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SMART | PBO
Optimize Lifetime Value of Assets with SMART|PBO
SMART | PBO (Planning, Budgeting and Ordering Module) integrates the critical processes of planning, budgeting and ordering within the asset management lifecycle, helping to maximize the lifetime value of assets by increasing asset utilization and redeployment.
SMART | PBO is a robust solution for planning, budgeting, authorizing, expenditure tracking and order tracking of all capital/expense asset acquisitions. Through its seamless integration with both SMART | PEMS (for assets, controlled property and tooling) and with SMART | TMAS (for material, expendables and spare parts), SMART/PBO provides a seamless database solution in contrast to the Excel spreadsheet quagmire or ad-hoc decision-making that so many companies face today.
Key SMART | PBO features include:
- ability to submit equipment requests electronically,
- preparation of capital plans and budgeting,
- budget versus cost reporting,
- requisition tracking (including one plan to many line items),
- purchase order tracking,
- automatic receipts against orders into TMAS,
- acquisition of assets through PBO directly into SMART | PEMS, including purchase order tracking and receipt,
- lookup and tracking of orders by any combination of over a dozen attributes, and
- provides total visibility over all asset resource planning, budgeting and acquisition processes.
With the addition of SMART | PBO to your asset management solution suite, the global AssetSmart product family enables complete life cycle management processes starting with asset planning and culminating in asset disposal and investment recovery.
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