% of total weighting score)
To assess each software provider’s customer support services, I considered the following:
- 24/7 customer support availability
- Multiple support channels (chat, email, phone)
- Dedicated account managers
- Community forums and user groups
- Regular software updates and bug fixes
Value For Money (10% of total weighting score)
To evaluate the value for money of each platform, I considered the following:
- Competitive pricing plans
- Transparent pricing structure
- Free trial or demo availability
- Cost-benefit compared to competitors
- Comprehensive features included in the base price
Customer Reviews (10% of total weighting score)
To get a sense of overall customer satisfaction, I considered the following when reading customer reviews:
- High overall satisfaction ratings
- Positive feedback on ease of use
- Praise for customer support responsiveness
- Reports of successful implementation
- Testimonials on ROI and cost savings
Trends In Enterprise Asset Management Software
In my research, I sourced countless product updates, press releases, and release logs from different enterprise asset management software vendors. Here are some of the emerging trends I’m keeping an eye on.
- Predictive Maintenance: This trend leverages IoT and machine learning to predict equipment failures before they happen. Vendors use real-time data and analytics to schedule maintenance, reducing downtime and extending asset life.
- Enhanced User Interfaces: Modern EAM tools are focused on more intuitive and user-friendly interfaces. Companies are incorporating cleaner designs and more accessible dashboards, making it easier for users to navigate complex data.
- AI-Driven Analytics: Artificial intelligence is being used to offer more advanced analytical capabilities, providing deeper insights into asset performance management. Tools integrate AI to optimize asset usage and reduce operational costs.
- Sustainability Tracking: With an increasing emphasis on environmental responsibility, EAM software now includes features for tracking and managing assets' sustainability.
- Augmented Reality (AR): AR is being integrated into EAM solutions to aid in repair and maintenance tasks. This feature provides technicians with interactive, visual instructions, improving accuracy and efficiency.
What Is Enterprise Asset Management Software?
Enterprise asset management software helps organizations manage and optimize their physical assets throughout their lifecycle. Maintenance managers, facility managers, and operations professionals use these tools to ensure assets are functioning efficiently, which helps reduce downtime and maintenance costs.
Inventory tracking, preventive maintenance scheduling, and asset lifecycle management features support minimizing asset-related disruptions, prolonging equipment life, and ensuring compliance with regulations. These tools provide significant value by improving asset reliability and operational efficiency.
Features Of Enterprise Asset Management Software
When selecting enterprise asset management software, keep an eye out for the following key features:
- Asset tracking and inventory management: Monitors location, usage, and condition of assets to ensure optimal utilization and minimize losses.
- Work order management: Automates creating, assigning, and tracking maintenance tasks to improve efficiency and accountability.
- Preventive maintenance scheduling: Schedules regular maintenance activities to prevent unexpected equipment failures and extend asset lifespans.
- Predictive maintenance: Uses data analytics to predict when assets will require maintenance, reducing downtime and maintenance costs.
- Reporting and dashboards: Provides detailed insights and visualizations on asset performance, maintenance activities, and costs to aid in decision-making.
- Compliance management: Ensures asset management practices meet regulatory standards and helps maintain necessary documentation.
- Mobile access: Allows technicians to access asset data, submit work orders, and update maintenance records on the go using mobile devices.
- Integration capabilities: Integrates with other business systems such as ERP, financial management, and procurement systems for smooth data flow.
- Lifecycle management: Manages assets from acquisition to disposal, ensuring their lifecycle stages are optimized for performance and cost.
Benefits Of Enterprise Asset Management Software
Implementing enterprise asset management software provides several benefits for your team and your business. Here are a few you can look forward to.
- Improved asset tracking: Easily monitor assets’ location, usage, and maintenance status with real-time data.
- Enhanced maintenance scheduling: Automatically schedule preventive maintenance to reduce downtime and extend asset lifespan.
- Better resource allocation: Allocate resources more effectively by understanding asset utilization and availability.
- Cost savings: Identify underperforming or unnecessary assets to reduce costs and improve budgeting.
- Compliance management: Ensure that all assets meet industry regulations and standards with automated compliance tracking.
- Increased productivity: Streamline asset management processes, allowing your team to focus on higher-value tasks.
- Data-driven decision-making: Utilize detailed reports and analytics to make informed decisions on asset management and investments.
Costs & Pricing Of Enterprise Asset Management Software
Selecting enterprise asset management software requires understanding the various pricing models and plans. Costs vary based on features, team size, add-ons, and more. The table below summarizes standard plans, average prices, and typical features of enterprise asset management software solutions.
Plan Comparison Table for Enterprise Asset Management Software
| Plan Type | Average Price | Common Features |
| Free Plan | $0 | Basic asset tracking, limited reporting, mobile access, and community support. |
| Personal Plan | $20-$50/user/month | Asset tracking, preventive maintenance, mobile access, basic reporting, and email support. |
| Business Plan | $50-$100/user/month | Advanced asset management, preventive and predictive maintenance, inventory management, work order management, reporting, and 24/7 customer support. |
| Enterprise Plan | $100+/user/month | Complete asset lifecycle management, advanced analytics, multi-site management, integration capabilities, compliance tracking, and dedicated account management. |
Enterprise Asset Management Software FAQs
Here are some answers to common questions about enterprise asset management software.
How does enterprise asset management software improve predictive maintenance?
An EAM system improves predictive maintenance by analyzing sensor data and historical maintenance records. This allows you to anticipate when equipment will need servicing, reducing unexpected downtimes. Your team can schedule maintenance more effectively, saving time and resources.
Can enterprise asset management software integrate with other business systems?
EAM software can integrate with other business systems like ERP, CMMS, and financial software. These integrations help centralize data, making managing assets and their related activities easier. You can achieve better coordination across departments.
How can enterprise asset management software help in regulatory compliance?
EAM software can help in regulatory compliance by maintaining detailed records of all asset-related activities. It tracks inspections, maintenance, and repairs, ensuring you meet industry-specific regulations. This can be important during audits and for maintaining certifications.
Is it possible to customize enterprise asset management software to fit specific business needs?
Yes, most EAM software solutions offer customization to fit specific business needs. You can tailor dashboards, workflows, and reports to match your operational requirements. This ensures that the software aligns well with your business processes.
What kind of analytics does enterprise asset management software provide?
EAM software provides various analytics, including asset performance, maintenance costs, and lifecycle management. These insights help you make informed decisions about asset utilization and maintenance strategies. The goal is to optimize asset performance and reduce costs.
How does enterprise asset management software support mobile access?
EAM software often includes mobile apps that allow your team to access information and perform tasks from anywhere. This is useful for field technicians who need to update work orders, check inventory, or review asset history on the go. Mobile access ensures everyone has the information they need, regardless of location.
What’s Next?
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