EAM and CMMS are concepts that are frequently encountered by every organization seeking to manage its assets. At first glance, Asset Management (EAM) and Computerized Maintenance Management System (CMMS) look pretty similar. Both software programs help you increase your control over assets and equipment. However, they are different, and understanding the scope and uniqueness of each is essential to finding the technology that best fits your business needs.
What is CMMS?
CMMS is software for automating, optimizing, and tracking maintenance processes currently managed with paper and pencil. The computerized maintenance management system has been in use for over 50 years and has formed the basis of all asset management solutions.
As the name suggests, CMMS focuses on maintenance management. It helps businesses understand their maintenance processes better, minimize equipment and asset downtime by arranging their operations accordingly, creating a preventive maintenance schedule, and tracking assets.
What is EAM?
On the other hand, enterprise asset management considers the life cycle of assets as a whole, unlike computerized maintenance management. EAM software aims at peak performance of assets from acquisition to disposal. When managing assets, EAM focuses on their location, the stage of the work they are used for, their operators, and how often they are maintained.
It helps businesses plan their maintenance and renewal processes, based on the life cycle of assets.
Differences between CMMS and EAM
At the bottom, CMMS was developed to manage maintenance operations while EAM was designed to oversee asset lifecycles. However, the difference between the software is not limited to these.
CMMS is mainly designed for maintenance and operations departments, while EAM also applies to production and accounting departments.
CMMS adds assets to the system after installation, while EAM tracks assets from procurement to sales.
CMMS reduces maintenance costs by extending the active working hours of the assets, while EAM aims to prevent the loss of value by fixing the performance of the assets.
Which Software is Right for Your Business?
When you determine the scope of your maintenance needs, the path to making the right decision for your organization is drawn. What you need to consider at this point is how much you digitized your processes before. If you are still managing your assets and maintenance with excel and mail, it becomes difficult for different departments to adapt to the system instantly. Using CMMS in the first stage, you digitize your work orders, asset information, and reports seamlessly. When CMMS works in harmony with your business, you can use an EAM solution for your larger-scale asset management needs or consider supporting the CMMS solution with a field service management software.
Lena MAINT is a CMMS solution that allows you to manage all maintenance operations in your business, plan work orders and optimize asset performance. It enables you to control the maintenance activities your organization performs and manage large-scale projects when you work with subcontractors.