AssetPrax – Asset Management Best-Practice Software

Asset Management Best-Practice Software

Smarter Planning, Stronger Assurance — Turn fragmented planning into a repeatable, defensible investment system

AssetPrax helps asset-intensive organisations improve asset management maturity, strengthen evidence traceability, and move from strategy to funded programs of work with greater confidence.

200+
Documented best-practice asset management Business Value Chains (BVC’s)
ISO55001 Compliance
Aligned best-practice framework against ISO55001, GFMAM and AM College
Line of Sight
faster compliance and AM maturity uplift
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Used across asset-intensive industries

WATER UTILITIES COUNCILS INFRASTRUCTURE TRANSPORT ENERGY AND MINING NETWORKS RAIL SERVICES

Everything your team needs,
structured from day one

One place to navigate BVCs, run maturity assessments, surface AI insights, and report progress — all aligned to ISO 55000. For many utilities and councils, planning is still spreadsheet-driven, slow to iterate, hard to defend, and difficult to trace from strategy through to an auditable investment program. AssetPrax changes that by embedding best-practice planning workflows, automation and AI assistance, and a clear evidence trail into one practical platform.

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BVC Navigator

Structured activity maps with 200+ pre-built templates. Track completion across every Business Value Chain, domain by domain.

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Maturity Assessment

Score your organisation across five levels and six domains. Get a clear, defensible view of where you stand against ISO 55000.

AI Strategic Insights

Real-time gap detection and compliance alerts surfaced automatically — so your team acts before issues escalate.

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Vision Alignment

Every BVC activity links directly to organisational objectives. See how your work connects to strategic outcomes.

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Knowledge Base

Curated best-practice guidance and templates mapped to your specific activities and asset management domains.

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Reports

Executive-ready compliance and progress reports. Drill down to domain and activity level for the detail that matters.

See what your team works with every day

From BVC tracking to maturity scoring — here’s how AssetPrax looks in practice.

Track every BVC in one view

The BVC Progress dashboard gives your team a live snapshot of completion across all active BVCs. See Vision Alignment, State Assessment, and Strategic Intent at a glance — and catch gaps before they become compliance issues.

  • 12 of 24 active BVCs tracked in real time with automatic completion calculation
  • Three dimensions per BVC: Vision Alignment, State Assessment, Strategic Intent
  • Gap alerts appear immediately — like the System Modeling requirement #402 flag
BVC Progress SummaryOverall completion of BVCs
50%COMPLETED
12 / 24
Active BVCs
VISION ALIGNMENT80%
STATE ASSESSMENT54%
STRATEGIC INTENT18%
Strategic Insight Critical

System Modeling requires immediate review for BVC 1 & 2 to maintain compliance milestones.

Gap detected in requirement #402

Know exactly where your organisation stands

AssetPrax scores your organisation across five maturity levels and six domains — all aligned to ISO 55000. Get a defensible, data-driven view of capability with a clear path forward.

  • Five-level framework: Initial → Developing → Defined → Managed → Optimising
  • Scored across Leadership, Risk, Lifecycle, Performance, and Continuous Improvement
  • Score delta visible after every re-assessment — track real progress over time
Maturity AssessmentISO 55000
3.1 / 5.0
Overall Maturity Score
↑ +0.4 since last assessment
Leadership & Culture
3.6
Planning & Strategy
4.0
Risk Management
3.0
Lifecycle Management
2.2
Performance Review
3.4
Continuous Improvement
2.6

AI that catches gaps before your audit does

Ask AssetPrax AI analyses BVC data continuously. It surfaces compliance risks, pinpoints requirement gaps, and recommends next actions — saving your team hours of manual review.

  • Critical and warning flags per BVC — no manual review needed
  • Pinpoints the exact requirement causing the gap, e.g. System Modeling req. #402
  • Recommendations link directly to relevant knowledge base articles
Ask AssetPrax AILive
Your Interpret Stakeholder Requirements BVC is 83% complete. However, System Modeling needs immediate attention for BVC 1 & 2 to maintain compliance milestones.
SYSTEM MODELING Critical
Gap detected in requirement #402 — 2 activities incomplete. Complete State Assessment activities before next milestone review.
BVC 1 — Stakeholder Req.
83% complete
BVC 2 — System Modeling
37% ⚠ review

Every activity mapped by domain

The Domain Map gives stakeholders a bird’s-eye view of every BVC activity, organised by domain. Instantly see which activities are on track and where resources should be focused.

  • Activities grouped by domain for clear ownership and accountability
  • Colour-coded status: complete, in progress, and critical
  • Drill down from domain to individual BVC activity in one click
Domain Map SummaryBVC 1 — Interpret Stakeholder Requirements
Complete
Stakeholder Identification
Vision Alignment
In Progress
System Capability Modeling
State Assessment
Complete
Requirements Analysis
Vision Alignment
Not Complete
Strategic Intent Mapping
Strategic Intent
In Progress
Lifecycle Planning
State Assessment
In Progress
Compliance Review
Strategic Intent
Complete In Progress Critical

Talk to our team

Whether you’re exploring AssetPrax for the first time, preparing for ISO 55001 certification, or managing a large asset portfolio — we’d love to help. Built for asset-intensive organisations. Serving communities.

We generally respond within two business days.