CMMS
CMMS Pricing: A Complete Guide to Maintenance Management Cost
Maintenance management systems are designed to help you save on maintenance costs, equipment downtime, and inventory losses. Various factors affect computerized maintenance management system (CMMS) software pricing, including the type of software you choose, the size of your organization, and the features you need.
In this blog post, we’ve compiled a guide to help you understand the factors affecting CMMS pricing and tips to help you invest in the right platform.
How much does a CMMS cost?
According to functionality and CMMS type, here are the Best CMMS software systems and their starting prices:
Factors that affect CMMS pricing
The pricing structure of CMMS software varies among vendors. Some display a flat pricing structure on their websites, while others require you to request a quote.
In both cases, the CMMS pricing is based on the following factors:
1. CMMS type
Based on the deployment infrastructure, there are two types of CMMS software:
- On-premise CMMS: It’s locally installed and operated on your company’s computer system/server. It is managed entirely within your company’s IT infrastructure. Examples include iMaint, Llumin, and Champs.
- Cloud-based CMMS: It’s hosted on a web server managed by the software provider and can be accessed from anywhere using a web browser. Examples include Facilio, eMaint CMMS, and eWork Orders.
Generally, the on-premise versions cost more than the cloud-based ones. That’s because of the licensing fees, recurring cost of system maintenance, and annual replacement costs.
For instance, Mapcon Pro has two pricing structures. Its cloud-based software costs $69 per month, while the on-premise version costs $1,200 per month.
2. CMMS pricing models
The CMMS cost can vary according to the software pricing model. Some common pricing models are as follows:
Per user subscription plan: A fee is charged for each user accessing the software. It’s suitable for small companies with a few employees and is commonly deployed on the cloud. The more users you have, the higher the total cost will be.
However, the cost can also depend on the features included in the subscription plan.
Per month subscription plan: This CMMS pricing model is like paying rent for the software infrastructure. The organization pays a fixed monthly amount for its employees to access the CMMS system. In most cases, the number of users and the available features are limited.
One-time subscription model: This model costs much more than other CMMS pricing models because users pay a single upfront fee to purchase the software outright. However, future upgrades will require additional costs. It is more common for on-premise solutions, where users install the software on their local servers or computers.
Pay-as-you-go CMMS pricing model: This CMMS pricing model charges users based on their actual usage. Here, you only pay for what you consume. It’s highly beneficial for businesses with fluctuating maintenance needs.
3. Available features
The number of available features affects the CMMS system pricing. The more the features, the more costly the CMMS software will be. Here are the five essential CMMS features:
- Integration: The ability of CMMS software to work with other software systems like inventory or accounting.
- Scalability: Can the CMMS system grow and adapt as your business expands? If yes, then it's certainly the right one for you.
- Mobile applications: A good CMMS solution allows you to effortlessly access the CMMS from your smartphone or tablet.
- Reporting and analytics: This feature provides insights and accurate data that help you make informed decisions.
- Compliance: This feature ensures that your business complies with the regulations within your industry.
4. Additional costs to consider
Here are some additional one-time and recurring CMMS costs you should consider:
- Implementation Costs: These costs are associated with setting up and getting the CMMS system ready to use. They include costs for installation, configuration, integration, and so on.
- Data Migration Costs: These costs are associated with transferring existing data from old systems into the new CMMS system.
- Training Costs: These costs cover training sessions for users to learn how to use the CMMS effectively. Vendors often offer free online training; however, on-site training often attracts extra costs.
- Customization and Branding Costs: These additional costs occur when a company wants to tailor the CMMS system to fit its business's specific needs and branding.
- Support Fee: This fee covers the assistance and basic support that your vendor provides you.
- Ongoing Maintenance Fee: All CMMS solutions require updates, upgrades, and maintenance. This fee ensures that your CMMS system runs smoothly over time.
Remember that the type (on-premise or cloud-based) of the CMMS system you choose can also affect these additional costs.
Now that you’ve seen the factors that affect the pricing structure of various CMMS solutions, the big question is: which CMMS software should you choose?
How to choose the most valuable CMMS solution?
The best way to choose a CMMS solution for your business is to properly audit your company’s scaling goals, future projects, long-term value, and return on investment (ROI).
This way, you’ll be sure to choose a solution that can be useful in the long run and offers the best value.
Facilio is a great place to start if you’re looking for a sustainable, future-proof solution to meet your maintenance management needs, regardless of your company size and preferences.
You’re probably wondering what the difference is between Facilio and other existing CMMS. Well, unlike others, Facilio is a connected CMMS, which is much. more efficient than existing stand-alone solutions.
Here is a detailed table highlighting their differences:
Frequently asked questions on CMMS pricing
1. How do you calculate the ROI for CMMS?
You can calculate the ROI of your CMMS system in 3 simple steps using Facililio’s ROI calculator:
- Step 1: Enter your facility portfolio information as seen below
- Step 2: Add your in-house and out-sourced word order details
- Step 3: Download your ROI report
2. What industries benefit from CMMS?
CMMS systems are beneficial in many industries, such as manufacturing, transportation, energy, construction, healthcare, hospitality, and education.
3. How do you create a maintenance budget?
You can create a maintenance budget by considering previous maintenance needs and recurring costs. It is also best to analyze available data to forecast future maintenance costs.
4. How to choose the most valuable CMMS solution
Now that you’ve seen the factors that affect the pricing structure of various CMMS solutions, remember to perform a proper audit on your company’s scaling goals, future projects, long-term value, and return on investment (ROI).
That way, you’ll be sure to choose a solution that can be useful in the long run and offers the best value.