Depreciation tells you what an asset is worth on paper. Operational cost tells you what it costs to keep running. 4Site tracks both, and ties them to the same asset.
4Site accumulates operational cost by asset as work happens: labor, parts, and purchases consumed by each job. By project or by asset, the cost of keeping equipment in service is visible without pulling it from a general ledger line. 4Site also maintains a fixed-asset register that tracks depreciation alongside that operating cost, so the capital picture sits next to what the asset costs to run.
Every closed work order in 4Site carries its cost. Those costs roll to the asset and accumulate across jobs and project lines. The operations finance partner can see what each piece of equipment has cost to keep in service. Maintenance work orders carry labor, storeroom issues carry parts cost, and purchase receipts carry spend.
Accountability changes by record and by team. Start with the path closest to the work you have to defend.
Total operational cost accumulated from every closed work order.
Operational spend tracked across jobs assigned to a project or program.
The labor applied to each job, visible at the work order level and accumulated per asset.
The parts consumed on each job, at the work order level and accumulated per asset.
Purchasing spend from 4Site’s procurement cycle, landed on the job that required the buy.
Your financial system may carry the ledger. 4Site supports the operational cost record around it: labor, parts, and purchase cost tied to each asset and to the work that generated it. Add an AssetMaxx product as the work crosses teams.
Pick one piece of equipment whose maintenance spend your team cannot total in under five minutes and let 4Site show you how.
