Optimize Asset Management With UpKeep’s EAM Solution

Something we’ve heard from our customers throughout the years is how tired they are of maintenance, reliability, and operations being seen as a cost center instead of a revenue driver. But a company’s misperception isn’t the only contributing factor to this mindset. Current CMMS, EAM, and APM tools are disjointed, outdated, and hard to use. Not to mention, the majority of businesses surveyed by analyst firm IDC still use spreadsheets to track asset management. 

It became clear to us that there had to be a better way. Modern companies need a robust solution that connects maintenance, reliability, and operations teams, so these workers can provide visibility into how they impact the performance of mission-critical assets.  

If maintenance, reliability, and operations teams are going to connect, shouldn’t the company’s software take a holistic view as well?  

Connect Asset Data and Maintenance Data to Deliver Insights

We recognize that one of the greatest hurdles to organizational improvement is changing hearts and minds. But at UpKeep, we’re no stranger to changing perceptions. While our commitment to maintenance management has contributed to our reputation as a CMMS provider, we’ve never seen ourselves as just a CMMS, EAM, or even APM.

Our goal has always been to help asset management teams organize, oversee, and optimize their asset and maintenance management, with the ultimate aim of driving business performance. To do that, our Asset Operations Management platform offers powerful EAM features designed to help organizations create a world-class asset management program, no matter where they fall on the maintenance maturity life cycle. 

How does this differ from legacy EAM software? For one, our EAM features are delivered in an incredibly user-friendly format that spans mobile and desktop solutions without the cumbersome training and implementation required by larger software. To go further, our EAM capabilities focus on three elements.

Multi-Tier Asset Hierarchy

An organization’s asset hierarchy is one of the foundational, yet often overlooked, components of a robust reliability program. UpKeep allows users to define, track, and report on complex asset relationships with Multi-Tier Asset Hierarchy. With this feature, users can:

• Visualize dependencies across assets to understand criticality and build resilience.

• Better understand asset relationships to optimize preventive maintenance activity.

• Easily determine root causes of failure through complex hierarchies.

• Create and visualize up to four levels of asset hierarchy.

Custom Asset Fields

Organizing assets in line with your business is key to effective asset management. Our Asset Operations Management platform gives users the ability to document, track, and report on critical asset data specific to the business. Here are some other features associated with this element:

• Newly created Custom Fields are available on all assets. 

• Field types include: single-line text, multi-line text, number, currency, dropdown, and date.

• These Custom Asset Fields can now be viewed and filtered on Asset List views.

• Custom Asset Fields can be used to build reports and dashboards in UpKeep Analytics.

Asset Tracking

Tracking critical asset information such as financial value, maintenance history, availability, and utilization are critical for preventive and reliability-centered maintenance. With UpKeep, users can track the value and utilization of mission-critical assets by:

• Maintaining line of sight into capital investment with asset depreciation tracking.

• Reducing unnecessary costs with asset warranty tracking.

• Maintaining visibility into asset utilization with asset check in/check out. 

UpKeep Users Love Our EAM Features

At the end of the day, our goal is to help workers avoid a cycle of being undersupported, undervalued, and misunderstood. We can offer all the fancy technology, but if no one is happy with it, then our mission isn’t successful. Luckily, that’s not the case with Asset Operations Management.    

“It’s simple to carry out operations more effectively with UpKeep. It’s simple to manage assets with this tool. This team saves time and costs of carrying out operations.” 

-Manufacturing Industry, Firm Size: $1B-$3B

“UpKeep perfectly fits the definition of a modern asset management solution. The tool has everything that you expect from a 21st century software solution. Accessible from every platform including your mobile phones and tablets, the tool ensures you are always in control of everything.”

-Industry: IT Services, Firm Size: $250M-$500M

UpKeep is the modern and best corporate asset management and maintenance tool that acts as a right hand for our teams in creating work orders on the fly and maintaining assets to allow our firm to run more efficiently than ever before … It allows us to maintain and monitor our whole organization’s assets and workflows from a single location easily.”

-Industry: Professional Services, Firm Size: $1B-$3B

An Alternative to Existing EAM Systems 

A new EAM approach is needed in order for maintenance, reliability, and operations teams to be viewed as business drivers instead of cost centers. By showcasing the ability to easily set up, organize, and track asset health, performance, and utilization, teams can get the necessary buy-in for an Asset Operations Management initiative.

To learn more about UpKeep’s EAM features, schedule a demo.