SAP EAM provides powerful functionality with a wide spectrum of features for business processes from asset purchase to disposal. With SAP EAM, users can build a solid, standards-based foundation for managing their physical assets – whether your business relies on production equipment, power grids, machinery, vehicles or facilities.
SAP’s software can help you increase operational efficiencies, improve asset usage, reduce costs and better manage capital expenditures throughout the lifecycle. It can be deployed either on-premise or as a web-based solution.
With SAP, users can streamline management of assets for your property, plant, and equipment. This enterprise asset management tool integrates with ERP and operational technology systems – and supports preventative maintenance, asset utilization, remote monitoring, real-time analytics, and more.
Extend the life of your equipment and maximize uptime with SAP’s maintenance planning and scheduling tools. With real-time analytics tools that tap the Internet of Things (IoT), you can analyze sensor data and information in your CRM, enterprise resource planning (ERP), and asset systems – and create automated work orders to improve field service and cut costs.
This solution provides a holistic view of performance, risk and costs throughout the lifecycle with information related to usage of assets, accounting costs, warranties, etc. This allows users to keep on top of increasing ROI and and make informed purchase decisions.
SAP EAM also provides strong maintenance management functionality. The tool consists of management for assets and work order management tools and ensures regulatory compliance. It helps keep assets at their peak performance by implementing timelier maintenance and shorter response times. SAP lets users create templates for work processes through Work Clearance Management integration. You can also create a fault tree list against a part or equipment in the asset master list.