About Oracle Utilities Work and Asset Management

Oracle Utilities Work and Asset Management provides functionality to handle large volumes of assets and to manage the receipt, installation, maintenance, tracking, and removal of those assets. The system also manages approval processing, tracks purchasing transactions, manages inventory and resources, and tracks costs, accounting, and financial transactions.

The system manages the following main functional areas:
  • Home Page : The home page provides a comprehensive dashboard where you can access information you need to review and complete your work. For example, the Main tab can be configured to display your key work areas; crews or buyers that you monitor, approval summary, your bookmarks or saved searches, and so on. Additional tabs provide easy access for approvers, planners, executives, and others to information and to review organizational functions and complete work.
  • Approvals : One of the ways that the system simplifies and speeds up work is by routing records when they require approval. Approval requests use approval profiles to determine the properties and requirements for the approval. Approvers can use the Approval Dashboard to manage the approvals that require their attention.
  • Assets : Asset management provides functionality to track the purchase, repair, and maintenance of assets and asset components using general work management processing, preventive maintenance techniques, purchase processing, and inventory tracking. The system also allows organizations to record asset measurements and perform asset inspections in addition to the standard maintenance that is performed on assets.
  • Financial Transactions : The system tracks transactions that incur costs, including purchasing and procurement costs, inventory and stocking costs, and cost associated with the labor, equipment, and materials that are incurred when completing work.
  • Inventory : Inventory is tracked, ordered, and received from vendors and allocated in the Inventory system. As inventory is allocated to work, the system passes this information back to the Work Management system so that maintenance managers and crews know that their parts are available.
  • Preventive Maintenance : Maintenance type work on assets is a proactive way to care for and maintain proper functioning of an asset. This type of work can include inspections, repairs, replacements and so on. Maintenance schedules and triggers identify the type of asset needing maintenance and triggers tell the system when the asset is due for maintenance.
  • Purchasing : Purchasing functions can be used to plan, initiate, and process purchases and purchasing contracts from requisition to invoicing. The system also manages vendors, designated buyers, and stock items.
  • Resource Management : Resources encompass any object that contributes to the running of your organization. This includes crews and crew shifts, employees, equipment, contacts, documents, standard notes and attachments, and so on.
  • Work Management : Work management is the process by which work orders are requested, approved and activated, work is performed and then finished and closed. While the work is being performed, materials, equipment assets, and labor are tracked, as applicable, to your business processes. The system also allows organizations to set up preventive and predictive maintenance cycles.
  • Construction Work Management : Construction work management refers to the various functions related to construction type work, such as new facilities, requests for new services or additions, and designing and estimating line extensions. Construction work uses compatible units to identify the resources necessary to install or remove assets associated with a work site.