eSSETS Review - why 4.9 stars?

eSSETS Review
ITQlick Score: 76/100
ITQlick Rating: (4.9/5)
Pricing: 2/10 - low cost
Category: Maintenance -> eSSETS
Ranking:Ranked 104 out of 272 Maintenance systems
Company: eSSETS, Inc.
Pricing: starts at $432 per user/year
Typical customers: Medium business
Platforms: Desktop
Links: eSSETS pricing, eSSETS alternatives

Shlomi LaviShlomi Lavi / updated: Mar 04, 2022

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What is eSSETS and its features?

Essets is an asset management solution. The software allows companies to manage their facilities and assets with features that include asset inventory, inspection, preventive maintenance, resource allocation as well work order management.

The company Essets was founded to deliver solutions that manage the full asset cycle from acquisition, tracking, maintenance & inspection, performance and retirement. The company’s goal is to ensure that the utilization of all assets is maximized while ensuring that asset lifecycles are extended for long term use and cost reduction.

What is eSSETS rating?

The rating of eSSETS is 4.9 stars out of 5 and the total score is 76 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Who uses eSSETS?

Essets is a cross industry product that includes sectors such as Healthcare, Local Government, Aviation, Educational institutions, Food Service and Manufacturing. It is scalable for any size of business and it is provided as a cloud based solution.

The product is suited for companies that are looking for an asset management solution that will save them money & time while reducing risk and increasing asset reliability. As it is offered as a cloud based solution there is minimal technology investment and no software maintenance required, with only a monthly subscription fee based on usage. This provides a cost effective solution for companies looking for quick deployment and Return on Investment (ROI). In addition the product has a free trial allowing companies to minimize their software investment risk so they can confirm product fit to their requirements prior to actual software purchase.

Essets can also handle a variety of facilities that include Properties, Buildings, and Warehouses & Plants giving customers the flexibility to manage all their relevant assets. In addition the product has an extensive database of assets already pre-configured such as office equipment, vehicles, ground service equipment as well as kitchen service equipment. This allows asset & equipment managers to be able to setup their asset inventory quicker and focus on the smaller set of unique assets that need full setup. In addition Essets supports mobile access of the application via smart phone & table so both managers & field staff can get access to critical asset information, assignments and activities while working remotely.

Customers for Essets include Ozarks Technical Community College.

Is it easy to use?

Yes, eSSETS makes it fairly easy to use. This product is user friendly and intuitive.

Is eSSETS cloud-based?

No, the software in not cloud based so you would need to install it locally and connect it directly to a server.

Can it be used on mobile?

No, currently eSSETS can't be accessed on mobile, you would need to access it from your computer.

Is eSSETS the best Maintenance system?

eSSETS is ranked 104 out of 272 software in their category (Maintenance systems).

What are their main features and functionalities?

Essets has a comprehensive asset maintenance module that supports preventive maintenance, preemptive inspections as well as warranty coverage. This benefits companies by reducing maintenance costs, allocating reliable maintenance vendors, as well as providing detailed asset performance histories when insurance renewals are required to reduce premiums. Additionally you can also track energy usage of assets so that asset usage can be optimized to reduce energy consumption.

The product supports workflows for routing of maintenance & inspection requests as well as work order management for Managers & Dispatchers to track assignments through the full cycle with a detailed audit of all actions taken. There is also a document management system for tracking all asset related information such as installation manuals, troubleshooting guides as well as inspection & maintenance histories. This is useful for asset analysis to determine corrective actions & process improvements to extend asset lifecycles. The information is also organized into a contextual knowledge base which can be easily searched for relevant asset information.

Essets provides a Places module to organize both physical asset locations such as buildings & warehouses, as well as logical locations such as regions & districts. In this way facilities can be organized according to the business requirements & processes for asset management. There is also an Organizations module for grouping parties related to an asset or group of assets such as contractors, maintenance & warranty providers, and engineers & inspectors for easy access of relevant resources. Finally there is an Activities module to track all actions taken on a given asset such as repairs, utilization, maintenance, warranty and service level agreements (SLAs) which can be tied to the asset history.

What are eSSETS's pros? (5 Pros)

  • Essets offers a free trial of its product
  • Mobile device access of the application is supported by Essets
  • The product has an extensive database of pre-configured assets to allow rapid setup of asset inventory
  • Essets is provided as a cloud based solution which needs minimal technology investment and no software maintenance but can be scaled to business growth
  • The product allows tracking of energy utilization of assets as well

What are eSSETS's cons? (5 cons)

  • Essets does not offer an on premise version of its solution
  • The product does not provide any social collaboration features.
  • Essets does not support user driven customization of the product
  • There are no advanced Business Intelligence & Analytics available in Essets
  • The solution does not fully support integration with third party software

Who are their main alternatives?

The main competitors for Essets are eFacility and BEIMS.

eFacility is focused on facility and asset management and is offered as a modular solution so customers can choose the functionality that they require. Its features include asset maintenance management, building management & space allocation systems, as well as property & rental management. Additional options include a knowledge base with help desk support, as well as energy consumption monitoring to optimize usage. The product is workflow based and includes analytics with dashboards for performance analysis against defined KPIs.

In comparison Essets provides similar solution that addresses both assets and facilities. Its features include context based searching to obtain the necessary information quickly, as well as risk management through the use of regular audits & inspections to reduce theft and fraud. Additionally there are historical analysis tools to help plan service & maintenance improvement so as to avoid unplanned downtime.

BEIMS on the other hand includes similar features but also supports contract management to ensure service delivery and maintenance is properly handled and measured. Another feature is its workforce management module to assign staff for various activities based on the facility or asset requirements. The product also offers an option to integrate with various accounting systems to handle financial management & costing.

Essets includes resource management but also provides task & activity assignment combined with document management to handle all related facility & asset information. Additionally the product is offered as a cloud based solution with mobile device access, with functions to track & optimize energy consumption as well.

What is the cost of eSSETS?

The cost of license starts at $432 per user/year. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 2 out of 10 (10 is most expensive). You can find here the REAL total cost breakdown for eSSETS.

What should you ask eSSETS, Inc. during a demo session? (65 questions)

Schedule a demo with eSSETS and access 65 must ask questions for the vendor while watching eSSETS in action.

List of categories

Facilities Management

List of features

Cost Analysis
Maintenance Overview

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Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.