Our CAM possesses a flexible asset data model that supports management of asset types in any industry ranging in size, complexity, and use
The firm’s software and hardware tools alongside their stellar consulting services help organizations to manage their assets. The Capital Asset Management (CAM) tool, one of AssetWorks’ flagship products, is a comprehensive asset management system which is designed to help asset managers find ways to curb capital and operating expenses by enhancing the useful life of an asset. “Our CAM possesses a flexible asset data model that supports management of asset types in any industry— ranging in size, complexity, and use,” says Hines. CAM finds its application in basic electronics like phones, laptops, and radios, in mobile assets like vehicles and moveable shop equipment and in complex stationary assets like plant machinery or heavy equipment.
The CAM offering has four modules that address major functional areas of asset management - analytics, planning and budgeting, procurement, and remarketing.
AssetWorks is best known for its repertoire of products and services for fleet management, public works and infrastructure, automated fuel management, and EAM applications. Leveraging these offerings has derived multitudinous benefits to clients to overcome most complex business challenges. The Louisiana Property Assistance Agency (LPAA) is one such customer who experienced the windfall of deploying AssetWorks’ EAM solutions, to address numerous issues in their inventory and asset management. The customer practiced conventional pen and paper asset tracking methods that made them suffer slow and error-prone operations, hampering productivity and increasing wastage of time. After approaching AssetWorks, LPAA was outfitted with the EAM solution that allowed them to enjoy faster and accurate asset management. The solution also helped track LPAA’s fixed assets as well as empowered them with transfer and change request management functionality, approval processes, and a detailed audit trail to monitor the assets in the product lifecycle.
The company has charted out a distinct repute in the industry through its persistence in developing cutting edge solutions to serve clients with variety of needs around asset management. For the future, Assetworks aims to vest its attention in augmenting their EAM technology to ensure the customers have access to the most befitting asset management tools available in the landscape.