Enterprise Asset Management old

To run an effective business, every enterprise needs good management. Recently, enterprise management systems have developed and played a major role in seamless business operations.

An enterprise management system is designed for large-scale businesses and is a large-scale computing platform that tracks and controls a company’s complex operations. Enterprise asset management (EAM) involves tracking and managing of company’s physical assets such as machines, equipment, buildings, etc., and infrastructure throughout their entire lifecycle, from design, installation, and procurement, through operation, maintenance, disposal, and replacement. It even delivers and implements solutions for critical assets.

Why Novel Veritas?

● We understand the end-to-end process – from the user front-ending channel to ERP and Analytics.


● We analyze all the assets and their requirement to make them available and auditable.


● Resolving problems before they occur or gives significant disorder.


● We implement Change Requests and enhancements Managing Integration Runtime.

What is Enterprise Management Systems used for?

They are used for customer relationship management, enterprise resource planning, and supply chain management.

What are the benefits of EAM?

● Increase regulatory adherence by compliance tracking and utilize asset tracking to keep it audit-ready

● Streamlined operations and improved asset performance to increase investment effectiveness

● Reduce overall maintenance costs via predictive maintenance through real-time analysis.

● It helps understand the overall effectiveness of the asset.

● Easy decision-making as you have details of all the assets.

What are the Key Features of EAM?

Some of the key features of EAM are as follows-

●  Work management

It handles both planned and non-planned work from starting stage to reporting.

●  Maintenance

It manages different maintenance phases from before repair problems to after repair problems.

●  Planning and scheduling

Manage tasks and work dependencies intuitively with work order management to understand work orders and maintenance schedules.


It gives reliable detail analytics for healthy workflow management using advanced technology.


It supports cloud computing to optimize costs, enhance system flexibility and lower IT dependency.