Best ERP for Asset Management

Enterprise asset management including preventive maintenance, asset lifecycle tracking, work order management, and asset depreciation.

30 ERP vendors with asset management8 with strong capabilities11 with moderate capabilitiesLast updated July 2026

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8 ERPs with strong asset management · 30 with the module overall. Compare side by side, estimate cost, or find an implementation partner.

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What is ERP Asset Management?

ERP asset management (EAM) tracks capital equipment from acquisition through maintenance to disposal — asset register, depreciation books, preventive/predictive work orders, spare parts and maintenance cost capture in the ledger.

Facilities and light manufacturing often get enough from ERP EAM. Utilities, mining and heavy process may still prefer Maximo-class depth for linear assets and complex maintenance strategies, with ERP owning financial fixed assets.

Why Asset Management Matters

Unplanned downtime and over-maintained assets both destroy ROCE. When maintenance history is disconnected from the asset register and GL, you cannot see true cost of ownership or justify capex. Integrated EAM makes reliability and finance argue from the same asset record.

Top 4 ERP Systems for Asset Management

Ranked by module strength. Open pricing, a buyer's guide, or implementation partners without leaving this shortlist.

#1SAP S/4HANA Private Cloud

Large, complex enterprises needing deep customisation and controlled upgrades

Strong

Starting price

Custom

TCO range

$500K–$5M+

Implementation

6–18 months

Deployment

Cloud, Hybrid

Asset Management capability

Deep PM/EAM with reliability-centred maintenance strategies
Complex asset hierarchies across plants and technical objects
Predictive maintenance signals from IoT and sensor integrations
Work order costing posted to CO and project accounts
Fixed-asset sub-ledger linkage for equipment capitalisation
Mobile and offline maintenance execution for field teams

Strength: Full custom ABAP development — bring existing ECC customisations

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#2Oracle ERP Cloud

Large enterprises moving from on-premise Oracle to cloud

Strong

Starting price

Custom

TCO range

$400K–$3M+

Implementation

9–18 months

Deployment

Cloud

Asset Management capability

Enterprise EAM with work orders and maintenance scheduling
Asset hierarchies with meter readings and condition monitoring
Preventive and predictive maintenance program management
Spare parts consumption linked to maintenance transactions
Fixed-asset integration for capital equipment lifecycle
Mobile maintenance execution for field and plant technicians

Strength: Best-in-class financial management and reporting

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#3Microsoft Dynamics 365

Mid-to-large companies in the Microsoft ecosystem

Strong

Starting price

$50/user/mo

TCO range

$150K–$1M+

Implementation

6–14 months

Deployment

Cloud, Hybrid

Asset Management capability

Dynamics 365 Supply Chain asset management module
Work orders with preventive maintenance calendars
Functional locations, asset BOMs and spare parts planning
Downtime registration impacting production scheduling
Fixed-asset linkage for depreciation on capital equipment
Mobile asset maintenance apps for technician work orders

Strength: Seamless integration with Microsoft 365, Teams, and Power BI

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#4Infor CloudSuite

Large enterprises wanting industry-specific cloud ERP

Strong

Starting price

Custom

TCO range

$300K–$2M+

Implementation

9–18 months

Deployment

Cloud

Asset Management capability

Infor EAM for enterprise asset lifecycle management
Work orders with preventive and condition-based maintenance
Asset hierarchies across plants and distributed sites
Spare parts inventory linked to maintenance BOMs
Reliability analytics on MTBF and downtime Pareto charts
Mobile technician apps for work order completion

Strength: Deep industry-specific editions (Industrial, Distribution, Healthcare, etc.)

Pricing Buyer's Guide

Compare ERP Systems with Asset Management

Pre-filtered to vendors that ship a asset management module. Select up to 4 to compare side by side — unlock the detailed view with your work email.

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Core Asset Management Capabilities to Evaluate

The functional surface area a buyer should expect from a mature ERP asset management module.

Asset registry and lifecycle tracking

Comprehensive asset database with acquisition date, location, specifications, warranty, and full maintenance history. Tracks each asset from procurement through active service to disposal or replacement.

Preventive and predictive maintenance scheduling

Calendar, meter, and condition-based maintenance triggers with auto-generated work orders and resource scheduling. Shifts maintenance from reactive break-fix to planned interventions that extend asset life.

Work order management for maintenance

Structured maintenance work orders with task lists, labour assignments, parts reservations, safety permits, and completion sign-off. Provides full visibility into maintenance backlog, schedule, and resource loading.

