Octave Attune EAM
Octave Enterprise Asset Management (Octave Attune EAM), formerly known as HxGN EAM, offers a comprehensive, fully integrated solution for optimising the management of your physical assets and infrastructure.
Transform the Way You Manage Your Assets
Octave’s Enterprise Asset Management Software (Octave Attune EAM) is designed to optimise the performance and longevity of your assets – whether it’s fleet and vehicles, machinery, buildings and facilities, road, pipeline, turbines, or infrastructure-based assets. If the asset requires maintenance or performance monitoring, Octave Attune EAM provides the tools to manage your assets effectively with unparalleled precision.
Octave Attune EAM is a powerful solution built for asset-intensive industries where increasing asset performance is paramount, and downtime leads to loss of production, increased safety risks, adverse environmental impacts, and significantly higher operating costs.
Driven by cutting-edge AI, machine learning, predictive analytics, and mobile workforce technology, Octave Attune EAM delivers a unified, real-time view of asset data and performance across your organisation.
Octave Attune EAM Software Benefits
For asset-intensive businesses, physical assets are the backbone of operations and revenue generation. Here are several key advantages of implementing an enterprise asset management solution:
Maintenance Management
Maximise the efficiency and productivity of assets and minimise downtime to enhance overall performance.
- Schedule routine, preventive and reactive maintenance to avoid unexpected equipment failures
- AI, sensor and IoT-based integration for predictive maintenance helping to detect issues before they occur
- Repairs and replacements for corrective asset maintenance and avoid breakdowns
Assets, Tracking & Inventory Management
Maintain a central database of all assets, their specification, location, usage, condition status and value.
- Management of Inventory levels, parts and critical spares
- Auto replenishment of spares based on analytical trends and consumption
- Barcoding, RFID, or IoT-enabled tracking for real-time updates
- Up-to-date asset value and end-of-life budget planning
Work Order Management
Automate scheduling and assignment of maintenance tasks to engineers and technicians.
- Track work history and maintain service records
- Plan and monitor field service technician and their performance
- Create follow-on work orders with access to technical specifications, task lists and available inventory
Risk & HSE Compliance
Ensure adherence with industry regulations, health and safety standards, and environmental laws.
- Reduces risks and liabilities by maintaining up-to-date documentation and real-time reporting
- Enforces best industry practices, company and manufacturer compliances
- ISO 55000 compliant
Asset Lifecycle & Performance Management
By tracking asset performance using key metric indicators, organisations can optimise process and operational efficiency from their assets.
- Helps with decision-making for asset retirement planning or potential upgrades
- Condition monitoring also helps reduce maintain costs over the lifespan of each asset
- Seamless EAM Integration: Integrate seamlessly with Supervisory Control and Data Acquisition (SCADA), Building Automation Systems (BAS), Enterprise Resource Planning (ERP), and Business Intelligence (BI) systems
- Using IoT technology, sensor data can be used to help automate predictions, detect and prevent asset failures
Financial & Cost Management
Analyse asset costs, maintenance and repair costs, depreciation and ROI, optimising budgeting and planning processes.
- Helps reduce the total cost of ownership (TCO) through better resource allocation
- Optimise the useful life of assets before incurring major repair and maintenance costs
Contracts Management
Contract Management functionality supports service providers in invoicing their services to their customers.
- Customer Contracts intended for long-term contracts where invoices are generated throughout the contract period for lease or rental of equipment
- Reservations are intended for short-term rental of equipment where the equipment is issued out to the customer for a period. Upon return of the equipment the customer will be invoiced for the usage period, miles or kilometers or any other unit of measure selected and for other one-time charges
Data Collection
Octave Attune EAM Mobile facilitates the capture of accurate data through a range of features that help to enhance data integrity, on the move.
- Digital checklists
- Barcode scanning
- Speech-to-text functionality
Mobile Access
Provides field workers with real-time access to a range of tools that help to improve data accuracy, allowing technicians to perform tasks efficiently while in the field.
- Work orders
- Asset histories
- Technical documents via their mobile device
Purchasing and AP Invoicing
Octave Attune EAM’s Purchasing and Accounts Payable (AP) invoicing functions will manage the complete lifecycle of procurement, from requisition to payment and returns.
- Creating & tracking of PO’s
- Receipting of Goods / Services against Purchase Orders
- Management of over deliveries and goods returns
- Creating and tracking of supplier returns for incorrect or damaged items
- Tracking of materials, services, and costs against Budgets
- Tracking supplier performance & monitoring
%
Increased asset lifespan from maintenance and labour optimisation
%
Reduced downtime from pro-active maintenance and minimising asset failures
%
Improvement from adopting HSE policies, compliance and risk management
%
Cost reduction from improved asset optimisation and lower operational costs
Find Out More About Octave Attune EAM
Discover how Touchstone can help your organisation streamline operations, improve asset reliability, and drive costs efficiencies with an integrated Enterprise Asset Management system powered by Octave.
