In a large industrial or technological setting, it can be disastrous to lose track of the condition of even one seemingly small piece of equipment. Though it might not happen right away, you're definitely putting yourself in danger.

Don't be concerned in the slightest that this method of asset and equipment management will make things too complicated for you or negatively impact your bottom line. Microsoft Asset Management Software has taken the time to list the main features and advantages of our asset management application.

The Basics of the Management Tool

The assets of an organization play a significant role in determining its worth. Naturally, that term is rather broad. It can be used to describe intangible things like intellectual property or tangible goods like office chairs. This enormous umbrella category includes anything from liquid capital and investment-backed securities to massive machinery or virtually invisible cloud software assets.

Thanks to the industrial Internet of Things (IIoT), complete oversight is now more possible than ever. However, having flexible, cutting-edge software asset management tools on your side is essential to ensure you get the most out of IIoT-driven management. You will be able to increase the lifespan of your assets, reduce production costs, reduce downtime, and increase the efficiency of maintenance from both a planning and execution standpoint.

A few staggering benefits

When you employ Microsoft/Dynaway EAM, a cursory glance at the dashboard of this equipment and software asset management platform will quickly convey to you the extent of control (and insight) over your assets. You may rapidly check maintenance schedules and get a comprehensive overview of the functional locations inside your plant at a macro level.

In more detail, you can examine Microsoft asset management software for preventive or breakdown maintenance, explore their history and the repairs that have been made to them or not, plan an audit, examine pertinent KPIs, and determine how to keep these maintenance tasks within a reasonable budget.

The final say

Microsoft Asset Management is limited to the cloud version of Dynamics 365 Supply Chain. However, Dynaway can build up and offer an on-premises version of Asset Management, which may be necessary for your firm in specific circumstances.

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