Every Maintenance Manager knows the feeling of the "Budget Meeting."
The CFO ("Paula") asks: "Why did we spend €50,000 on the packaging line this month?"
And the Maintenance Manager ("Mike") has to dig through invoices and spreadsheets to find the answer.
This is "Rear-View Mirror" management. You are analyzing costs after the money is gone.
To run a profitable factory, you need Maintenance Cost Tracking Software that gives you the "Total Cost of Ownership" (TCO) for every asset as it happens.
You need to track:
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Direct Costs: Spare parts and contractor invoices.
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Labor Costs: Technician hours (Overtime vs. Regular).
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Consequential Costs: The value of lost production (OEE) while the machine was down.
Here are the 6 Best Software Tools for tracking maintenance costs in 2025.
1. Fabrico: The "Total Cost" Solution
Best For: Manufacturers who want to see Maintenance Spend + Production Loss in one number.
Fabrico is unique because it integrates OEE (Production) with CMMS (Maintenance). This allows it to calculate the true cost of a breakdown.
Why Finance Leaders Choose Fabrico:
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Real-Time TCO: When a motor fails, Fabrico calculates: (Part Cost €500) + (2 Hours Labor €100) + (2 Hours Downtime €5,000) = €5,600. Most systems only show you the €600. Fabrico shows you the full impact.
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Budget Thresholds: You can set budgets per production line. If "Line 1" consumes 80% of its monthly maintenance budget by the 15th, Fabrico sends an alert to the manager.
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Spare Parts Valuation: Fabrico tracks inventory value dynamically (LIFO/FIFO/Average Cost). It pushes consumption data to your ERP (SAP/Microsoft) instantly, keeping the General Ledger accurate.
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Contractor Tracking: You can log external contractor hours and rates directly into the Work Order, ensuring you capture the "hidden" labor costs often missed in payroll.
The Verdict: If you want to know exactly how much profit each machine is eating, Fabrico is the integrated choice.

2. SAP PM (Plant Maintenance)
Best For: Corporate Finance teams.
SAP PM is the gold standard for financial integration.
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Pros: The data lives in the ERP. There is no sync delay. Purchase Orders, Invoices, and Asset Depreciation are all handled in one massive system.
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Cons: It is a financial tool, not an operational tool. It is great for "Invoice Tracking," but it often lacks the granularity of "Downtime Cost" (OEE Loss) unless you build complex custom reports.
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The Niche: Global Enterprises.
3. UpKeep
Best For: Tracking basic parts and labor.
UpKeep is excellent for straightforward budget tracking in less complex environments.
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Pros: Very easy to see "Parts Cost" vs. "Labor Cost" on a dashboard. It handles purchase orders well for small-to-mid-sized teams.
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Cons: It lacks the deep connection to production. It tells you what you spent to fix the machine, but it doesn't tell you what the machine cost you in lost output.
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The Niche: Facilities and Light Manufacturing.
4. Fiix (Rockwell Automation)
Best For: Asset lifecycle costing.
Fiix has strong reporting features for analyzing long-term asset costs.
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Pros: The "Fiix Foresight" analytics can help predict future spending based on historical trends. It helps with the "Repair vs. Replace" decision.
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Cons: As it moves up-market, the licensing cost is increasing. It requires accurate data entry from technicians to work effectively.
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The Niche: Data-driven Reliability Engineers.
5. Limble CMMS
Best For: Reducing administrative time.
Limble focuses on the "Cost of Management"—reducing the time Mike spends shuffling paper.
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Pros: It calculates "Labor Rates" automatically based on who is assigned to the job. It simplifies the Purchasing workflow.
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Cons: Like UpKeep, it is a maintenance island. It tracks the repair, not the business impact (OEE).
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The Niche: Agile maintenance teams.
6. MaintainX
Best For: Tracking Purchase Orders on mobile.
MaintainX makes purchasing easy for the technician on the floor.
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Pros: Technicians can create Purchase Requests directly from the app with photos. This captures "Maverick Spend" (buying parts on credit cards) that often goes untracked.
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Cons: The reporting is lighter than enterprise tools. It is better for "Cash Flow" tracking than deep "Asset Lifecycle" analysis.
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The Niche: Workflow efficiency.
Comparison Matrix: Invoice vs. Impact
| Feature |
Fabrico |
SAP PM |
UpKeep |
Fiix |
MaintainX |
| Direct Costs (Parts) |
✅ Native |
✅ Deep |
✅ Good |
✅ Good |
✅ Good |
| Lost Production Cost |
✅ Native |
❌ No |
❌ No |
⚠️ Add-on |
❌ No |
| Budget Alerts |
✅ Real-Time |
⚠️ Delayed |
✅ Yes |
✅ Yes |
⚠️ Basic |
| User Experience |
Modern |
Difficult |
Excellent |
Good |
Excellent |
| Deployment |
Fast |
Slow |
Fast |
Medium |
Fast |
Summary: Stop Counting Receipts, Start Managing Value
Tracking how much you spent on bolts is accounting.
Tracking how much downtime cost you is Management.
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Choose SAP if you need perfect General Ledger alignment.
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Choose UpKeep if you just want to track spare parts receipts.
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Choose Fabrico if you want to manage Profit. If you need to see the correlation between Maintenance Spend and Production Revenue in real-time, Fabrico is the only platform that puts the whole picture together.
Control your budget.
[Book a Demo with Fabrico] to see our Cost Analytics dashboard in action.