Ecotrak provides a mobile-first, web-based platform for facilities and asset management, enabling businesses to streamline service requests, vendor management, and work order approvals. The software delivers real-time visibility and actionable insights, resulting in an average 15% reduction in repair and maintenance costs and significant time savings on work orders.
Funding
$30M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
RCFounders
Product
Problem
Many businesses struggle with inefficient facilities and asset management processes, leading to increased repair and maintenance costs, wasted time, and a lack of real-time visibility into operations. Managing vendors, service requests, and work order approvals through manual methods like calls, emails, and spreadsheets can be cumbersome and error-prone.
Solution
Ecotrak offers a mobile-first, cloud-based platform designed to streamline facilities and asset management for businesses of all sizes. The software provides a centralized hub for managing service requests, vendor interactions, and work order approvals, fostering collaboration between finance, operations, and facilities teams. By providing real-time visibility and actionable insights, Ecotrak enables businesses to make data-driven decisions, optimize asset performance, and reduce repair and maintenance spend. The platform's user-friendly interface and automated workflows simplify operations, improve response times, and ensure that critical assets are properly maintained throughout their lifecycle.
Target Audience
Ecotrak is designed for businesses across various industries, including restaurants, healthcare, grocery and convenience stores, retail, automotive, and home repair, that manage multiple facilities and assets.
Features
- Mobile app for on-the-go service requests, vendor management, and work order approvals
- Centralized dashboard for overseeing all locations and assets in one place
- Automated work order workflows with real-time status updates and notifications
- Asset lifecycle management with detailed service history, warranties, and spend tracking
- Customizable reporting and analytics for spend analysis by location, equipment type, and manufacturer
- Vendor management tools for maintaining and communicating with service providers
- Cloud-based access for secure management of operations from any device
- Repair vs. replace scenarios to optimize equipment investment decisions