Asset management software for Canadian organizations
Enterprise Asset Management (EAM) built for Canadian public and private sector organizations. PSAB compliance, TBS Guidelines support, CAD capital forecasting, and data residency in Canada - managing assets from acquisition through disposal.
Built for Canadian compliance
PSAB 3150, TBS Guidelines, O. Reg. 588/17, and ISO 55000 support, with asset and maintenance data kept in Canada.
Plan capital years ahead
Condition, age, and cost data feed 20-year replacement forecasts and defensible budget submissions for council and board.
Maintenance and strategy in one
Full CMMS work management plus EAM lifecycle planning in a single platform - one database, one price.
The cost of unmanaged public assets
Canadian organizations carry real reporting and planning obligations. When asset data lives in disconnected spreadsheets, compliance becomes a scramble and capital forecasts become guesswork. A single system of record turns both into routine.
Capital assets go unreported
Public-sector organizations must account for tangible capital assets under PSAB 3150. Without a system of record, valuation, depreciation, and impairment tracking happen in disconnected spreadsheets.
Levels of service stay undefined
Ontario municipalities must publish current and proposed levels of service across all infrastructure. Condition data scattered across departments makes a defensible plan nearly impossible.
Capital forecasts run on guesswork
Council and board budget requests demand long-range replacement forecasts. When age, condition, and cost data are not connected, the forecast is a guess - and the funding case falls apart.
Asset management for all levels of government
Canadian organizations at federal, provincial, and municipal levels have distinct asset management requirements. AssetLab supports all three with compliance features and reporting capabilities.
Federal
Federal government departments and agencies managing real property, fleet, equipment, and infrastructure assets across Canada.
Requirements
- TBS Policy on Planning and Management of Investments
- Directive on the Management of Real Property
- Federal Sustainable Development Strategy
- Investment Planning requirements
Asset Types
- Federal buildings and real property
- Fleet vehicles and equipment
- Defence infrastructure
- Border and port facilities
Provincial
Provincial ministries and Crown corporations managing highways, healthcare facilities, education infrastructure, and provincial assets.
Requirements
- Provincial capital planning requirements
- Ministry-specific asset management policies
- Healthcare infrastructure standards
- Education facility planning guidelines
Asset Types
- Provincial highways and bridges
- Healthcare facilities
- Educational institutions
- Provincial parks and facilities
Municipal
Cities, towns, and regional municipalities managing local infrastructure, utilities, and public facilities under provincial regulations.
Requirements
- O. Reg. 588/17 (Ontario)
- Provincial AMP requirements
- PSAB 3150 compliance
- Municipal council reporting
Asset Types
- Roads and bridges
- Water and wastewater systems
- Recreation facilities
- Public buildings
Condition data across the full lifecycle
Manage every asset from acquisition through disposal. Log an inspection and the condition score, Facility Condition Index, and replacement forecast update instantly - the record keeps itself, and the audit trail keeps your reporting defensible.
- Standardized condition ratings feed FCI across the portfolio
- Acquisition, warranty, and maintenance history on every asset
- Condition drives replacement year and capital forecasts
- Every change logged in the asset timeline for audits
Defensible 20-year capital planning
Project replacement costs in Canadian dollars and build budgets council and board can trust. Risk-based prioritization ranks investments by Likelihood of Failure x Consequence of Failure - so funding goes where the risk actually is.
- 20-year replacement forecasting with scenario modeling
- LoF x CoF criticality scoring and investment prioritization
- Budget allocation tools and council/board presentations
- Cost, depreciation, and PSAB-ready financial reporting
Complete EAM capabilities
Enterprise-grade asset management functionality built on a modern platform with Canadian data residency and compliance support.
Asset Registry & Hierarchy
Comprehensive asset registry with multi-level hierarchies supporting facility, system, and component relationships. Track locations, specifications, and documentation.
- Multi-level asset hierarchies
- Location and spatial tracking
- Specification management
- Document attachments
Condition Assessment
Track asset condition through standardized assessments. Calculate and monitor Facility Condition Index (FCI) across your portfolio.
- Standardized condition ratings
- FCI calculation and tracking
- Assessment scheduling
- Trend analysis
Lifecycle Management
Manage assets from acquisition through disposal. Track warranties, maintenance history, and plan for end-of-life decisions.
- Acquisition tracking
- Warranty management
- Maintenance history
- Disposal planning
Capital Planning
Project replacement costs and build defensible capital budgets. 20-year forecasting with scenario modeling for strategic planning.
- 20-year replacement forecasting
- Scenario modeling
- Budget allocation tools
- Council/board presentations
Risk-Based Prioritization
Score assets using Likelihood of Failure x Consequence of Failure matrix. Prioritize investments based on objective risk criteria.