Spare parts inventory management

Dedicated maintenance stores with min/max reorder levels, criticality-based stocking, and automatic replenishment from purchasing. Ensures critical spare parts are available without over-investing in slow-moving inventory.

Asset depreciation and financial tracking

Integrated asset accounting with book and tax depreciation methods, revaluation, impairment, and disposal processing. Links maintenance costs to asset records for total cost of ownership analysis.

Maintenance KPIs (MTBF, MTTR, OEE)

Automated calculation of Mean Time Between Failures, Mean Time To Repair, Overall Equipment Effectiveness, and planned vs unplanned maintenance ratios. Drives continuous improvement in reliability and maintenance efficiency.

Mobile maintenance execution

Mobile app for technicians to receive work orders, record readings, log labour and parts, attach photos, and close jobs from the field. Works offline for facilities with limited connectivity.

IoT integration for condition monitoring

Connects to vibration, temperature, pressure, and other sensors for real-time equipment condition dashboards. Feeds sensor data into predictive models that forecast failures and auto-trigger maintenance work orders.

How to Evaluate Asset Management in an ERP

Practical checks drawn from real ERP selection projects — things vendors frequently gloss over in demos.

→Separate financial fixed assets from maintenance EAM in the demo — many ERPs are strong at one and weak at the other
→Test meter- and condition-based triggers, not only calendar PM
→Confirm spare-parts planning against criticality, not only min/max
→Ask how maintenance labor and parts post to cost centres / assets for TCO

Estimate Your Asset Management ERP Investment

Benchmark against 30 ERPs with asset management capabilities and get a 3-year TCO estimate for your company profile.

ERP Cost Estimator

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Number of Users

5 – 5,000 active ERP users

Industry

Company Size

30 ERP Vendors Compared for Asset Management

All vendors on our research platform that support asset management, sorted by module strength.

