TrackAbout vs Oracle EAM

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

Product Basics

TrackAbout is a cloud-based software designed to help businesses manage their physical assets and equipment maintenance. It's particularly well-suited for organizations with valuable assets distributed across various locations, especially those in industries like construction, transportation, and healthcare. Users appreciate its ability to streamline maintenance processes, improve asset visibility, and extend asset lifespans, ultimately leading to cost savings and increased operational efficiency. Key features include work order management, preventive maintenance scheduling, inventory control, and comprehensive reporting.

TrackAbout's pricing structure is typically based on the number of assets being managed and the specific features required. While it may not be the most budget-friendly option on the market, users often find that the comprehensive functionality and positive impact on asset management justify the investment. It's recommended to contact TrackAbout directly for detailed pricing information tailored to your needs.

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Oracle EAM is a comprehensive asset management solution designed to streamline maintenance processes, improve asset visibility, and enhance collaboration. It offers features like work order management, inventory control, preventive maintenance scheduling, and reporting. While powerful, users often find its interface complex and costly, making it better suited for large businesses with dedicated IT resources. Benefits include streamlined workflows, improved asset health insights, enhanced communication, reduced downtime, and increased compliance. Popular features include mobile accessibility, real-time asset tracking, and integration with other enterprise systems. Compared to similar products, Oracle EAM offers greater depth and functionality, but at the cost of user-friendliness and affordability.

Pros
  • Streamlined workflows
  • Improved asset visibility
  • Enhanced collaboration
  • Reduced downtime
  • Increased compliance
Cons
  • Complex interface
  • High cost
  • Limited customization
  • Integration challenges
  • Poor reporting
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$2,500 One-Time
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Tailored to your specific needs
$164/User, Monthly
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Tailored to your specific needs
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Product Assistance

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Knowledge Base
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Product Insights

