Asset-Based PPM is built for field service businesses that need more precision than a flat-rate contract allows. By tying PPM contracts directly to individual assets, it makes pricing, coverage, and contract length clear from the outset.

Each asset on a contract carries its own start date, end date, and price. When assets are added or removed, visit schedules, contract values, and draft invoices update automatically, reducing recalculation, billing errors, and the admin involved in managing change at scale.

The result is tighter contract control, cleaner invoicing, and a clearer view of what is covered across every asset and site.

 

Who it’s for

Asset-Based PPM is particularly useful for service businesses managing planned preventive maintenance contracts where scope, pricing, or asset mix change over time.

It helps teams who:

• Manage PPM contracts tied to specific equipment or assets rather than a fixed site price
• Need visit schedules to update automatically when contract assets change
• Want invoices that show customers exactly what they are being charged for
• Handle contracts with flexible billing terms or varying asset counts
• Need one clear view of asset coverage status across a full contract portfolio

Business benefits

Get paid for every asset you cover

Per-asset pricing means every addition, removal, or price change is reflected in your invoices automatically, reducing the revenue leakage that often comes with flat-rate contracts.

Reduce admin across contract management

Automated schedule updates, self-calculating contract values, and auto-updated draft invoices cut the manual work that typically follows any change to a PPM contract.

Improve accuracy and reduce billing disputes

Asset-level invoice detail gives customers a clear breakdown of what they are paying for, helping build trust, speed up payment, and reduce time spent resolving queries.

Keep contracts compliant and up to date

Active, not-started, and ended asset views make it straightforward to confirm coverage status and catch renewal dates before they are missed.