ERP vs FSM Software: What's The Difference (Complete Guide) (2024)

November 1, 2021Paul Tyrrell

ERP vs FSM Software: What's The Difference (Complete Guide) (1)

We all know that paper-based systems are a thing of the past, but do you know what type of business software you need?

When it comes to software solutions, there are endless options to choose from. The hard part is finding the perfect software solution for you. There is no one size fits all when it comes to automation and field service management software. In this guide we will help you decide what software solution will best suit your business needs.

Table of Contents

What is FSM Software?

Field service management software (FSM software) is a software solution that focuses on field centered activities like tracking jobs, work order management, scheduling, asset management and field operations.

When it comes to field service software, features like field service traceability help to boost productivity surrounding maintenance, installation, and service jobs. Field service software can be particularly beneficial when it comes to documentation and reporting capabilities in the field. You will find that your typical field service also has anchors in features like project management and inventory management.

What is ERP Software?

Enterprise Resource Planning (ERP) software works to simplify office or admin related processes. ERP solutions focus on automating systems and saving time around accounting, management, supply chain field services and operations. ERP systems save time by streamlining admin tasks to reduce wasted time in workflows.

ERP and FSM: What’s the difference?

While both ERP and FSM have things in common, they also differ in their implementation and delivery. FSM software will often target more on the field service technicians and work in the field while ERP targets the admin side of things, including the back office.

To find what software best suits your business, it will depend on what type of service delivery solution that you need. Field service operations can be time consuming and frustrating when it goes wrong, but with a software solution tailored to your business, you can eliminate wasted time and boost productivity.

The Gaps Of ERP Software

When it comes to ERP solutions there are a few gaps in the software solution. Some of the challenges of ERP include the higher cost of the software. While this type of software can be effective, it can present a high initial cost.

Implementing new software can also be time consuming for any field service business. A new ERP solution can require training and time for implementation. As with any new software, ERP will consume time to begin with, but overall will help you reduce wasted time.

An ERP solution can be a big investment for many businesses, but this also requires a lot of time and money. Finding the right software can be hard for businesses, especially when most software offers little customisation and flexibility.

ERP vs FSM Software: What's The Difference (Complete Guide) (3)

How Field Service Management Software Can Help

With the right field service management software, you can streamline your field service business. If you are looking to boost your productivity, consistency and accountability, a field service software can help you.

Field service management can help provide more connectivity between your office and field with the help of real time information. When you can track technicians, jobs, store customer details, complete reporting from the field and reduce your double data entry, you give your business more opportunities for growth.

While not all field service management software will be right for your business, here are the top features you need to look out for:

Top Features To Look For In A FSM Software

Status tracking and updates allow you to get real time updates of your work. When you have software that can automate reminders and notifications, you gain higher visibility over what stages your jobs are up to.

Inventory management is key for any field service business who is looking for an FSM software. With inventory management, you can easily track stock, monitor spare parts, and ensure that you’re never left in the lurk again when it comes to your maintenance work.

Preventive maintenance features are key to any field service work and can allow you to schedule jobs, create checklists and access history. Preventive maintenance is essential to create longevity and high performing assets. Without preventive maintenance features in your FSM software, you will have no way to consistently monitor your maintenance work.

Asset management helps you and your technicians keep on track when it comes to your asset data. This is another vital feature to look out for in your chosen FSM software.

FieldInsight is the all-in-one software solution that covers all five of the primary automations. With FieldInsight, you gain the best in both field and office operations. For a field service software that boosts productivity and reduces wasted time in your business, book a demo today to find out more.

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ERP vs FSM Software: What's The Difference (Complete Guide) (2024)

FAQs

What is the difference between FSM and ERP? ›

Asset management

ERP systems can help establish the original asset record derived from a manufacturing or sales order, while field service management goes more into detail. So, FSM software can benefit your company with task tracking, parts used, monitoring fault codes, track warranties, and record maintenance history.

What is the difference between ERP and software? ›

The differences between ERP vs. accounting software. The key difference between these two systems is that an ERP system covers many aspects of company operations, while accounting software focuses solely on financial management. As a result, accounting software tends to be less expensive than ERP software.

What is the difference between ERP system and management information system? ›

While MIS systems primarily focus on managing information and supporting decision-making processes, ERP systems have a broader organizational impact. They integrate and manage multiple business functions across the entire educational organization, promoting cross-functional visibility and coordination.

What is the difference between enterprise information systems and enterprise resource planning? ›

EIS may include ERP as a component but extends beyond it to encompass data analytics, business intelligence, and decision support systems. Essentially, while ERP manages operational processes, EIS addresses the broader information needs of the organization.

What does FSM software do? ›

Field service management software helps businesses manage all the resources involved in field service management activities. It can help managers and technicians process job orders, automate scheduling and dispatch, keep track of service and repair tasks, manage customer service contracts, collect payment and more.

What is FSM used for? ›

In computer science, finite-state machines are widely used in modeling of application behavior (control theory), design of hardware digital systems, software engineering, compilers, network protocols, and computational linguistics.

What is ERP software in simple words? ›

Enterprise resource planning (ERP) is a software system that helps you run your entire business, supporting automation and processes in finance, human resources, manufacturing, supply chain, services, procurement, and more.

What are the 3 common types of ERP? ›

The three most common types of ERP are on-premises, cloud-based, and hybrid ERP. An on-premises ERP system is run on-location on a company's servers, while cloud-based ERP operates on a third-party, remote server.

What are the 4 major categories of enterprise information systems? ›

Enterprise systems, supply chain management systems, customer relationship management systems, and knowledge management systems are the four primary divisions of enterprise applications.

What are the two types of enterprise systems? ›

The 3 Types of Enterprise Systems
  • Customer Relationship Management. Customer relationship management (CRM) is a software that helps organizations present a consistent message about customer insights by gathering the latest information about a lead. ...
  • Enterprise Resource Planning. ...
  • Supply Chain Management Systems.

Which are the three types of ERP? ›

The three most common types of ERP are on-premises, cloud-based, and hybrid ERP. An on-premises ERP system is run on-location on a company's servers, while cloud-based ERP operates on a third-party, remote server.

What are the two types of FSM? ›

The FSM can be of two types: Moore (where the output of the state machine is purely dependent on the state variables) and Mealy (where the output can depend on the current state variable values and the input values). The general structure of an FSM is shown in Figure 6.7.

What are the two types of ERP? ›

Different types of ERP (Enterprise Resource Planning) systems include:
  • Cloud-based ERP Systems: Accessible via the Internet, offering cost savings and increased accessibility.
  • On-Premises ERP Systems: Installed on a company's servers and managed by its IT staff.
Feb 27, 2024

What does ERP stand for in aircraft? ›

In aviation, ERP stands for Enterprise Resource Planning. ERP systems organize your internal processes for various parts of your business, like inventory management, supply chain, sales, accounting, and more. ERP systems are essentially a "system of record" for your business data.

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