Sage Fixed Assets vs SAP EAM

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Our analysts compared Sage Fixed Assets vs SAP EAM 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

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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SAP EAM supports the upkeep of facilities, machines, equipment, vehicles and anything in between via a fully-featured suite. It helps facility managers coordinate asset maintenance, monitor asset life cycles, maintain their facilities and run reports to make better decisions. Users can leverage it for asset information management, performance improvement, assessment templates, risk and criticality assessment, and more.
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$295 Monthly
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Tailored to your specific needs
$5,000 Annually
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Tailored to your specific needs
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Product Assistance

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Product Insights

  • 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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  • Improve Operational Efficiency: Reduce costs, improve asset usage and manage capital expenditures throughout asset lifecycles. Technicians can work more efficiently, improving overall productivity. 
  • Boost Asset Usage: Reduce asset downtime (especially unplanned downtime) and improve asset utilization through centralized monitoring and control. Enhance reliability, efficiency and performance while minimizing disruptions. 
  • Improve ROI: Leverage IT investments and improve the ROI for every asset by boosting asset uptime and extending asset lifetime. 
  • Minimize Failures: Schedule preventative maintenance to repair assets in a timely manner to avoid catastrophic failure. Stay on top of recurring maintenance tasks with alerts. 
  • Make Sites Safer:  Perform routine maintenance on assets, heavy machinery and equipment to secure them from damage and keep workers safe. 
  • Maintain Security and Compliance: Sensor data, engineering insights and critical alerts can only be accessed by authorized users through the SAP Intelligence Network. Each asset element on the SAP cloud platform has a unique ID to authorize publication and subscription. 
  • Share Interactive Data: Include photographs, multidimensional models, multidimensional logical bills of materials and videos for visual spare part management. Users can navigate and “hotspot” images during inspection. 
  • Add Capabilities:  Integrate with other SAP solutions like SAP Predictive Maintenance and Service, as well as SAP Asset Strategy and Performance Management. It also supports integration of master and operational data with business information systems. 
  • Improve Planning: Run what-if simulations and find out which usage scenario suits best and compare results. Apply information from virtual sensors on the model to address potential issues before downtime occurs. 
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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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  • Analytics: Gain engineering insights using a variety of analysis tools including: 
    • Model-Based Analysis: Provides historic usage and predicts asset health and remaining lifespan by simulating and generating time series data in advance. Helps replay an event and see calculation consequences, optimize a 3D visualization of a trade-off and more. 
    • Vibration Analysis: Identify the unique vibration signature of an asset to serve as indicators of early signs of failure. 
    • Structural Analysis:  Physical sensors on a piece of equipment act as inputs for simulating the stresses and strains on a digital representation of the equipment, helping process and analyze their impact on the equipment. 
  • Asset Information Management: Integrate technical information, asset history, maintenance strategies, financial data and real-word information in one platform using models, systems and templates. 
  • Performance Improvement: Get suggestions and solutions about a piece of equipment. Create, review and submit improvement requests. 
  • Mobile Access: Provides back-end flexibility for convenience to users through native apps for iPad, iPhone and Android. 
  • Asset Management: Build a standards-based physical asset management foundation to manage equipment, facilities, vehicles and other assets. 
  • Maintenance Management: Schedule, assign and record maintenance tasks to track maintenance for individual assets. Includes: 
    •  Maintenance strategies and packages. 
    •  Task lists and operations. 
    •  Maintenance plans and items. 
  • Failure Modes and Effects Analysis: Use failure modes based on probability to prioritize the severity of an impact. Allows identification, evaluations and suggestions against potential failures. 
  • Reliability Centered Maintenance: Improve maintenance strategies as an industry standard, with advanced checklists that enable users to create dynamic questionnaires. 
  • Digital Twin: Offers a tailored and graphical representation of a physical object or asset that uses machine learning and visualization to monitor performance or a product lifecycle. Also supports new business models. 
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Product Ranking

#11

among all
EAM Software

#12

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 100 100 85 100 91 98 81 100 62 77 0 25 50 75 100
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User Sentiment Summary

Great User Sentiment 79 reviews
Great User Sentiment 364 reviews
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.

