3 considerations for choosing an asset management partner

2 minutes

Choosing the right asset management provider for your organization is as much about finding a team you can depend on as it is about finding one with a competent product. In a highly competitive market, how can you partner with a credible SaaS solution that delivers the control and visibility you need? Here are some key characteristics to look for in an asset management system provider.

1. A strong track record with long-standing market presence

Look for providers with a long history of experience under their belts; companies that have been around for many years will be able to provide a wealth of data on how they've worked (or not worked) in real-world SaaS scenarios. Read recent case studies or testimonials, check out reviews from other clients, and search for relevant media coverage to make the most informed decision. Analyst reports from Gartner or Forrester can also be helpful tools if you have access to them.

2. Flexible and focused on your success

The right partner will make everything easier — whether you're starting small or expanding your enterprise. How? By enabling you to focus on growing your organization while they handle the day-to-day tasks of managing assets, data, and reporting. Experienced SaaS companies have developed flexible platforms that scale to your needs, which means you can be sure of a smooth implementation with customized support. This way, you are collaborating with a vendor that can manage your resources and safeguard your data in a way that is aligned with your goals and objectives.

3. Dynamic and forward-thinking

When considering asset management software, look for a company that is equipped to handle full enterprise-wide asset management. Dynamic SaaS solutions will partner with other organizations to diversify and expand their offerings, thus maximizing platform functionality and client experience. Companies that leverage strategic partnerships are better equipped to support your current needs while remaining scalable for future growth.

There are a number of factors at play when it comes to selecting an asset management system, and the quality of the platform is only one piece of the puzzle. While many providers offer high-quality and affordable solutions, you need a reputable support system to safeguard your operational resources and streamline IT functions.

Ready to take your asset management strategy to new heights? Brightly has the team to get you there. Check out our Buying Guide: Operations Management Software. Brightly provides innovative, results-oriented asset management solutions. We’ll show you where innovation, collaboration, and service meet.