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Enterprise Asset Management (EAM)ServiceNow

ServiceNow EAM automates physical asset lifecycle management, increasing productivity, maximizing asset life, and reducing costs and risks at scale.

Vendor

Vendor

ServiceNow

Company Website

Company Website

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Product details

ServiceNow's Enterprise Asset Management (EAM) is a comprehensive SaaS solution designed to automate the full lifecycle of physical business assets. It provides prescriptive workflows across functions, enabling organizations to increase productivity, maximize the useful life of assets, and reduce costs and risks at scale. The platform offers a modern mobile experience for improved processes, data-driven decision-making, and expenditure control.

Key Features

Asset Lifecycle Management Comprehensive management of the entire asset lifecycle

  • Strategic planning and risk scoring
  • Financial control access across the lifecycle

Asset Estate Management Centralized oversight of diverse enterprise assets

  • Single system for managing various asset types
  • Multi-component asset relationship management

Inventory Management Optimization of asset inventory across locations

  • Warehouse and stockroom inventory management
  • Asset inventory audits and reconciliation

Benefits

Increased Transparency Enhanced visibility into asset estate for better decision-making

  • Accurate data for improved planning
  • Adaptability to dynamic business environments

Cost Reduction Efficient financial and operational asset management

  • Optimized inventory levels
  • Maximized asset useful life

Risk Mitigation Improved asset traceability and compliance

  • Support for regulatory compliance and audits
  • Risk heatmaps for unknown assets