Equips vs IFS EAM

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Our analysts compared Equips vs IFS EAM based on data from our 400+ point analysis of CMMS Software, user reviews and our own crowdsourced data from our free software selection platform.

IFS EAM Software Tool

Product Basics

Equips is a sophisticated software solution designed to streamline maintenance management tasks, making it particularly advantageous for industries such as healthcare, manufacturing, and facilities management. It excels in organizing and tracking maintenance activities, offering a comprehensive platform for managing work orders, scheduling preventive maintenance, and tracking asset performance. Users appreciate its intuitive interface and robust reporting capabilities, which enhance operational efficiency and decision-making. Unique features include real-time updates and seamless integration with existing systems, which set it apart from other CMMS solutions. While specific pricing details are not publicly available, potential users are encouraged to contact SelectHub for a tailored quote that aligns with their specific requirements. Equips is praised for its adaptability and user-friendly design, making it a preferred choice for organizations seeking to optimize their maintenance processes and improve asset longevity. Its ability to cater to diverse industry needs underscores its versatility and effectiveness.
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IFS EAM is an enterprise asset management software solution designed to help organizations optimize asset performance, extend asset lifecycles, and reduce maintenance costs. It offers comprehensive functionalities for managing the entire asset lifecycle, from procurement and commissioning to maintenance, repair, and operations (MRO). IFS EAM caters to organizations across various industries with complex asset-intensive operations, including manufacturing, oil & gas, utilities, and transportation. Its key benefits include improved asset uptime and reliability, reduced maintenance costs, enhanced compliance, and data-driven decision making. Popular features include work order management, preventive maintenance scheduling, inventory control, and analytics dashboards. User experiences highlight IFS EAM's strengths in its scalability, flexibility, and user-friendly interface. Users appreciate the software's ability to integrate with other enterprise systems and adapt to specific industry needs. However, some users report challenges with the initial setup and customization process. IFS EAM offers various pricing models depending on deployment type, number of users, and required modules. Pricing typically ranges from tens of thousands to hundreds of thousands of dollars annually, paid on a subscription basis.

Pros
  • Scalable and flexible
  • User-friendly interface
  • Integrates with other systems
  • Improves asset uptime
  • Reduces maintenance costs
Cons
  • Complex initial setup
  • Customization can be challenging
  • Limited reporting capabilities
  • High cost of ownership
  • Steep learning curve
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Mobile
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Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
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Email
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FAQ
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Knowledge Base
24/7 Live Support
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24/7 Live Support

