Why Businesses Need Enterprise Asset Management Software

Nickmanro9422 Nov, 2023Business

Every business consists of four fundamental components ? people, assets, finance, and time. These collaborate to produce information that requires governance, hence the PAFTCIG model. Assets make up one of the four fundamental components of every business. An organisation?s ability to grow and thrive depends heavily on the optimal management of all assets, from machinery to data systems to raw materials and everything in between.