One of the more difficult tasks in running a facility is getting the funds you need to run your facility safely and efficiently. Without proper funding, machinery cannot be repaired or maintained as fast, employee morale may suffer, and it can even lead to an accident.
Accidents such as what happened at the Waste Isolation Pilot Plant in Carlsbad, is proves that a lack of budget can hinder work production and become more costly over time.
Budgeting Help
One way that Facility Maintenance Software can help with budgeting is through the assets management area. With this section of the software, assets can be managed by name, date acquired, and type but more importantly, any repairs or replacement parts are tracked as well, showing when a particular piece of machinery is past its prime and may need to be replaced.
Rather than simply telling whoever controls the budget that a new item is needed, this allows you to actually show where the funds are going and why. It also has a section that shows the life expectancy of the machinery so that it is helpful in pinpointing where money should be allocated. For instance, you have a machine or item that has been repaired multiple times only to break again. If the costs of repairs outweigh a new piece of machinery with a warranty then it's a win-win situation for you and the people responsible for budgeting and funding the maintenance facility.
Asset Management
What is helpful is that assets are kept in one place so that everything is easy to find. It is designated by class, model, name, class, etc. so that you can highlight each item and see the repairs, purchase date, description, and anything else relevant to the machinery. All of this information is available on a mobile app as well as any web browser so it's convenient to use most anywhere that you are. You can check figures and information right from home, vacation, or at lunch – as well as your office and best of all, there's no paperwork to lose or be misfiled.
Also Read: The Importance of Building Safety as a Facility Manager
In this particular news item, funds needed were allocated by the Department of Energy and yes, that has a different set of rules but the concept is similar. With Facility Maintenance Software, not only is the rest of your maintenance duties easier to handle but it helps with budgeting as well.
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