Vendor	Asset Management Strength	Asset Management Capabilities	Starting Price	Actions
SAP S/4HANA Private Cloud SAP SE	Strong	Deep PM/EAM with reliability-centred maintenance strategies Complex asset hierarchies across plants and technical objects Predictive maintenance signals from IoT and sensor integrations Work order costing posted to CO and project accounts Fixed-asset sub-ledger linkage for equipment capitalisation Mobile and offline maintenance execution for field teams	Custom	Pricing Buyer's Guide Find Partners
Oracle ERP Cloud Oracle	Strong	Enterprise EAM with work orders and maintenance scheduling Asset hierarchies with meter readings and condition monitoring Preventive and predictive maintenance program management Spare parts consumption linked to maintenance transactions Fixed-asset integration for capital equipment lifecycle Mobile maintenance execution for field and plant technicians	Custom	Pricing Buyer's Guide Find Partners
Microsoft Dynamics 365 Microsoft	Strong	Dynamics 365 Supply Chain asset management module Work orders with preventive maintenance calendars Functional locations, asset BOMs and spare parts planning Downtime registration impacting production scheduling Fixed-asset linkage for depreciation on capital equipment Mobile asset maintenance apps for technician work orders	$50/user/mo	Pricing Buyer's Guide Find Partners
Infor CloudSuite Infor (Koch Industries)	Strong	Infor EAM for enterprise asset lifecycle management Work orders with preventive and condition-based maintenance Asset hierarchies across plants and distributed sites Spare parts inventory linked to maintenance BOMs Reliability analytics on MTBF and downtime Pareto charts Mobile technician apps for work order completion	Custom	Pricing Buyer's Guide
Infor M3 Infor (Koch Industries)	Strong	Equipment maintenance on process and fashion plant assets Work orders with spare parts and labour capture Preventive maintenance schedules by asset and line Downtime recording on production equipment events Fixed-asset integration for capital plant investments Maintenance cost analytics by site and equipment type	Custom	Pricing Buyer's Guide
IFS Applications IFS AB	Strong	Market-leading IFS EAM for complex asset-intensive operations Work orders with reliability-centred maintenance programs Asset hierarchies spanning plants, fleets and field equipment Predictive maintenance from condition monitoring and IoT feeds Spare parts planning linked to maintenance demand signals Mobile FSM/EAM apps for technicians with offline support	$100/user/mo	Pricing Buyer's Guide
JD Edwards EnterpriseOne Oracle	Strong	Equipment master with PM work orders and schedules Preventive maintenance programs by asset and branch plant Spare parts BOMs on equipment and functional locations Downtime and meter reading capture on asset records Fixed-asset integration for capital equipment depreciation Maintenance analytics via One View and batch reporting	Custom	Pricing
SAP ECC SAP SE	Strong	Classic PM module with maintenance orders and notifications Equipment and functional location hierarchies Preventive maintenance plans and task list scheduling Work order costing integrated with CO and FI modules Fixed-asset linkage for capital equipment depreciation Mobile PM apps for technician work order execution	Custom	Pricing Find Partners
SAP S/4HANA Public Cloud SAP SE	Moderate	SAP PM/EAM work orders for preventive and corrective maintenance Equipment master with functional locations and BOM spare parts Maintenance plans and task lists for scheduled uptime programs Downtime recording with impact on production OEE metrics Fixed-asset integration for capital equipment depreciation Mobile Fiori apps for technicians completing work orders	$180/user/mo	Pricing Buyer's Guide Find Partners
Oracle NetSuite Oracle	Moderate	Fixed assets with depreciation and disposal workflows Maintenance work orders via FAM or partner EAM extensions Asset register with location and custodian assignments Preventive maintenance schedules on equipment records Depreciation journals integrated with the GL subledger Asset dashboards on NBV, maintenance cost and utilization	$99/user/mo	Pricing Buyer's Guide Find Partners
Acumatica Acumatica (EQT Partners)	Moderate	Fixed assets with depreciation and transfer workflows Equipment records linked to service orders and contracts Maintenance schedules on asset and location records Work order costing with parts and labour capture Depreciation runs posted to the operational ledger Asset inquiry screens on NBV and maintenance history	Custom	Pricing Buyer's Guide Find Partners
Epicor Kinetic Epicor Software	Moderate	Plant maintenance work orders on production equipment Preventive maintenance schedules tied to machine calendars Spare parts BOMs on equipment and work-centre records Downtime tracking with impact on shop scheduling Fixed-asset integration for capital equipment records Maintenance costing rolled into plant overhead rates	$100/user/mo	Pricing Buyer's Guide
Sage X3 Sage Group	Moderate	Fixed assets with multi-book depreciation options Equipment maintenance orders on production assets Preventive maintenance planning by asset category Spare parts consumption on maintenance work orders Asset transfer and revaluation across legal entities Maintenance spend analytics by site and equipment class	$100/user/mo	Pricing Buyer's Guide Find Partners
Sage Intacct Sage Group	Moderate	Fixed assets module with depreciation and disposal Asset tagging dimensions for cost-centre allocation Maintenance spend tracking via project and department tags Multi-entity asset registers with consolidation views Depreciation schedules posted to the GL automatically Asset dashboards on NBV and maintenance cost trends	Custom	Pricing Buyer's Guide Find Partners
QAD Adaptive ERP QAD Inc. (Thoma Bravo)	Moderate	Plant maintenance work orders on production equipment Preventive maintenance programs by asset and line Spare parts planning linked to maintenance BOMs Downtime capture with OEE impact on manufacturing KPIs Fixed-asset integration for capital equipment depreciation Maintenance analytics on cost and uptime by plant	$90/user/mo	Pricing Buyer's Guide
