EAMbrace® Enterprise Asset Management

 EAMbrace® - Enterprise Asset Management Solution is the most modular, configurable

solution designed for organization of all size to better manage its capital assets which are
spread across various users/departments/locations. This solution helps organization to
manage their assets from R to R i.e. from Requisition stage till Retirement of assets.

VENDER NAME
Gaurik Solutions is a software and technology solutions and services company founded
in 2002 and headquartered in Silicon Valley, CA, USA with its offices in USA and
India (Mumbai/Pune).
Gaurik team has developed a highly modular and configurable enterprise asset
management software EAMbrace®. It provides number of solutions around asset
management using EAMbrace®.
Our configurable solutions and quick implementation approach allows us to meet our
clients requirements which include fortune 2000 companies in a very short timeline.
Our trustworthiness enables us to support all of our clients without huge overhead.
EAMbrace® is designed to help organizations of all size better manage its assets
spread across various locations/department/users effectively and efficiently that affect
compliance, risk and business performance.
With EAMbrace® organization can gain real time visibility into asset usage, asset
availability and budget availability for new asset purchase, budget utilization, asset
utilization consumption, transfers, disposal of assets, preventive and breakdown
maintenance.
 Benefits

 Easily create and manage Capital/Maintenance Budget

 Totally configurable and scalable with more than 200 parameters to facilitate organization
specific asset management.
 Workflow driven requisition, procurement management.
 Cloud Based system to support Multi-Location set-up.
 Cover all asset processes in one application
 Approval based transfers management
 Email alerts for each and every activity with help of inbuilt activity alerts master which
provides reminders for pending activity
 Tracking of OEM as well as Vendor warranty of assets.
 AMC and Insurance tracking along with insurance claims.
 Asset tagging by Barcode/QR Code/RFID/GPS
 Inbuilt Document Management System
 Multi Business, Multi Currency, Multilingual Support
 Customized look and feel, fonts, color and terminology as per organizations brand standards
 Management reporting and graphical drill down

Modules covered in Enterprise Asset Management

1. Capital and Maintenance Budgeting

2. Requisition, e-RFQ and Procurement
3. Asset Transfers

EAMbrace® Asset Transfers Management

 The main pain area for any medium to large organization is tracking of transfers of assets
from
one user to other
one department to other
or if the organization is multi-location then transfers from one location to other.
 Many times because of lack of tracking during transfers organizations are losing high value
assets and not able to track them.
 EAMbrace® - Asset Transfers Management Solutions allow organization to streamline their
transfers process in such way that to keep track of every moment in transfer cycle. This
solution also allows organization to put approval mechanism for transfers thus avoiding any
illegal transfers.
4. Solution HelpDesk

EAMbrace® HelpDesk Solution

 EAMbrace® - HelpDesk Solution is targeted towards streamlining your HelpDesk
Ticketing process. The solution helps you to simplifies and automate help desk ticket
management. Go beyond traditional methods of lodging call using phone calls or emails
which are often tedious and time-consuming. With the help of Web-based portal log and
acknowledge tickets from anywhere with just a few clicks. What’s more, raising a service call
is just a scan away. Simply use our smart-phone app to raise call without having to log into a
system.

Check the status of your support staff and assign raised tickets or let the system auto-
assign it for you. Always be updated with vital information like Asset Downtime, Material
Cost, Labour Cost, Root cause, etc. Get Real-time alerts on tickets raised, tickets
acknowledged, and tickets closed.

5. Asset Tagging

EAMbrace® Asset Tagging

 When your organization has hundreds or even thousands of physical assets, it is important to
know their operating condition and where they are located. From computers to industrial
tools identifying, tracking and controlling assets with asset tags is critical to any
organizations bottom line.
 Asset Tagging Solution by EAMbrace® helps organization to increase organizations
productivity and reduce service cost by providing an effective way to keep track of all
physical assets organization owns. Asset tags instrumental in ensuring the safety and security
of organization assets by storing and transmitting asset information.

 Tracking of assets and collecting the data using Asset Tagging Solution by EAMbrace® has
proven to be less expensive, faster and more accurate than manual data collection processes.
 Asset Tagging Solutions by EAMbrace® can tag assets by generating
 Barcode - A barcode is an optical machine-readable representation of data relating to the
object to which it is attached.
 QR Code – QR (Quick Response Code) is two dimensional barcode which uses four
standardized encoding modes to efficiency store data. QR code are fast readable and has
greater storage capacity.
 RFID Tag – RFID (Radio Frequency Identification) uses electromagnetic fields to
automatically identify and track tags attached to objects.
 GPS Tracking - The Global Positioning System (GPS) is a space-based navigation system
that provides location and time information in all weather conditions, anywhere on or near
the Earth.
6. AMC/Warranty/Insurance
7. Asset Retirement
8. Depreciation Solution

EAMbrace® Depreciation Solution

Depreciation Solution by EAMbrace® covers all statutory aspects of depreciation

calculation in finer details. Depreciation calculation as per New Companies act, 2013, as per
Income Tax 1961 along with depreciation methods like SLM, WDV are covered in complete
details. Apart from statutory depreciation books, organization can create additional user
defined books for depreciation as per parent company requirements if required. Multi-shift
depreciation is also handled accurately in depreciation solution of EAMbrace®

EAMbrace® - Depreciation Solution is also capable of supporting all the conventions

applied by US depreciation for tax book calculations. It supports MACRS, ACRS, ADS,
 ACE & AMT. It also supports partial month, mid-month, whole of month, mid quarter, half
year and any other way of depreciation calculations. With Depreciation solution of
EAMbrace® organization can also calculate projected depreciation for assets.

