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All Glossary Terms

Financial Reliability

Maintenance definition:

Financial Reliability refers to the accuracy, consistency, and trustworthiness of financial reporting and accounting practices within an organization. It ensures that financial statements and records accurately reflect the company's financial status, supporting informed decision-making and compliance with regulations. In maintenance management, financial reliability includes accurate cost tracking, budgeting, and financial planning for maintenance activities.

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AssetWatch customers save on average 8x in ROI. That means for every $1 you give us, we give $8 back to you.

Includes professional installation of up to 200 sensors (a $10k+ value)

24/7 monitoring and a dedicated CME for your site

AssetWatch cloud-based software with unlimited licenses

No CapEx, Engineering or IT integration required