Aveva vs Sage Fixed Assets

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Our analysts compared Aveva vs Sage Fixed Assets based on data from our 400+ point analysis of EAM Software, user reviews and our own crowdsourced data from our free software selection platform.

Sage Fixed Assets Software Tool

Product Basics

Aveva’s enterprise solution for asset management offers comprehensive asset, maintenance, inventory and procurement functionality. It helps users maintain peak asset performance through a combination of planned routine maintenance and predictive replacement of parts, improving asset lifespans as well as ROI. It offers well-rounded features that can meet the needs of the most asset-intensive industry.
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Sage Fixed Assets is a comprehensive software solution designed to streamline enterprise asset management (EAM) tasks. It excels in tracking, managing, and depreciating fixed assets, making it particularly suitable for mid-sized to large organizations that require meticulous asset oversight. The software's robust capabilities include detailed asset tracking, depreciation calculation, and compliance with tax regulations, which are crucial for businesses with extensive asset portfolios.

Users benefit from its intuitive interface, which simplifies complex asset management processes, and its ability to integrate seamlessly with other financial systems. Popular features include customizable reporting, barcode scanning for physical inventory, and automated depreciation schedules. These features enhance accuracy and efficiency, reducing the risk of errors and ensuring compliance with financial standards.

Compared to similar products, Sage Fixed Assets is praised for its user-friendly design and comprehensive functionality. Pricing details are typically tailored to individual business needs, so it's advisable to contact SelectHub for a personalized quote. This ensures that users receive a solution that fits their specific requirements and budget.

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Product Assistance

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Product Insights

  • Increase Asset Uptime: Keep assets up and running as much as possible through maintenance scheduling, asset tracking and forecasting.
  • Extend Asset Lifespans: Preventive maintenance schedules help give assets a healthy life and extend asset lifespan.
  • Improve Operational Efficiency: Improve the operation between employees as well as in machinery by recording asset location and status, live updates, and more.
  • Improve Labor Productivity: Streamline the process of repairing assets from work order creation, assignment, completion and recording. Techs know what they’re responsible for, admins have an overview of workflow and everyone is held accountable.
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  • Keep Track of Assets: Customize asset profiles and projects with pre-defined fields, report on asset metrics, compile financial predictions and more. Asset profiles store images, repair histories and procurement for easy access.
  • Manage Projects: Manage multiple projects or multi-component asset construction and convert directly into finished asset profiles on completion.
  • Monitor Depreciation: Monitor the entire asset lifecycle from procurement to retirement, utilize accounting and reporting to track asset depreciation, predict asset repair cost, and accurately budget for new equipment.
  • Streamline Operations: Avoid redundant data entry, centralize asset management tasks and improve communication.
  • Save Money: Manage inventory to reduce lost stock, monitor assets with preventive maintenance plans to improve ROI and save money with a central hub of efficient technicians.
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  • Preventive Maintenance: Schedule maintenance tasks and create a library of frequently performed tasks in order to improve document standardization and maintenance repeatability.
  • Work Management: Plan maintenance ahead of time and perform safe, compliant repairs on a range of asset types. Automatically generate work orders based on a schedule and never forget to put a repetitive task in the system.
  • Inventory Management: Manage spare parts and items that are crucial to proper maintenance tasks. Track inventory stock levels, automate reorders and perform a range of other inventory management functions.
  • Easy Interface: The browser-based HTML5 framework makes it easier to access, implement, maintain and use the application from mobile devices to ensure convenient use any time, anywhere.
  • Approval and Workflow: Improve administrative workflows and efficiency by setting up personalized routing and selection rules. These rules automatically approve work orders or restrict approval access to specified user tiers to promote security.
  • APM Assessment: Utilize the APM features such as asset monitoring to identify gaps in maintenance schedules, then use that data to make informed decisions..
  • Multi-Location Support: Manage one facility or a global network of interconnected facilities from a single solution.
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  • Intuitive User Interface: Users of any technical skill level can use the software. A tutorial wizard walks through every step of processes like inventory management, tax audits and others.
  • Inventory Management: Track and control business’ stocks with inventory management features. Includes stockroom management, automated alerts, procurement and purchasing. 
  • Depreciation Modes: Provides 50 fixed asset depreciation methods such as MACRS (Modified Accelerated Cost Recovery System), straight-line, modified, declining balance, sum-of-years and more.
  • Reporting: Quickly and efficiently generate reports based on industry standards or from customized templates. Comes pre-loaded with more than 30 report formats such as IRS tax forms, Schedule 8 Capital Cost Allowances and GASB 34/35.
  • Barcode Readers: Perform inventory checks and reconcile data with Microsoft barcode readers. Sync data from multiple websites in real time to ensure updated information.
  • Integrations: All three modules integrate seamlessly with one another, as well as with other Sage products, third-party ERP and general ledgers, CRM and more.
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Product Ranking

#8

among all
EAM Software

#11

among all
EAM Software

Find out who the leaders are

Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Analytics And Reporting Asset Management Asset Tracking Environment, Health And Safety Management Maintenance And Inspection Management Mobile EAM Resource Allocation And Work Order Scheduling Spare Parts Handling Workforce Management Work Order Management 53 75 55 80 67 80 68 83 50 80 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

Excellent User Sentiment 10 reviews
Great User Sentiment 79 reviews
94%
of users recommend this product

Aveva has a 'excellent' User Satisfaction Rating of 94% when considering 10 user reviews from 3 recognized software review sites.

82%
of users recommend this product

Sage Fixed Assets has a 'great' User Satisfaction Rating of 82% when considering 79 user reviews from 4 recognized software review sites.

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4.0 (22)
5.0 (1)
4.53 (17)
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4.0 (39)
4.7 (7)
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4.5 (2)
1.5 (1)

Awards

Aveva stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

No awards.

