The Sunflower System’s Advantage Enterprise Asset Management Software
Enterprise asset management software provides commercial organizations and property managers with the ability to control, manage and account for all property transactions. Managing assets with enterprise asset management software will help an organization to understand the direct effect of their location, health and performance of their fixed, physical and accountable assets, on their overall financial standing.
A business cannot move ahead, and by standing still due to a lack of asset control and awareness, will be surpassed by the competition. It is not unusual for a corporate organization to struggle with providing adequate strategies and infrastructure, to cope with all assets under management. By using legacy, and a paper based process, instead of enterprise asset management software, an organization may not recognize the untapped value in their corporate asset base. Unfortunately accessing and delivering this value base, relying on a manual data starved process, can significantly stunt the growth of a business, who may otherwise be flourishing in their industry.
An enterprise asset management software solution is an integrated suite. It is designed to increase physical and financial accountability for assets, as an everyday process. Organizations using an enterprise asset management software program, can expect to receive immediate benefits in:
• Visibility and decision support for authorized users.
• Enterprise-wide accountability. With enterprise asset management software all assets are accounted for: fixed, intellectual property, IT, hazardous material, and sensitive data etc.
• A reduction in the total cost of ownership.
• Improves re-utilization and performance. With enterprise asset management software, manage all assets, regardless of capitalization status.
• Functionality and context drawn from other enterprise applications.
Enterprise asset management software through the globally recognized, Sunflower Systems, offers their integrated enterprise asset management software specifically tailored to an organizations demands and particular needs, for managing assets in their industry. The Sunflower Industry Solutions for Commercial Organizations includes:
• Sunflower Assets- The premier enterprise asset management software solution for tracking all assets from acquisition to disposal. The signature enterprise asset management software is a web-based lifecycle system. It is designed to address local and global asset management challenges for commercial organizations.
• Sunflower Analytics-Part of the enterprise asset management package. This intelligence reporting tool expands on current reporting and analysis capabilities. It provides multi-dimensional analysis, trending, and an executive summary of data. This component of enterprise asset management software provides organizations with the tools to support decision making within the organization.
• Sunflower Mobile- This smart supplement to enterprise asset management software, allows an organization to track receiving, physical inventory, and excess management to simplify management processes from a handheld.
• Sunflower Sentry-Enterprise asset management software which allows users to: manage borrowed assets, authorize loaning to certain individuals, know where assets are located at all times, and generate reports.
• Sunflower UID- Enables organizations to comply with the Department of Defense [DOD] identification mandate, by identifying assets requiring a Unique Item identifier [UII], label printing and tracking.
Sunflower Systems provides a range of implementation services, for organizations to get the best use out of their enterprise asset management software. The solutions team follows a five step proven method, which delivers quality results, and makes the most out of time and budget.
Advantages And Benefits of Project Management Software
Some time ago project management was represented by three things: a pencil, a piece of paper and a methodology. But the time flies and the technology evolves… so why stop here? Why not use the technology? Software industry has evolved so much and can do wonders. With the introduction of project management software a few years back, the tools a project manager has at their disposal has been greatly increased.
The new project management tools
There are many different versions and variations to what is available on the market, having many cost ranges including programs for small businesses and all the way up to programs capable of keeping a corporation in business. Managing a business is no easy task, however, and keeping track of everything is often the hardest part of owning a business. These software solutions can make it easier for businesses to communicate with employees, clients, share files and track the status of projects and assignments.
Project management software can be a lifesaver for busy business owners looking for a better way to manage their business. But just having this sort of software program in place won’t help project managers be more effective. It will only allow them to have access to more data, which may in turn make them more efficient. They still need to know how to communicate to the project head and be clearly able to delegate responsibilities to the project team members.
Project management software has a simple goal: to help those involved in managing projects to achieve their objectives. For individual projects, the objective is to deliver the expected output from the project on time, within budget and to the expected quality. However, for those that manage multiple projects, project management software must do a lot more and it often has a different label, such as project portfolio management software, or resource management software.
So how can project management software deliver such benefits?
Some businesspeople may wonder what project management software can offer that the old tried-and-true cannot. It is quite simple: project management software achieves its objectives by providing pertinent and reliable information that the project stakeholders have confidence in. So the starting point is to look at how credible information can be delivered from such a system.
By looking at the general advantages of software applications (increased memory, faster processing, virtual rendering, etc.) and taking into consideration that good reporting requires both good data and an effective means of processing and presenting it as relevant information we get the obvious conclusion that there are such benefits. If it is easy for employees to see what tasks they must complete, communicate and collaborate with each other then the project manager can spend less time managing these business aspects and spend more time on other things.
But to achieve its objectives, project management tools needs to manage the following types of data:
Resources
- Skills, experience and other attributes
- Working calendars and resources availability
Projects
- Tasks – describing the activities required to produce each key deliverable, which are normally labeled as milestone tasks
- Assignments – work estimates needed to achieve each task, for each resource
- Cost rates needed to compute the actual costs and the value of work done, to be compared with the budget
Project management software benefits summary
There are a few basic features that a project management software solution should have in order to truly gain these advantages.
- Easily manage your company’s projects
- Get resources and finances under control
- Bring project’s critical issues to your attention (overallocated resources, critical path)
- Track project evolution in terms of completion, time and costs
- “what if” scenarios capability is offered via multiple undo and redo levels
- Provide a clean way to break down your project, build schedules, allocate resources and manage budgets
If all these are met then any project manager can agree that the key benefit is in relevant and timely management information. RationalPlan is one such project management software that can be used to effectively manage projects and resources.