9. CWIP and Lease Asset Management

EAMbrace® CWIP Asset Management

If an asset is not complete at the time of preparing of balance sheet then all the cost
incurred on that asset is terms as Capital Work in Progress (CWIP). CWIP account contains
all the expense done on that asset which may include cost of raw material, transportation cost,
labour cost etc. Once asset is complete all the expense incurred against that asset is taken as
basic value and then that asset is capitalized.

CWIP Asset Management by EAMbrace® helps organization effectively manage their

CWIP asset until completion. Once CWIP assets is termed as complete then assets gets
automatically created with all the expense incurred taken as basic value to start depreciation.

EAMbrace® Lease Asset Management

 Lease Asset Management by EAMbrace® comprises of full-fledged lease management
functionality which includes calculating lease payment transaction and printing lease
schedules. It also calculates leases asset revenues. Lease can classified as operating lease or
capital lease. Lease contract document can be attached along with lease details.

With help of emails alerts lease expiry reminders or payment reminders can be triggered
and send to responsible person.

10. Preventive and Breakdown Maintenance

11. Operations Management

EAMbrace® Operations Management

It’s vital for Operations Manager, Supply Chain Manager, Shop Floor Manager to have
access to timely and accurate information on various key indicators that are critical for
delivering optimal performance and to ensure maximum efficiency. EAMbrace® -
Operations Management Solutions is designed keeping in mind the same principle.
 EAMbrace® combines equipment data collection techniques with advanced analytics to give
information vital for decision making process, on-demand or real time.

EAMbrace® - Operations Management Solution help you with your equipment planning,
always so critical for any manufacturing setup. What’s more, it lets you plan asset utilization
for a given period. Record data on actual utilization and compare them with your planned
figures. Mobilize extra asset when production demand increases and de-mobilize them when
production demand decreases. Record consumption data from various data sources and
compare them with idle figures. Identify patterns and anomalies in your operations, reduce
costs and increase overall efficiency.

12. Contract Management

13. Compliance Management

EAMbrace® Compliance Management

EAMbrace® - Compliance Management Solution helps an organization to ensure all

statutory / regulatory / safety / financial / government compliances are adhered to.

EAMbrace® - Compliance Management Solution allows you to create, modify, and

classify compliance rules as you see fit. It helps an organization in mapping processes,
tracking responsibilities and due dates for statutory and non-statuary compliances. It
also helps in assigning compliances to responsible organizational hierarchy with
adjoining escalation matrix thus enabling effective and responsive management of
compliance activities related to laws, regulations, standards and internal policies.

This solution can also be used for tracking utility bill payments

14. Inventory Management

EAMbrace® Inventory Management

Inventory Management Solution by EAMbrace® allows the organization to track asset

spares and consumables required for repairs and maintenance of assets. Updates utilized
quantity of consumables/spares and provides Real-time view and projection of the stock at
hand.

Supports SEZ/EOU/STP specific workflows, e.g. Inventory transaction approval, gate

pass creation and printing for spare movement/utilization. Provides supporting reports to
view spares, stock and transaction details related to the inventory with item reorder level.

15. Document Management

16. IT Asset Management

EAMbrace® ITAM

Effective IT Asset Management (ITAM) needs a solution beyond simple ability to

scan/discover physical assets on the network. It also needs tracking of the physical,
financial, and contractual information about the asset as it can change throughout the
asset's life. It needs to factor in costs associated with the asset during its service life,
involving install, move, add, and change processes (often referred to as IMAC).
Among others, it also needs to record acquisition and disposal costs, which almost
accounts for more than 20 percent of the asset’s TCO.
EAMbrace® ITAM plays a crucial role in helping IT add value to your enterprise growth
strategy, going beyond providing mere utility value. Auto-discovery in EAMbrace® ITAM
feature allows you to scan your IT assets, both hardware and software, in most non-invasive
way without compromising organization’s Info-sec policies. By deploying different
technological strategies, EAMbrace® Auto-discovery allows you track IT assets both on your
LAN and ones that are not on it. Combined with its own Asset Lifecycle Management
Solution, EAMbrace® ITAM enables you to maintain track of the physical, financial, and
contractual information about every IT asset.

Top competitors to EAMbrace Asset Management

 UpKeep
 IBM Maximo
 eMaint CMMS
 MVP Plant
 Maintenance Connection
 Infor CloudSuite EAM
 RFgen
 SAP EAM

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