Maximise asset performance from initial purchase to end of life

QFM asset management and lifecycle software optimises and extends the life of an asset through intelligent data capture, expenditure forecasting and detailed management reporting. With detailed asset tracking, incident management and performance evaluation, QFM can help reduce asset downtime, improve performance, extend asset life and lower maintenance costs.

Predict expenditure over an asset’s life and make long-term maintenance strategies

• **Maintain and manage an up-to-date asset register: **Store and track asset information such as asset purchase, disposal and current value alongside depreciation rate and other essential asset data.
• **Cost-effective asset management: **QFM identifies elements that affect asset reliability, servicing and repair; highlighting the most cost-effective methods of maintaining an asset and calculates lifecycle costings to manage long term budgeting.
• **Building Management System (BMS) integration: **Monitor asset conditions in real-time through a BMS interface directly within QFM.

Mobile asset management QFM supports the management of assets via mobile devices to support scheduled and ad-hoc inspections and provide complete mobile workforce tracking and accountability. It provides the ability to conduct surveys and audits using tablet or smartphone devices to ensure assets are performing as they should. Assets barcodes and QR codes can be scanned on-the-go by operatives, providing instant insight and information on the asset or to track jobs and maintenance against specific assets in real time.

Lifecycle costing QFM provides a structured approach for managing, measuring and comparing the performance of an asset over a defined period, such as a contract. The software highlights the most cost-effective method of maintaining an asset (periodic maintenance, call out or complete refurbishment) and ensures those assets are performing better for longer. Estimate or forecast costs, create operational scenarios and make long term assumptions in-order-to calculate the impact on capital budgets. Asset depreciation can be calculated to help manage long-term budgeting.  

Lifecycle costing QFM provides a structured approach for managing, measuring and comparing the performance of an asset over a defined period, such as a contract. The software highlights the most cost-effective method of maintaining an asset (periodic maintenance, call out or complete refurbishment) and ensures those assets are performing better for longer. Estimate or forecast costs, create operational scenarios and make long term assumptions in-order-to calculate the impact on capital budgets. Asset depreciation can be calculated to help manage long-term budgeting.  

In-depth reporting QFM’s comprehensive reporting capabilities enable the accurate monitoring of assets, ensuring that contractual KPIs are adhered to and that specific quality or regulatory standards are met.  Detailed reporting is highly useful for benchmarking and for planning future maintenance budgets. QFM allows facilities managers to quickly identify under-performing assets, helps to balance PPM costs against reactive maintenance expenditure and supports informed asset procurement decisions.

Features

• Full asset register: Track purchase, disposal, value and depreciation for all assets.
• Lifecycle costing: Forecast spend, evaluate maintenance strategies, manage capital budgets.
• BMS integration: Real-time asset condition monitoring via Building Management System.
• Mobile workforce tools: Mobile inspections, surveys and barcode/QR scanning on site.
• In-depth reporting: Benchmark KPIs, flag underperformers, balance PPM vs reactive spend.