84%
of users recommend this product

SAP EAM has a 'great' User Satisfaction Rating of 84% when considering 364 user reviews from 3 recognized software review sites.

4.0 (22)
2.8 (10)
4.53 (17)
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4.0 (39)
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4.3 (59)
1.5 (1)
4.2 (295)

Awards

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SelectHub research analysts have evaluated SAP EAM and concluded it earns best-in-class honors for Analytics and Reporting, Asset Management, Environment, Health and Safety Management, Spare Parts Handling and Integration and Extensibility.

Analytics and Reporting Award
Asset Management Award
Environment, Health and Safety Management Award
Spare Parts Handling Award
Integration and Extensibility Award

Synopsis of User Ratings and Reviews

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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Comprehensive Functionality: SAP EAM provides a wide range of features that cover various aspects of asset management, such as maintenance planning, work order management, inventory control, and reporting. This comprehensiveness allows organizations to manage their assets effectively throughout their entire lifecycle.
Integration with Other SAP Modules: SAP EAM seamlessly integrates with other SAP modules, such as Finance, Controlling, and Materials Management. This integration eliminates data silos and provides a holistic view of asset-related information, enabling better decision-making.
Scalability and Flexibility: SAP EAM is a highly scalable and flexible solution that can adapt to the changing needs of organizations. It can be customized to meet specific industry requirements and can support both small and large enterprises.
Mobile Capabilities: SAP EAM offers mobile applications that allow technicians to access asset information, create work orders, and update maintenance records from their mobile devices. This improves efficiency and productivity in the field.
Analytics and Reporting: SAP EAM provides robust analytics and reporting tools that enable organizations to gain insights into asset performance, maintenance costs, and other key metrics. This information helps identify areas for improvement and optimize asset management strategies.
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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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Complexity: SAP EAM is known for its intricate and multifaceted structure, often requiring extensive training and expertise to navigate effectively. This complexity can lead to a steep learning curve for new users and ongoing challenges for existing ones, particularly those without a strong technical background.
Cost: Implementing and maintaining SAP EAM can be a significant financial undertaking for organizations. The licensing fees, coupled with the costs of customization, integration, and ongoing support, can strain budgets, especially for smaller companies or those with limited resources.
Customization Challenges: While SAP EAM offers a high degree of customization, tailoring the system to specific organizational needs can be a complex and time-consuming process. This often necessitates the involvement of specialized consultants, further adding to the overall cost and implementation time.
Integration Issues: Integrating SAP EAM with other existing systems within an organization can pose challenges. Compatibility issues, data migration complexities, and the need for ongoing maintenance of interfaces can create hurdles and disrupt workflows.
User Interface: Some users find the SAP EAM user interface to be outdated and less intuitive compared to modern software solutions. Navigating through various modules and functionalities can feel cumbersome, impacting user experience and productivity.
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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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SAP EAM has garnered a mixed bag of user reviews over the past year. Many users appreciate its comprehensive functionality, particularly for managing complex assets and maintenance processes in industries like oil and gas, utilities, and manufacturing. The software's ability to integrate with other SAP modules, such as finance and HR, is also seen as a major advantage, providing a holistic view of operations. However, some users find the interface clunky and outdated, leading to a steep learning curve for new users. The system's complexity can also make it challenging to configure and customize, often requiring specialized IT support. Compared to competitors like IBM Maximo and Infor EAM, SAP EAM stands out with its robust analytics and reporting capabilities, enabling data-driven decision-making for maintenance strategies. Its mobile functionality also receives praise, allowing technicians to access work orders and asset information on the go. However, SAP EAM can be more expensive than some alternatives, especially for smaller organizations with simpler asset management needs. Additionally, users sometimes mention slower performance compared to cloud-based competitors. Overall, SAP EAM appears best suited for large enterprises with complex asset management requirements and existing SAP infrastructure. Its comprehensive functionality, integration capabilities, and advanced analytics make it a powerful tool for optimizing maintenance operations and extending asset lifecycles. However, organizations seeking a more user-friendly and affordable solution may want to explore other options in the market.

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