  • Configure to Your Needs: Use different systems for different assets and personalize different processes. The option to use company terminology for different fields, statuses and forms based on the assets and information imported makes adoption easier. 
  • Replace Spreadsheets: Remove dependency on complicated spreadsheets with access to data on a single platform. View information of all assets like past maintenance, action on assets and next delivery with a single click. 
  • Easily Log Data: All the assets are tagged with a barcode, RFID tag or barcode label, making the scanning, tracking and importing process easy. The mobile app can scan these tags to pull up asset profiles and maintenance records. 
  • Track Via GPS: Easily view and save the details of the location where the asset was last scanned, who scanned it and which customer last had the asset. Completely passive GPS (available at a fixed cost) aids tracking the exact location of the asset. 
  • Keep Assets Operational: Tracking and scheduling upcoming preventative maintenance reduces the cost of asset replacement and increases the speed of asset deployment. 
  • Stay Compliant: Digital records required by the government inspector, internal audit or compliance officer are all saved in a central location. GAMP5 standards followed by the pharmaceutical industry are used to maintain compliant assets. Trace all the actions conducted on individual assets and the movement from their point of origin. 
  • Monitor Asset Performance: Analyze asset performance and solve problems faster with reports that cover the asset cycle from beginning to end. 
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  • Improve Productivity: Stay on task with updated priorities that use real-time analytics. Advanced preventive maintenance schedules keep techs organized. 
  • Express Work Orders: Communicate necessary work from field to system with quick reporting on all transactions needed for work execution. 
  • Manage Inventory Flow: Prevent overstocking by monitoring inventory and spare parts levels proactively to ensure timely delivery of new inventory. 
  • Catalogue Maintenance Information: Create a library of preventive maintenance procedures that adhere to standards and prevent lapses in maintenance to avoid costly downtime or repairs. Keeping a detailed record of performed maintenance tasks ensures appropriate information for audits. 
  • Robust Fleet Management: Improve service and reliability through fleet-specific planning, order management and optimization features. 
  • Facilities Management: Establish concrete relationships between assets and facilities, groups, techs and more, keeping detailed records of the relationships. 
  • Boost Productivity: Reduce inefficiency caused by screen switching and data entry by integrating quickly with different systems. 
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  • Asset Tracking: Tracks returnable goods from the point of preparation to the point of pick up. Good for multiple assets spread out over many locations and customers, as it shows the exact location of an asset, pickup date and customer using it. 
  • Integration: An open interface and integration with many systems like Oracle and SAP makes the process of importing and exporting any form of data easier and faster. TrackAbout can be used as a standalone solution or with any other system that’s already in use. 
  • Maintenance Management: Logs the entire process from maintenance to preparation of the asset for reuse, ensuring that people follow the right processes and don’t skip or miss any steps. It also helps keeping track of how many assets are ready for use, need maintenance or have been damaged and need repair. 
  • Real-Time Data: Collects and displays the real-time data of any asset at any time with a barcode scanner. Share data with customers to keep them informed of all the relevant and required data. 
  • Rental Asset Management: Streamlines billing by automating the creation of rental bills or by integrating with accounting systems. Supports different rental categories, rates, leases and flat fees. 
  • Mobile Access: Provides data anywhere, at any time, to improve and speed up processes, saving money and making work more efficient. 
  • Mobile Barcode Scanner:: Scans all assets directly through this easy-to-use feature. All information related to the asset is available for viewing and taking required actions. 
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  • Asset Lifecycle Management: Align the value chain with demand-driven spares to reduce excess stock. Maintenance management allows users to proactively perform routine maintenance. Track and organise MRO materials electronically to keep stockrooms ready. 
  • Work Order Management: Schedule, assign, perform, complete and close work orders through an intuitive interface on static or mobile devices. 
  • Inventory Management: Manage the flow of goods, including hazardous materials, to prevent inventory shortages or costly ordering mistakes. 
  • Maintenance Management: Implement a preventive maintenance program to improve efficiency and asset lifecycle to reduce downtime and repairs. 
  • Vehicle Management:  Dispatch, track and communicate with a fleet of vehicles. Assign drivers, track vehicles and other equipment, and measure vehicle financial performance. 
  • Facilities Management: Monitor both physical assets and facility maintenance tasks. 
  • Integrations: Supports a more robust software ecosystem via integration with other Oracle E-Business Suite products like Oracle ERP, Oracle IOT Asset Monitoring Cloud Service and Oracle Analytics Cloud. 
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Product Ranking

#19

among all
EAM Software

#18

among all
EAM Software

Find out who the leaders are

Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

TrackAbout
Oracle EAM
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Analytics And Reporting Asset Management Asset Tracking Environment, Health And Safety Management Maintenance And Inspection Management Mobile EAM Resource Allocation And Work Order Scheduling Spare Parts Handling Workforce Management Work Order Management 100 85 74 93 82 86 88 73 53 100 0 25 50 75 100
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User Sentiment Summary

Excellent User Sentiment 96 reviews
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90%
of users recommend this product

TrackAbout has a 'excellent' User Satisfaction Rating of 90% when considering 96 user reviews from 3 recognized software review sites.

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Awards

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

User Favorite Award

SelectHub research analysts have evaluated Oracle EAM and concluded it earns best-in-class honors for Analytics and Reporting and Work Order Management.