ERPNext Frappe Technologies	Moderate	Asset doctype with depreciation schedules and disposal Maintenance schedules and work orders on equipment records Asset movement and custodian tracking across locations Depreciation journals posted to the accounting ledger Maintenance visit logs with parts and labour capture Asset dashboards on NBV and maintenance request backlog	$0 (self-hosted)	Pricing Buyer's Guide
Deltek Costpoint Deltek (Roper Technologies)	Moderate	Fixed assets for office equipment and project tools Asset tagging linked to project and studio cost centres Depreciation schedules for capital equipment investments Maintenance tracking on firm-owned survey and field gear Asset disposal workflows with GL impact on project overhead Asset reports on NBV by office and practice group	$75/user/mo	Pricing Buyer's Guide
Plex Manufacturing Cloud Rockwell Automation	Moderate	Plant maintenance integrated with MES machine records Preventive maintenance triggered by runtime meter readings Work orders with immediate shop-floor downtime capture Spare parts consumption linked to maintenance on lines OEE impact reporting from unplanned equipment events Mobile maintenance apps for plant technician execution	$120/user/mo	Pricing
Aptean ERP Aptean	Moderate	Vertical EAM for process and industrial plant equipment Work orders with GMP-oriented maintenance documentation Preventive maintenance on batch production line assets Spare parts linked to equipment BOMs and batch records Downtime capture with yield impact on production KPIs Maintenance analytics for regulated plant audit trails	$100/user/mo	Pricing
SAP Business One SAP SE	Basic	Fixed assets module with depreciation schedules Equipment records linked to service and maintenance contracts Simple maintenance tracking via service call modules Asset transfer and disposal workflows for SMB equipment Depreciation journals posted to the general ledger Asset reports on book value and maintenance spend	$95/user/mo	Pricing Buyer's Guide Find Partners
SAP Business ByDesign SAP SE	Basic	Fixed asset accounting with depreciation runs Service and maintenance orders on installed equipment Equipment master with warranty and service level data Preventive maintenance scheduling on asset records Cost tracking on maintenance activities and spare parts Asset analytics on uptime and maintenance spend trends	$120/user/mo	Pricing Buyer's Guide Find Partners
SYSPRO SYSPRO	Basic	Plant maintenance work orders on factory equipment Preventive maintenance schedules by machine and work centre Spare parts issues linked to maintenance job records Downtime tracking with shop-floor impact reporting Fixed-asset records for capital equipment depreciation Maintenance cost reports by department and asset class	$75/user/mo	Pricing Buyer's Guide
Workday Workday Inc.	Basic	Workday Financials fixed assets for capital equipment tracking Asset lifecycle from acquisition through disposal Depreciation books with multi-GAAP schedule support Maintenance spend tagging via project and cost-centre dims Asset dashboards on NBV and capital expenditure trends Integration points to dedicated EAM systems for work orders	Custom	Pricing Buyer's Guide
Odoo Odoo SA	Basic	Maintenance app with equipment records and work requests Preventive maintenance schedules on machine calendars Spare parts consumption on maintenance work orders Downtime logging with impact on production planning Fixed-asset module with depreciation journal entries Maintenance KPI dashboards on MTTR and request backlog	$24.90/user/mo	Pricing
Epicor Prophet 21 Epicor Software	Basic	Fixed assets for warehouse equipment and fleet vehicles Maintenance tracking on material-handling assets Depreciation schedules posted to distribution finance records Asset registers by branch and distribution centre Maintenance spend reports on DC equipment uptime Integration to third-party EAM for advanced work orders	$75/user/mo	Pricing
Unit4 ERP Unit4	Basic	Fixed assets with multi-book depreciation for services orgs Asset registers linked to projects and cost-centre structures Maintenance spend tracking via project accounting dims Asset transfer and disposal workflows across entities Depreciation runs integrated with financial close cycles Asset analytics on capital spend and NBV trends	$95/user/mo	Pricing Buyer's Guide
Priority ERP Priority Software	Basic	Fixed assets with depreciation and revaluation workflows Equipment maintenance orders on plant machinery Preventive maintenance schedules by asset category Spare parts consumption on maintenance work orders Depreciation postings to multi-company GL structures Maintenance cost reports by department and asset type	$60/user/mo	Pricing Buyer's Guide
Global Shop Solutions Global Shop Solutions	Basic	Equipment records on CNC machines and shop assets Preventive maintenance schedules tied to machine hours Work orders with spare parts and labour on shop equipment Downtime tracking with impact on job scheduling Fixed-asset depreciation on capital shop investments Maintenance cost roll-up into plant overhead rates	$65/user/mo	Pricing Buyer's Guide
abas ERP abas Software AG	Basic	Fixed assets with depreciation across multi-site deployments Equipment maintenance orders on production machinery Preventive maintenance schedules by asset and cost centre Spare parts issues on maintenance work order completion Downtime logging with production schedule impact Maintenance spend analytics by plant and equipment class	$90/user/mo	Pricing
Microsoft Dynamics GP Microsoft	Basic	Fixed assets module with depreciation and disposal Equipment records via third-party EAM ISV extensions Preventive maintenance through partner maintenance add-ons Depreciation journals posted to the GP general ledger Asset transfer workflows across company databases Asset reports via SmartList and SSRS report packs	$75/user/mo	Pricing Find Partners

