What are the financial benefits of CMMS/ maintenance software?

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maintenance software offers many benefits to the maintenance manager

Maintenance software ROI calculation

Calculating the financial benefits of using maintenance software (CMMS software) can be quite a complex undertaking. Maintenance managers will frequently need to provide this sort of justification and a calculation of expected Return On Investment (ROI) prior to purchasing a maintenance management program.

Benefits can come from several sources – such as reductions in equipment breakdowns, reductions in overtime costs, longer asset/ machine life, better inventory management, standards compliance and so on.

To help itemize the list of items to consider and do the financial calculations, we have put together an example case study called CMMS software justification, benefits & return on investment (ROI). While it uses our FastMaint CMMS maintenance management software as an example, much of it is valid for any other competitive CMMS software.

Maintenance software that you can use

You can download a fully functional 30-day trial of our FastMaint CMMS software and see the benefits that it offers you.

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FREEBIE - Key Maintenance Metrics
Useful maintenance metrics for your maintenance program!
GET LIST
Free. PDF format

Want to share this?
FREEBIE - Key Maintenance Metrics 

Useful maintenance metrics for your maintenance program!
GET LIST
Free. PDF format
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FREEBIE - Key Maintenance Metrics
Useful maintenance metrics for your maintenance program!
GET LIST
Free. PDF format
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