Getting Results with ARCHIBUS

Asset Management

Use the Asset Management application to manage the entire asset lifecycle from initial receipt to O&M to disposal. Asset Management contains all of the features of Asset Portal and Telecommunications Asset Management but also includes features to manage initial receipt, disposal, and lifecycle.

Asset managers need to provide effective stewardship of assets through their full operational lifecycle -- from acceptance through operational use and disposal. The application provides an integrated view of all assets, including properties, buildings, land, structures, equipment and furniture. Mobile apps provide point-of-activity interfaces for asset acceptance and field surveys. Web-based consoles provide transparency into asset value, location, status, ownership, and cost. Integrated features support the work of IT and building operations.

Asset Management
Location	Asset Management domain
Business Result	Cost effectively having the appropriate assets in the correct location at the right time in the appropriate condition to support processes that achieve mission objectives.
Used By	Business Process Owners Asset Managers Business Unit Managers Maintenance Managers Facility Managers IT Managers Compliance and Risk Managers
Reasons for Automating	Improve utilization. Use transparency, accountability and control to improve asset utilization rates, which can reduce capital expenditures Speed execution. Speed execution by automating and connecting the work of your IT, facilities, maintenance and compliance teams. Visualize success. Leverage GIS maps and interactive building floor plans to see all assets in their operational context, locate assets quickly, and reduce the number of assets lost or unaccounted for. Reduce risk. Ensure compliance with regulatory and policy mandates through workflows that connect asset management with compliance, sustainability, waste management, and projects. Improve accuracy. Maintain an accurate registry of all assets with ARCHIBUS features that track asset status as a natural byproduct of day-to-day real estate, facility, maintenance and asset processes.
Related Mobile Apps	Asset & Equipment Survey mobile app Asset & Equipment Registration mobile app
Applications Using the Results of this Application	Enterprise Asset Management Advanced Portfolio Management Space Inventory & Performance Personnel & Occupancy Compliance Management Condition Assessment Environmental Sustainability Assessment Clean Building Green Building Energy Management Preventive Maintenance On Demand Work
Reports/Results	Asset Location on GIS map Asset Metrics: RONA, ROCE, Asset Turnover, FCI, Annual Utilization, CRV Mission Support Analysis Asset Registry Current and Historical Asset Activities Asset Profiles All Properties Yearly Financial Summary by Country Buildings Dashboard Building Performance Analysis Building Sustainability Summary Energy Consumption by Location Equipment Failure Analysis Equipment Replacement Analysis Equipment Warranties and Service Contracts Equipment Depreciation Schedules and General Ledger Journal Entries Tagged Furniture Inventory Counts Telecom Connection Traces Telecom Highlight Traces & Connections

The following are typical users:

User	Tasks
Business Process Owner	Define background data about the facility (the location and organization data).
Asset Managers	Manage enterprise assets throughout the asset lifecycle including: inventory development, operations and maintenance, and disposal.
Maintenance Managers	Coordinate development, operations and maintenance, and disposal of assets with FM and IT departments. Optimize asset value through end-of-life analysis.
IT Managers	Develop and maintain IT asset inventory including connections.
Compliance and Risk Managers	Coordinate developing and maintaining inventories of assets that contain hazardous materials. Coordinate disposal of asset that contain hazardous materials.

See Also

Asset Management application overview