Successful enterprise asset management is key to reducing costs and increasing productivity and profitability for any organization.
Whether you’re a small company or a global corporation, maintaining your assets is critical to ensure the highest possible return on your investments. High asset turnover can kill your bottom line — especially if your operation employs large, expensive pieces of equipment.
An enterprise asset management system can help you get the best performance from your equipment, minimize disruptions to your operation, and prevent equipment failure. It can also make safety and regulatory compliance automatic so you can reduce worksite hazards and protect your employees — and your business!
The problem many organizations face is finding and implementing an enterprise asset management system that is effective, scalable, and easy to use.
The solution (as you may have guessed by now) is Fulcrum! Read on to find out why.
The benefits of enterprise asset management (EAM)
In today’s competitive business environment, EAM is a daily component of the most successful companies’ operations.
Whether you’re monitoring infrastructure, vehicles, machinery, buildings, office supplies, or all of the above, EAM allows you to extend the lifespan of your assets while ensuring optimal performance.
Even more importantly, an effective enterprise asset management system helps you avoid negative impacts to your business, by:
- Reducing risk of critical asset failure
- Supporting predictive maintenance through condition-based triggers
- Enabling proactive rather than reactive maintenance
- Helping you stay in compliance and avoid regulatory penalties
- Providing employees a safe working environment
- Increasing job satisfaction for field workers
- Allowing you to deliver your products and services more efficiently
The best EAM system will do all of this seamlessly, without creating more work for your teams.
Cloud-based enterprise asset management
Conducting EAM on paper increases your employees’ workload — and your costs — and decreases data accuracy through inefficient and time-consuming data-entry processes, transcription errors, and non-standardized values.
“We save a lot of time not having to go back and do data entry on the desktop after a long day in the field,” said Louis Pienaar of Mubesko Africa, a South Africa consulting practice that uses Fulcrum for infrastructure asset management.
Cloud-based software as a service (SaaS) like Fulcrum offers many benefits:
- Employees can all access the same information quickly, wherever they are in the world
- Managers can view their teams’ progress in near real-time
- You can change your mobile forms on the fly and deploy them to your team in minutes
With immediate access to field reports, you stay ahead of problems — and your equipment stays running.
What’s more, with cloud-based software, you don’t have to make a huge investment right at the outset!
Affordable, holistic enterprise asset management
Enterprise asset management software can be expensive and rigid, and switching can mean forcing your field workers to change their processes to conform to the software’s design.
With Fulcrum, you can create your own apps that orient data entry around your workflow, and its user-friendly mobile interface makes it easy to get your employees on board.
And Fulcrum is completely scalable — you only pay for as many users as you need — and you can integrate it into your current databases.
“We find that industry alternatives are far more expensive while offering far less than what we can achieve with the Fulcrum platform,” said Century Engineering, a U.S.-based engineering consulting firm that uses Fulcrum for transportation asset management.
So you can skip the frustrating and costly transition to an entirely new system and start managing your enterprise assets with Fulcrum right away — because it’s also dead simple to use!
An intuitive, easy-to-use mobile forms app
Something we hear a lot is how surprised Fulcrum customers are that such a powerful platform is so intuitive and simple to learn.
With Fulcrum, you can easily build custom forms with our drag-and-drop app builder — there’s no coding involved.
But if you do need assistance getting started, we have tons of helpful guides on our website, and our Pro Services team is also available to help you. (And our amazing support staff is always just a click away!)
Plus: Fulcrum is so versatile, you can use it for a lot more than just enterprise asset management — companies in many different industries use Fulcrum for inventory management, safety checklists, work orders, and data collection of all kinds.
In fact, there’s no limit to how many mobile apps you can build with your Fulcrum subscription, so you can use it for all of those things and more!
Want to see if Fulcrum is the right enterprise asset management solution for your organization? Try it FREE!