Product Insights

  • Increased Efficiency: Equips streamlines maintenance workflows, reducing downtime by automating routine tasks and scheduling preventive maintenance.
  • Cost Savings: By optimizing asset management, Equips helps organizations avoid costly emergency repairs and extend equipment lifespan.
  • Improved Compliance: The software ensures adherence to industry regulations by maintaining accurate records and scheduling timely inspections.
  • Enhanced Communication: Equips facilitates seamless communication between maintenance teams and other departments through real-time updates and notifications.
  • Data-Driven Decisions: With comprehensive reporting and analytics, Equips empowers managers to make informed decisions based on historical data and trends.
  • Scalability: Equips can grow with your organization, accommodating increasing numbers of assets and users without compromising performance.
  • Customizable Workflows: The software allows for tailored workflows to meet the specific needs of different industries and operational processes.
  • Centralized Information: Equips consolidates all maintenance-related data into a single platform, making it easy to access and manage information.
  • Reduced Administrative Burden: By automating documentation and reporting, Equips frees up time for staff to focus on more strategic tasks.
  • Proactive Maintenance: The predictive maintenance features help identify potential issues before they become major problems, minimizing unexpected breakdowns.
  • Resource Optimization: Equips assists in allocating resources effectively, ensuring that personnel and materials are used efficiently.
  • Enhanced Asset Tracking: The software provides detailed insights into asset performance and history, aiding in better asset management and planning.
  • Improved Safety: By ensuring regular maintenance and compliance, Equips contributes to a safer working environment for employees.
  • Integration Capabilities: Equips can integrate with other business systems, providing a cohesive ecosystem for managing operations.
  • User-Friendly Interface: The intuitive design of Equips makes it easy for users of all technical levels to navigate and utilize the software effectively.
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  • Manage Assets Strategically: Manage assets from purchasing to end-of-life. Accurately predict asset ROI and extend asset lifespan to get the most return out of every asset.
  • Optimize Operational Efficiency: Cut both direct and indirect costs, as well as reduce the loss of revenue from unplanned downtime via work order management, asset monitoring and financial planning.
  • Streamline Work Orders: Streamline the work order process from the time a new request opens to its completion. Assign to individual technicians and lock with role-based security protocols so only the admin-level can close them.
  • Consolidate Vehicle Management: Make configuration and fleet management easier and more efficient by performing tasks within the same interface as maintenance tasks.
  • Improve Regulatory Compliance: Detailed asset profiles and extensive maintenance records help protect from liability and easily prepare for audits.
  • Manage MRO Tasks: Perform a variety of maintenance, repair, overhaul (MRO) tasks from the interface, reducing the need for additional solutions and jumping between systems to perform simple functions.
  • Glean Insights: Analyze business data and perform a range of prebuilt analysis models to make better decisions based on metrics and models.
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  • Asset Management: Track and manage all your equipment and assets with detailed records, including purchase date, warranty, and maintenance history.
  • Work Order Management: Create, assign, and monitor work orders with ease, ensuring tasks are completed efficiently and on time.
  • Preventive Maintenance Scheduling: Automate maintenance schedules to reduce downtime and extend the lifespan of your equipment.
  • Inventory Control: Maintain optimal inventory levels with real-time tracking of parts and supplies, preventing shortages and overstock.
  • Vendor Management: Store and manage vendor information, including contact details and service agreements, for streamlined communication and procurement.
  • Mobile Access: Access the platform from any device, allowing technicians to update work orders and asset information on the go.
  • Customizable Dashboards: Tailor dashboards to display key metrics and insights relevant to your operations, enhancing decision-making.
  • Reporting and Analytics: Generate comprehensive reports and analyze data to identify trends, optimize processes, and improve performance.
  • Integration Capabilities: Seamlessly integrate with other business systems such as ERP and accounting software for a unified workflow.
  • User Permissions: Set role-based access controls to ensure users have appropriate permissions, enhancing security and data integrity.
  • Barcode and QR Code Support: Utilize barcode and QR code scanning for quick asset identification and inventory management.
  • Cost Tracking: Monitor and analyze maintenance costs to manage budgets effectively and identify cost-saving opportunities.
  • Document Management: Store and organize important documents such as manuals, warranties, and compliance certificates for easy access.
  • Notification and Alerts: Receive automated alerts and notifications for upcoming maintenance, overdue tasks, and critical issues.
  • Multi-Site Support: Manage assets and operations across multiple locations from a single platform, ensuring consistency and control.
  • Training and Support: Access comprehensive training resources and customer support to maximize the software's potential and address any issues promptly.
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  • Plant Engineering: Captures early stage costs and stores asset data to accurately record vital information for audit trails, maintenance operations and more.
  • Document Management:Records and manages changing asset specifications such as maintenance records, meter readings and more. Also manages all contractor interactions directly through the app, including cost analysis, external engineering, maintenance contractors and construction contracts.
  • Maintenance Management: Offers organization maintenance and a range of maintenance tasks including preparation, fault reporting, execution and final reporting.
  • Inventory Management: Tracks inventory metrics such as spare parts or small equipment. Notes the number of materials in stock and displays detailed information on each item, such as model number and type, and sends notifications if supplies need to be reordered.
  • Fleet Management: Offers serialized parts control, preventive maintenance, operational planning and modification management to streamline the fleet management process.
  • MRO: Supports a range of maintenance, repair, overhaul (MRO) tasks, including quotation handling, configuration management and maintenance execution. Also offers warranty handling, cost tracking, supply chain logistics and invoicing.
  • Materials Management: Place purchase orders, source materials through the RFQ process, monitor and compare vendor progress against order terms, and manage tracking and receipt of goods delivered.
  • Business Intelligence: BI reports and models are accessible through the Microsoft Suite, IFS Lobby and many other popular reporting and analysis tools.
  • Facilities Management: Aids facility planning and maintenance tasks such as automatically shutting off lights, monitoring meter usage and remotely setting HVAC controls.
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Product Ranking

#59

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CMMS Software

#10

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CMMS Software

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User Sentiment Summary

Excellent User Sentiment 30 reviews
Great User Sentiment 346 reviews
94%
of users recommend this product

Equips has a 'excellent' User Satisfaction Rating of 94% when considering 30 user reviews from 1 recognized software review sites.