ERP Vendors With Strong Asset Management Capabilities

S4V

SAP S/4HANA Private Cloud

SAP SE

Enterprise

Fully customisable managed-cloud ERP for complex enterprises

Finance & AccountingManufacturingSupply ChainInventory Management

Custom pricing·cloud, hybrid

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ORC

Oracle ERP Cloud

Oracle

Enterprise

Enterprise cloud ERP with deep financials and analytics

Finance & AccountingSupply ChainHR & PayrollProject Management

Custom pricing·cloud

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D365

Microsoft Dynamics 365

Microsoft

Premium

Modular ERP + CRM tightly integrated with Microsoft 365

Finance & AccountingManufacturingSupply ChainCRM

From $50/user/mo·cloud, hybrid

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INF

Infor CloudSuite

Infor (Koch Industries)

Enterprise

Industry-specific cloud ERP suites on AWS

Finance & AccountingManufacturingSupply ChainHR & Payroll

Custom pricing·cloud

Pricing Buyer's Guide

Infor M3

Infor (Koch Industries)

Premium

Process manufacturing ERP for food, chemicals, and pharma

Finance & AccountingManufacturingSupply ChainInventory Management

Custom pricing·cloud, on-premise

Pricing Buyer's Guide

IFS

IFS Applications

IFS AB

Premium

ERP + EAM + FSM in one platform for asset-heavy industries

Finance & AccountingManufacturingSupply ChainProject Management

From $100/user/mo·cloud, on-premise, hybrid

Pricing Buyer's Guide

JDE

JD Edwards EnterpriseOne

Oracle

Enterprise

Legacy enterprise ERP with deep manufacturing and distribution capabilities

Finance & AccountingManufacturingSupply ChainHR & Payroll

Custom pricing·on-premise, hybrid, cloud

Pricing

ECC

SAP ECC

SAP SE

Enterprise

Legacy SAP ERP Central Component — the predecessor to S/4HANA

Finance & AccountingManufacturingSupply ChainHR & Payroll

Custom pricing·on-premise

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Asset Management ERP by Industry

Industries where asset management is most critical — see the vendors that specialise.

ERP for Manufacturing

8 strong asset management vendors →

ERP for Oil & Gas

3 strong asset management vendors →

ERP for Pharmaceuticals

3 strong asset management vendors →

ERP for Construction

3 strong asset management vendors →

ERP for Automotive

2 strong asset management vendors →

ERP for Healthcare

2 strong asset management vendors →

Browse Other ERP Modules

Compare ERP vendors across the other functional areas of the business.

Finance & Accounting

Core financial management including general ledger, accounts payable/receivable, fixed assets, cash management, and financial reporting. The backbone of any ERP system.

23 strong vendors →

Manufacturing

Production planning, shop floor control, BOM management, MRP, and manufacturing execution. Supports discrete, process, and mixed-mode manufacturing environments.

26 strong vendors →

Supply Chain

End-to-end supply chain visibility including demand planning, supply planning, logistics, supplier management, and supply chain analytics.

18 strong vendors →

CRM

Customer relationship management including sales force automation, opportunity tracking, customer service, and marketing automation within the ERP platform.

6 strong vendors →

HR & Payroll

Human resources management including employee records, payroll processing, benefits administration, time and attendance, and talent management.

10 strong vendors →

Project Management

Project planning, resource allocation, time tracking, expense management, and project accounting for project-centric businesses.

13 strong vendors →

Frequently Asked Questions

What is EAM in ERP?

Enterprise Asset Management (EAM) in ERP manages the full lifecycle of physical assets — from acquisition and maintenance to disposal. It includes preventive maintenance scheduling, work orders, spare parts management, and asset depreciation.

Which ERP has the best asset management?

IFS Applications, SAP (with SAP EAM/PM), and Oracle (with Oracle EAM) offer enterprise-grade asset management. Infor M3 and JD Edwards also have strong EAM capabilities for asset-intensive industries.

Do I need a separate CMMS or is ERP asset management enough?

For most companies, ERP asset management handles preventive maintenance, work orders, and asset tracking well. Asset-intensive industries (utilities, mining, oil & gas) may benefit from dedicated CMMS/EAM solutions like Maximo or Infor EAM.

What is preventive vs predictive maintenance?

Preventive maintenance is scheduled at fixed intervals (e.g., every 90 days). Predictive maintenance uses IoT sensor data and analytics to predict when equipment will fail, servicing only when needed — reducing costs and downtime.

How does ERP track asset depreciation?

ERP asset management integrates with finance to track asset depreciation using methods like straight-line, declining balance, or units-of-production. This ensures accurate financial reporting and tax compliance for fixed assets.

Related ERP add-ons & software

Specialist software that extends this capability and integrates with your ERP:

Field service management softwareScheduling, dispatch and mobile work orders that sync to your ERP.Lease accounting softwareASC 842 / IFRS 16 lease journal entries posted to your ERP GL.Document management softwareCentralised document storage linked to your ERP.

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