Software Evaluation and Software Selection

Asset Management Software Evaluation
(Including CMMS Software)

Asset management software evaluation is probably as complex, if not even more complex process than that for accounting software. There are so many asset management applications available and vendors do not seem to have decided what should be included in these applications.

It is difficult to decide what features you want when sometimes you don't even know what is available. The only advice I can give is to ensure that you know what you are trying to achieve then ASK for it. With today's software there is little that cannot be done. The only limiting factor is cost.

Bear in mind that the term "Asset Management" is itself ambiguous. Some people use it to refer to the process of managing data about assets for accounting purposes. Others think of it more as a asset maintenance tool that is used to manage assets with respect to maintenance. Still others look on Asset management as an all encompassing term used to describe EAM software or Enterprise Asset Management Software, which includes elements of both the accountant's and the maintenance manager's view of asset management.

Go to the Asset Management Software Evaluation Spreadsheet