83%
of users recommend this product

IFS EAM has a 'great' User Satisfaction Rating of 83% when considering 346 user reviews from 5 recognized software review sites.

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4.1 (14)
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4.1 (128)
4.7 (30)
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3.8 (26)
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4.3 (147)
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4.1 (31)

Awards

Equips stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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Synopsis of User Ratings and Reviews

Work Order Management: Equips CMMS helps streamline work orders, ensuring that maintenance requests are tracked and addressed promptly.
Preventive Maintenance Scheduling: Equips CMMS allows you to schedule routine maintenance tasks, minimizing downtime and extending the lifespan of your valuable assets.
Inventory Control: Equips CMMS provides tools for managing spare parts inventory, ensuring you have the necessary components on hand while avoiding overstocking.
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Improved Asset Uptime: Users praise IFS EAM's predictive maintenance capabilities, which help prevent equipment failures and minimize downtime.
Reduced Maintenance Costs: Streamlined workflows and optimized maintenance schedules lead to lower maintenance expenses, benefiting users financially.
Enhanced Data Visibility: Users appreciate the centralized data platform that provides comprehensive insights into asset performance and operations, enabling data-driven decision-making.
Increased Operational Efficiency: Automated tasks and improved collaboration within IFS EAM boost overall productivity for users.
Scalability and Flexibility: Users value the ability to adapt the software to their growing asset bases and evolving business needs, ensuring long-term value.
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Limited Information: Equips CMMS software appears to have a limited online presence, making it difficult to find detailed information, user reviews, or comparisons with other established CMMS options.
Potential Niche Functionality: The lack of widespread recognition suggests Equips CMMS might be a niche software, potentially lacking the comprehensive features and industry-standard functionalities offered by more popular CMMS platforms.
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Complex Initial Setup: Users find the initial configuration and customization process challenging and time-consuming.
Limited Reporting Capabilities: While reporting features exist, some users find them insufficient and require additional customization.
High Cost of Ownership: The initial license cost and ongoing maintenance fees can be significant, making it less accessible for smaller organizations.
Steep Learning Curve: The software's complexity can lead to a challenging learning experience for new users, requiring extensive training and support.
Limited Mobile Functionality: Although a mobile app is available, some users report limitations in its functionality compared to the desktop version.
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How do you equip your business for success in asset management? Equips, a CMMS software, boasts a user satisfaction rating of 94% based on 30 reviews from a reputable software review site. Users praise its user-friendly interface, making it easy to navigate and manage work orders. The platform's strength lies in its robust asset tracking, preventive maintenance scheduling, and detailed reporting features, enabling businesses to proactively address maintenance needs and minimize downtime. For instance, users highlight the ease of generating reports to track asset performance and identify trends. However, some users express occasional issues with vendor communication and a lack of real-time service scheduling visibility. Overall, Equips emerges as a valuable tool for businesses, particularly in sectors like financial services and first responders, seeking to streamline their asset management processes, improve operational efficiency, and enhance productivity.

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IFS EAM receives mixed user reviews, highlighting both its strengths and weaknesses. Many users praise its ability to improve asset uptime and visibility, reduce maintenance costs, and optimize operations. Phrases like "predictive maintenance capabilities are excellent" and "data platform is a game-changer" emphasize user satisfaction with these aspects. However, some users find the initial setup and customization process complex, stating "it took longer than expected to get everything working smoothly." Additionally, the high cost and steep learning curve deter some users, with comments like "it's expensive, but worth it if you have the budget" and "the software itself is powerful, but it takes time to learn." When compared to similar products, users acknowledge IFS EAM's strengths. One user commented, "IFS EAM is more scalable and flexible than [competitor name], which was important for our growing business." Another noted, "While [competitor name] has a steeper learning curve, IFS EAM offers more user-friendly features." However, some users feel its reporting capabilities are lacking compared to competitors, stating "we need to use additional tools for advanced reporting, which is inconvenient." Overall, user reviews suggest IFS EAM as a powerful tool for organizations seeking comprehensive asset management with the resources to handle its initial complexities and cost. Its strengths in scalability, flexibility, and data visibility set it apart from some competitors, but its high cost and learning curve may require careful consideration.

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