Analytics and Reporting Award
Work Order Management Award

Synopsis of User Ratings and Reviews

Streamlined Asset Management: TrackAbout simplifies the management of physical assets, including tools, equipment, and other resources, by providing a centralized platform for tracking and monitoring.
Enhanced Visibility and Control: Gain real-time insights into asset location, status, and usage, enabling better decision-making and improved operational efficiency.
Reduced Costs: Optimize asset utilization, minimize loss and theft, and extend asset lifespan, leading to significant cost savings.
Improved Compliance: Ensure adherence to industry regulations and safety standards through comprehensive asset tracking and documentation.
Increased Productivity: Empower your workforce with the tools they need to locate assets quickly and efficiently, reducing downtime and boosting productivity.
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Streamlined Workflows: Simplifies maintenance processes and reduces administrative tasks.
Improved Visibility: Provides real-time insights into asset health and performance.
Enhanced Collaboration: Facilitates communication and coordination between teams.
Reduced Costs: Optimizes resource allocation and minimizes downtime.
Increased Compliance: Ensures adherence to regulatory requirements.
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Customization Limitations: The software may not be easily adaptable to specific workflows or industry-specific requirements, potentially leading to workarounds or compromises in processes.
Reporting Challenges: Generating custom reports or extracting specific data insights might be cumbersome or require technical expertise, hindering data-driven decision-making.
Mobile App Functionality: The mobile app's features or user interface may not be as comprehensive or user-friendly as the desktop version, potentially impacting field technicians' efficiency.
Integration Complexity: Integrating TrackAbout with existing enterprise systems or third-party applications could pose technical challenges or require additional development efforts.
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Complex Interface: Can be overwhelming for new users and require extensive training.
High Cost: Licensing and implementation fees can be significant.
Limited Customization: May not be able to adapt to specific needs of all businesses.
Integration Challenges: Can be difficult to integrate with other enterprise systems.
Poor Reporting: Reporting capabilities may not be as robust as desired.
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Reviews from the past year highlight both the strengths and weaknesses of this asset management software, painting a picture of who it serves best. Users appreciate TrackAbout's customizability, which allows them to tailor the software to their specific needs and workflows. The ability to create custom fields and reports is particularly valuable, as it enables businesses to track the data that matters most to them. Additionally, TrackAbout's mobile app receives praise for its user-friendly interface and offline functionality, making it a practical tool for field technicians and remote workers. However, some users find the initial setup process to be complex and time-consuming, requiring significant effort to configure the software and import existing data. Furthermore, while TrackAbout offers a wide range of features, some users note that certain functionalities, such as work order management, could be more robust and intuitive. Overall, TrackAbout appears well-suited for businesses with unique asset management requirements and a willingness to invest time in customizing the software. Its flexibility and mobile capabilities make it a valuable tool for organizations with complex workflows or distributed teams, particularly those in industries like construction, manufacturing, and equipment rental.

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User reviews of Oracle EAM paint a picture of a powerful, comprehensive asset management tool that offers significant benefits in terms of streamlined workflows, improved visibility, enhanced collaboration, reduced costs, and increased compliance. However, the software is often criticized for its complex interface, high cost, limited customization options, integration challenges, and lack of robust reporting capabilities. One user highlights the positive impact on efficiency, stating "Oracle EAM has helped us streamline our maintenance processes and reduce administrative tasks by 20%. This allows our team to focus on more strategic initiatives." Another user emphasizes the improved decision-making capabilities, saying "The real-time insights provided by Oracle EAM have given us a much clearer picture of our asset health and performance. This has enabled us to make data-driven decisions about maintenance and investment." Despite these advantages, users frequently cite the steep learning curve and high cost as major drawbacks. One user comments, "The interface is very complex and requires extensive training. This can be a major barrier for small businesses or those with limited resources." Another user laments, "The licensing and implementation fees for Oracle EAM are significant compared to some of its competitors. This can make it a less attractive option for budget-conscious organizations." When compared to similar products, such as SAP and IBM Maximo, users often acknowledge that Oracle EAM offers greater depth and functionality. However, they also emphasize that the complexity comes at the cost of user-friendliness and affordability. One user compares the two, saying "While Oracle EAM is more powerful than SAP, it is also significantly more complex. If you are a large organization with a dedicated IT team, Oracle EAM may be a good option. However, if you are a small business or have limited technical resources, SAP may be a better choice." Ultimately, the decision of whether or not to choose Oracle EAM comes down to a careful consideration of its strengths and weaknesses relative to your specific needs and resources. If you prioritize robust functionality and comprehensive features, Oracle EAM may be a good fit. However, if ease of use and affordability are key concerns, you may want to explore alternative options.

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