Key Criteria for Choosing an Enterprise Asset Management System

Category: Enterprise Asset Management   |   Presented By: E-ISG Asset Intelligence LLC

Key Criteria for Choosing an Enterprise Asset Management System

An Enterprise Asset Management System should be chosen in such a way that it meets certain criteria to support businesses and government organizations in managing enterprise assets, optimally and sustainably manages its assets and asset systems, their associated performance, risks and expenditures over their life cycles for the purpose of achieving its organizational strategic plan.

The scope of the selecting criteria covers key aspects of Enterprise Asset Management System including:

  • Managing organization assets, both physical information and financial information.

  • Managing all capitalized assets, consumable assets, IT and hardware information.

  • Tracking all the costs and maintenance associated with the assets.

  • Adopting best business practices for property management according to ISO standards.

Inside this whitepaper on Enterprise Asset Management System:

  • Requirement for an Enterprise Asset Management System: What elements should be included in requirements for an asset management system?

  • What questions should organizations ask when they are selecting an enterprise asset management system?

  • An update on standards for enterprise asset management business processes and tools.

tags Enterprise Asset Management (EAM)

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