Strategic asset management is long-term planning & approach for maintenance and operations in which a long-term plan is made. Most importantly, maintenance helps in making the asset more reliable. Furthermore, it decreases maintenance costs as well. Proactive maintenance is a very critical part of maintenance for your strategic asset management success. Ghost assets can affect your business badly in several ways. All of this is not possible with effective asset management software, if you want to grow your business then this software is essential.