Synopsis of User Ratings and Reviews

Comprehensive Functionality: Aveva offers a wide range of features and modules that cater to various aspects of enterprise asset management, including work order management, preventive maintenance, inventory control, and asset tracking. This comprehensive functionality allows organizations to streamline their maintenance operations and improve overall efficiency.
Scalability and Flexibility: Aveva's solutions are designed to be scalable and flexible, accommodating the needs of organizations of all sizes and industries. Whether it's a small facility or a large enterprise with multiple sites, Aveva can adapt to evolving business requirements and support growth.
Integration Capabilities: Aveva provides seamless integration with other enterprise systems, such as ERP and financial software. This integration eliminates data silos and enables a holistic view of asset performance and maintenance costs, facilitating better decision-making.
Mobile Accessibility: Aveva offers mobile applications that empower technicians and field workers to access critical information, update work orders, and complete tasks on the go. Mobile accessibility enhances productivity and responsiveness in maintenance operations.
Reporting and Analytics: Aveva's reporting and analytics tools provide insights into asset performance, maintenance trends, and key metrics. These insights help organizations identify areas for improvement, optimize maintenance strategies, and make data-driven decisions.
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Simple Interface: Many users praise the software for its intuitive design, making it easy to navigate and use for managing assets.
Tailored Customization: The software offers robust customization features, allowing businesses to adapt the software to their specific needs and requirements.
Scales with Your Business: Sage Fixed Assets is designed to accommodate the growth of businesses, making it suitable for both small companies and large enterprises.
Full Asset Lifecycle Management: The software provides a comprehensive set of tools for tracking and managing assets throughout their entire lifecycle, from acquisition to disposal.
Budget-Friendly Solution: Sage Fixed Assets is lauded for its cost-effectiveness, offering a quick return on investment due to its affordable pricing.
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Steep Learning Curve: Aveva's comprehensive functionality can be overwhelming for new users due to its complex interface and extensive features, leading to a prolonged onboarding process.
Customization Challenges: Adapting Aveva to specific workflows and industry requirements can be difficult and may necessitate significant development efforts or specialized expertise.
Integration Complexity: Integrating Aveva with existing enterprise systems and third-party applications can pose challenges due to compatibility issues and data mapping complexities.
Performance Concerns: Users have reported performance issues, particularly with large datasets or complex operations, which can impact productivity and user experience.
Cost Considerations: Aveva's pricing structure, including licensing, implementation, and maintenance costs, can be a significant investment for organizations, especially for smaller businesses.
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Implementation Challenges: The initial setup and customization of Sage Fixed Assets can be quite time-consuming, particularly for businesses with complex asset management needs.
Complexity for Smaller Businesses: The software's robust feature set, while beneficial for larger enterprises, can be overwhelming and unnecessarily complex for smaller businesses with simpler asset management requirements.
Difficult Asset Imports: Importing asset data into the system is not intuitive and can be a cumbersome process, potentially leading to errors and requiring significant manual intervention.
Reporting System Shortcomings: The reporting system, while customizable, can be clunky and difficult to navigate, making it challenging for some users to extract the precise asset information they need.
Pricing Opacity: Determining the pricing for Sage Fixed Assets often requires consultation, and the lack of transparent, upfront pricing can be a deterrent for some businesses.
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Let's dive into what users have been saying about this EAM software over the past year. Overall, Aveva seems to be a bit of a mixed bag, with some users singing its praises and others finding it falls short of expectations. On the plus side, Aveva gets kudos for its robust functionality and comprehensive feature set, particularly in areas like work order management, asset tracking, and preventive maintenance. Users appreciate the ability to streamline maintenance processes, improve asset reliability, and reduce downtime. The software's flexibility and customizability also get a thumbs-up, allowing organizations to tailor it to their specific needs and workflows. However, there are some thorns among the roses. Some users find the interface clunky and outdated, making it less user-friendly than some competitors. The learning curve can also be steep, requiring significant time and effort to get up to speed. Additionally, implementation can be complex and time-consuming, especially for larger organizations with intricate asset management needs. So, who is Aveva best suited for? It appears to be a good fit for larger enterprises in industries like oil and gas, utilities, and manufacturing, where complex asset management is critical. These organizations often have the resources and technical expertise to handle the implementation and learning curve, and they can benefit greatly from Aveva's powerful features and scalability. However, smaller businesses or those with simpler asset management needs might find Aveva to be overkill and may want to explore more user-friendly and affordable options.

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Is Sage Fixed Assets the "sage" choice for managing your company's valuable assets? User reviews from the past year reveal a mixed bag. While Sage Fixed Assets is generally praised for its robust features, particularly its comprehensive depreciation calculations and customizable reporting capabilities, some users find it non-intuitive and difficult to navigate. One user, an accountant with a decade of experience using the software, raves about its ability to streamline asset tracking and depreciation calculations, highlighting the customizable asset template as a key strength. Conversely, another user criticizes the asset import system and reporting functionalities, finding them cumbersome and difficult to use. A major differentiating factor is the software's relatively low cost, making it an attractive option for small to mid-sized businesses seeking a quick return on investment. However, this affordability comes at the cost of a steep learning curve, with some features requiring advanced knowledge to utilize effectively. For instance, while the software boasts over 50 depreciation methods and compliance with various accounting standards, setting up and managing these features can be daunting for users without a strong accounting background. Overall, Sage Fixed Assets is most suitable for businesses with dedicated accounting personnel who can invest the time to master its complexities. Smaller organizations or those lacking in-house accounting expertise may find its learning curve too steep and its interface less user-friendly compared to more intuitive, albeit pricier, alternatives.

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