- LoF x CoF matrix
- Criticality scoring
- Impact assessment
- Investment prioritization
Financial Integration
Connect asset management with financial systems. Track costs, calculate depreciation, and support PSAB reporting requirements.
- Cost tracking
- Depreciation calculation
- Financial reporting
- Budget integration
Canadian compliance frameworks
Navigate the complex landscape of Canadian asset management regulations and standards. AssetLab provides built-in support for key compliance frameworks.
PSAB 3150
Public Sector Accounting Board Section 3150
Requirements for accounting and reporting tangible capital assets in the public sector. Asset management software must support proper asset valuation, depreciation tracking, and financial reporting.
Key Requirements
TBS Guidelines
Treasury Board of Canada Secretariat
Federal government policies and directives for investment planning, real property management, and asset lifecycle management.
Key Requirements
O. Reg. 588/17
Ontario Regulation 588/17
Ontario regulation requiring municipalities to develop strategic asset management policies and plans covering all infrastructure assets.
Key Requirements
ISO 55000
ISO 55000 Asset Management
International standard for asset management providing a framework for establishing, implementing, and improving asset management systems.
Key Requirements
CMMS vs EAM: what is the difference?
CMMS focuses on maintenance operations while EAM provides complete lifecycle management. AssetLab combines both, giving you maintenance management and strategic asset planning in one platform.
| Capability | Traditional CMMS | AssetLab EAM |
|---|---|---|
| Work Order Management | ||
| Preventive Maintenance | ||
| Parts Inventory | ||
| Asset Registry | Basic | |
| Asset Hierarchy | Limited | |
| Condition Assessment | ||
| FCI Tracking | ||
| Capital Planning | ||
| Risk Assessment | ||
| Financial Integration | Limited | |
| PSAB Compliance | ||
| Long-term Forecasting |
AssetLab provides both: Full CMMS functionality for day-to-day maintenance operations combined with EAM strategic planning capabilities. One platform, one price, complete asset lifecycle management.
Canadian integrations
Connect AssetLab with the systems Canadian organizations already use for GIS, finance, and operations.
GIS Integration
Connect with municipal and provincial GIS systems for spatial asset visualization and infrastructure planning coordination.
Financial Systems
Integration with Canadian financial systems including SAP, Oracle, and municipal finance platforms for cost tracking and reporting.
Work Management
Connect asset data with CMMS work order systems for seamless maintenance management and history tracking.
IoT & Sensors
Integrate with condition monitoring sensors and IoT platforms for real-time asset health data.
And everything else you'd expect
Ready for Canadian EAM?
Enterprise Asset Management with Canadian data residency, PSAB compliance support, and integrated capital planning. One platform for maintenance and strategic planning.
No credit card required
Frequently Asked Questions
Common questions about EAM, PSAB compliance, capital planning, and how AssetLab fits Canadian organizations.
What is asset management software?
Asset management software (also called EAM - Enterprise Asset Management) helps organizations track, manage, and maintain physical assets throughout their lifecycle. This includes tracking asset condition, planning maintenance, forecasting replacements, and making data-driven capital investment decisions. For Canadian organizations, it should also support PSAB compliance and Canadian data residency.
What is the difference between CMMS and EAM?
CMMS (Computerized Maintenance Management System) focuses on maintenance operations like work orders and preventive maintenance. EAM (Enterprise Asset Management) includes CMMS functionality but adds lifecycle management, capital planning, financial integration, and strategic planning capabilities. AssetLab combines both CMMS and EAM functionality in one platform.
Do Canadian organizations need PSAB compliant asset management software?
Canadian public sector organizations including municipalities, school boards, and government agencies should use PSAB (Public Sector Accounting Board) compliant software for asset management. PSAB 3150 requires tangible capital asset accounting, which asset management software can support through proper tracking and valuation.
What are the TBS Guidelines for asset management?
Treasury Board of Canada Secretariat (TBS) Guidelines provide direction for federal government asset management. Key frameworks include the Policy on the Planning and Management of Investments and the Directive on the Management of Real Property. Asset management software should support compliance with these frameworks.
How does asset management software support capital planning in Canada?
Asset management software supports Canadian capital planning by tracking asset condition (FCI), forecasting replacement costs, enabling risk-based prioritization, and generating reports for budget submissions. For municipalities, this supports O. Reg. 588/17 compliance; for federal organizations, TBS investment planning requirements.
Can asset management software integrate with Canadian GIS systems?
Yes, modern asset management software can integrate with GIS (Geographic Information Systems) commonly used in Canada. This enables spatial visualization of assets, integration with municipal mapping systems, and coordination with infrastructure planning tools used by Canadian organizations.