Facility management software:
The facility management services, when managed manually, face problems in streamlining the operations, monitoring sites, and ensuring customer satisfaction. Now the facilities management software has come to the rescue. Companies are now managing all their assets at different locations, tracking budgets, and scheduling maintenance more efficiently than ever before. Thanks to the flawless completion of service requests, the level of customer satisfaction has also improved. The facility managers can now effectively manage the operations by getting key performance indicator reports, escalation alerts, etc. Since the time the software came to use, not just the overall productivity of companies has increased, but also the bottom line has seen a shot up significantly.
Who can benefit from online property management software?
Not just large businesses, but also medium and small enterprises need a dedicated management system for smooth day-to-day functions and operations. The swiftly increasing digitalisation of the organisational working models is the main reason behind it.
What are the key benefits of Facilities Management Software?
A robust facilities management platform will help manage a range of tasks across all locations while also providing strategic insights into resource allocation and maintenance costs. The key benefits of this software include:
Facilities management software provides a single platform where a wide-ranging record of all locations and equipment, including all maintenance records and work history, can be stored. This, in turn, simplifies the tracking, management, and tagging, of mandatory inspections, equipment warranties, and planned maintenance.
Repair and Maintenance Management:
The chief responsibility of the facilities management team in any company is keeping the assets in optimal working condition. This includes proactive scheduling of any required maintenance or repairs. The best facility management software makes it easier to propose work orders on the go, track their status, and ensure completion.
Scheduled and Preventive Maintenance:
Preventive maintenance is crucial to keep repair and maintenance costs down. With facility management software, you can now easily schedule, validate, not-to-exceed pricing, and authorise all scheduled and preventive facilities maintenance events. This also includes mandatory inspections.
Facility Management Software and ROI:
Facility management software usually has a strong investment return, particularly for businesses that operate at multiple locations whose facility programs were previously running on pen-and-paper. In most cases, the savings brought about just by making the switch from manual invoicing to electronic payment processing is enough to counterbalance the cost of the software itself.
To calculate the potential ROI of facilities management software approximately, multiply the annual maintenance cost by the total yearly savings percentage you are expecting as a result of implementing the facility management software. The resulting value denotes your total annual savings. Now deduct the cost of the software from the total savings to find out the total annual return on investment savings.
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Article Added on Saturday, October 31, 2020
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