How to Streamline Your Business with EAM Software

November 2, 2017

When your business was but a mere fledgling, keeping track of everything that was going on was relatively easy. Or at least, looking back on it, it was. Now that you have grown, acquired more assets, hired more people and started to turn a significantly bigger profit, managing your business is just a bit more complicated.
Now, every decision you make could either save you thousands, or cost you thousands and being as efficient as you can will really make a difference. Before you start panicking and feeling like some sort of entrepreneurial Frankenstein, there are some easy systems you can put in place that will keep things in check and boost your own productivity too.
In fact, the best thing you can do right now is visit https://comparesoft.com/asset-management-software/enterprise/. This site is ideal for comparing different types of EAM software to help you sort out your priorities and ensure that you are making the most efficient decisions possible.
What is EAM Software?
Once called Maintenance Scheduling, EAM or Enterprise Asset Management, is now more about facilitating managers to optimise operations pro-actively and control for quality and efficiency. Essentially, this is the software you need to ensure that every asset your business owns, from manufacturing materials and machines to your buildings and premises, are all in working order and are functioning efficiently.
Why Do I need EAM Software?
Once a spreadsheet might have cut it, but now that your business has grown, you will need to be able to keep on top of far more information of varying types. Spreadsheets are great when only a few people use them, but as time goes on, organising information will get harder and messier with just one sheet.
If all your staff can use the same programme without making things messy, why wouldn’t you choose that? EAM Software will collect data for you, collecting it in logical, easy-to-read formats. This will leave your staff more time to analyse and make decisions, rather than have them doing basic data-entry all day.
This software could also generate reports so that you can keep track of where you are throughout the year. As most businesses check their progress bi-annually, if not quarterly, it makes sense that this information is easily accessible and understandable.
Is There Software Adapted to My Industry?
In a word, yes. Because different industries require different things from EAM Software, there are many types of programme that will cater for individual industries rather than one that does it all. In order to choose the appropriate programme for your business, you need to do a bit of research and think about what you want the programme to do for you.
The best EAM softwares are customisable so that even if one part of the software does not function exactly as you would want it to, you can make changes to ensure that it works for you. This is much easier than going back to the beginning and trying a new software. And definitely easier than using a spreadsheet!

Mark Asquith

That British podcast guy, Mark is co-founder of Captivate.fm, the world's only growth-oriented podcast host. A Harvard, TEDx, Podcast Movement and Podfest speaker (amongst many more!), he's a wildly approachable Brit and Star Wars/DC Comics geek.

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