Enterprise Asset Management (EAM) solutions offer tremendous business benefits in their ability to help organizations drive maximum value out of their assets. This entails maintaining a level of reliability that will enhance company operations, decreasing downtime, optimizing and reducing inventory levels, taking advantage of the latest purchasing and accounting practices to minimize costs and processing time and other benefits designed to enhance operation. The EAM solution not only organizes maintenance-related activities and manages costs but also provides a valuable reporting tool that is used to answer queries and requirements from the various governing and regulatory institutions. Preventive and corrective maintenance actions can be easily retrieved to support compliance to the Clean Water Act, the various US Environmental Protection Agency standards and even GASB 34 requirements. This paper presents some major benefits to be derived through the use of an EAM solution. Plant management, regulatory organizations and key plant personnel will all have access to information which is presented in a more orderly and accurate manner. Some key features of EAM applications are also discussed to give the audience some benchmarks to measure against when shopping for the system that they will utilize.