Asset Management Tools mean different things for different businesses. For some asset managers, managing financial metrics of assets is far more important than managing the assets itself. For others it is about up-time and productivity of assets. Off course, all metrics are interlinked but the priorities vary.  To address wide ranging needs of asset managers, 47 suppliers make up asset management software UK market. They span from niche suppliers like Yotta – who are highways management specialists to SAP who can provide asset management software for any industry. Shortlisting suppliers typically is a lengthy process but it can be made easier by using software comparison website like www.comparesoft.co.uk.

 

The key to selecting the right asset management tools for your business is to have clarity of your business requirements. Before you start to look at any suppliers that make up the asset management software UK market, it is imperative to have a distinctive list of must-have and nice-to-have requirements. For example; functionality may be more important than user interface or asset tracking may be more important than asset servicing. Deliverables of your asset management tools should be clear for everybody involved in the decision making process. For example; we will improve assetlife by 10% or we will increase asset uptime by 5% or we will enhance help-desk resolution rate by 25%. These top line deliverables should be tied back to your bottom line. i.e. what difference would 10% increase in asset life or 5% uptime or 25% faster resolution rate means from a numbers/profitability perspective. Once you have done this exercise, you will then have a statement that looks like – 10% increase in asset life means £100,000 more cash per year or 5% uptime means 5% more productivity which means £75,000 more profit per year. Typically businesses change software once every 5 years. Please appreciate that you are taking a 5 year decision when choosing tools from the asset management software UK market.

 

Once you have the business deliverables of your asset management tools, the next step is to focus on the software features that are inline with your business deliverables, so if asset tracking is more important to you then making a list of asset tracking features is a good starting point. At this stage you are ready to scan the asset management software UK market.

 

When it comes to looking at what is available within the asset management software UK market, it is best to start off with a wide search. For example; asset tracking software for aviation business or fixed asset management software for Industrial plants. You will get a generic idea of what is available and then you can look at each supplier’s website to see if their asset management tools match your requirements. This can be a lengthy process, you will at least go through 25 websites and 25 demos, the easier way is to visit comparesoft.co.uk and scan the asset management software uk market in less than a minute.

Asset Management Tools mean different things for different businesses. For some asset managers, managing financial metrics of assets is far more important than managing the assets itself. For others it is about up-time and productivity of assets. Off course, all metrics are interlinked but the priorities vary.  To address wide ranging needs of asset managers, 47 suppliers make up asset management software UK market. They span from niche suppliers like Yotta – who are highways management specialists to SAP who can provide asset management software for any industry. Shortlisting suppliers typically is a lengthy process but it can be made easier by using software comparison website like www.comparesoft.co.uk.

 

The key to selecting the right asset management tools for your business is to have clarity of your business requirements. Before you start to look at any suppliers that make up the asset management software UK market, it is imperative to have a distinctive list of must-have and nice-to-have requirements. For example; functionality may be more important than user interface or asset tracking may be more important than asset servicing. Deliverables of your asset management tools should be clear for everybody involved in the decision making process. For example; we will improve assetlife by 10% or we will increase asset uptime by 5% or we will enhance help-desk resolution rate by 25%. These top line deliverables should be tied back to your bottom line. i.e. what difference would 10% increase in asset life or 5% uptime or 25% faster resolution rate means from a numbers/profitability perspective. Once you have done this exercise, you will then have a statement that looks like – 10% increase in asset life means £100,000 more cash per year or 5% uptime means 5% more productivity which means £75,000 more profit per year. Typically businesses change software once every 5 years. Please appreciate that you are taking a 5 year decision when choosing tools from the asset management software UK market.

 

Once you have the business deliverables of your asset management tools, the next step is to focus on the software features that are inline with your business deliverables, so if asset tracking is more important to you then making a list of asset tracking features is a good starting point. At this stage you are ready to scan the asset management software UK market.

 

When it comes to looking at what is available within the asset management software UK market, it is best to start off with a wide search. For example; asset tracking software for aviation business or fixed asset management software for Industrial plants. You will get a generic idea of what is available and then you can look at each supplier’s website to see if their asset management tools match your requirements. This can be a lengthy process, you will at least go through 25 websites and 25 demos, the easier way is to visit comparesoft.co.uk and scan the asset management software uk market in less than a minute.

Asset Management Tools mean different things for different businesses. For some asset managers, managing financial metrics of assets is far more important than managing the assets itself. For others it is about up-time and productivity of assets. Off course, all metrics are interlinked but the priorities vary.  To address wide ranging needs of asset managers, 47 suppliers make up asset management software UK market. They span from niche suppliers like Yotta – who are highways management specialists to SAP who can provide asset management software for any industry. Shortlisting suppliers typically is a lengthy process but it can be made easier by using software comparison website like www.comparesoft.co.uk.

 

The key to selecting the right asset management tools for your business is to have clarity of your business requirements. Before you start to look at any suppliers that make up the asset management software UK market, it is imperative to have a distinctive list of must-have and nice-to-have requirements. For example; functionality may be more important than user interface or asset tracking may be more important than asset servicing. Deliverables of your asset management tools should be clear for everybody involved in the decision making process. For example; we will improve assetlife by 10% or we will increase asset uptime by 5% or we will enhance help-desk resolution rate by 25%. These top line deliverables should be tied back to your bottom line. i.e. what difference would 10% increase in asset life or 5% uptime or 25% faster resolution rate means from a numbers/profitability perspective. Once you have done this exercise, you will then have a statement that looks like – 10% increase in asset life means £100,000 more cash per year or 5% uptime means 5% more productivity which means £75,000 more profit per year. Typically businesses change software once every 5 years. Please appreciate that you are taking a 5 year decision when choosing tools from the asset management software UK market.

 

Once you have the business deliverables of your asset management tools, the next step is to focus on the software features that are inline with your business deliverables, so if asset tracking is more important to you then making a list of asset tracking features is a good starting point. At this stage you are ready to scan the asset management software UK market.

 

When it comes to looking at what is available within the asset management software UK market, it is best to start off with a wide search. For example; asset tracking software for aviation business or fixed asset management software for Industrial plants. You will get a generic idea of what is available and then you can look at each supplier’s website to see if their asset management tools match your requirements. This can be a lengthy process, you will at least go through 25 websites and 25 demos, the easier way is to visit comparesoft.co.uk and scan the asset management software uk market in less than a minute.

Search the asset management software uk  ( http://www.comparesoft.co.uk ) market to find the most relevant asset management software  ( http://www.comparesoft.co.uk ) for  your business.