Facilities Portfolio Management
Make sure your facility portfolio delivers strategic value
What Is Facility Portfolio Management?
Modern, cloud-based facility portfolio management software empowers better, smarter enterprise-wide facility management. For business executives and facility managers alike, it’s important to know what your facility portfolio looks like and how it is being used. Your facility portfolio is twofold: it includes managing both owned and leased real estate as well as all of your real estate assets including buildings, land, parking lots, decks, etc.
In the past, portfolios were either managed by manual reporting in spreadsheets (prone to human error), or using a desktop-based, departmental CAFM (computer-aided facility management) system, which didn’t connect across departments well. Enter the world of IWMS (integrated workplace management system,) an enterprise-wide alternative to intelligently managing your facilities.
What Is Facility Portfolio Management Software?
Facility portfolio management software delivers a user-friendly, digitally-accessible visualization of the usage and occupancy data on all of your current facilities including space, assets and people. With all of this information in one place, you can manage your owned and leased assets and plan for the future. This software system unlocks cost-saving and revenue-generating potential as you eliminate inefficiencies in your current processes or reveal opportunities to lease, sell, or consolidate under utilized facility and real-estate assets in your portfolio.
Read our ebook to learn more about the top 5 must-haves for asset software
Software Is Good for Business
Leverage technology to unlock cost savings and revenue streams
Make smarter financial decisions for your organization
Gain organization-wide portfolio management efficiency as you manage complex processes or diverse assets
Why does data make a difference?
Modern workspaces require accurate, real-time reporting to manage their facility and real-estate portfolio. Needs have become more complicated, particularly as organizations grow or acquire more assets. Whereas departments used to work in silos, it’s way more efficient to handle complex processes with up-to-date information shared across departments. Data and cloud-based, enterprise-wide systems enable the kind of transparency that gives business leaders the crucial information they need to make strategic company decisions.
Benefits of FM:Systems' Space Management Solution
Get up-to-date, accurate depictions of your current assets
From buildings to land, it’s crucial to know what you currently have and how it’s being used
Cut costs while generating revenue
See where you might be losing money due to inefficiencies like under-utilized space and maximize your lease management process to bring in money for your organization
Go confidently in the direction of future growth
If you’re thinking of expanding into new locations, scenario planning enables you to map out your future with clarity
Manage complex processes
Whether conducting a move or a renovation, manage the process from start to finish with ease
Key features of the right facility management software:
- Operates in a cloud-based, secure and enterprise-wide environment to give you the most accurate information in real time
- Offers dashboards to help you visualize data and map different scenarios
- Delivers one solution for space and facility management
- Integrates with AutoCAD drawings or Revit models
Case Study: Catholic Health Initiatives
CHI recognized the need to adopt a solution that would provide them with real-time visiblity and reporting across their entire portfolio of property, and make it easy to do. With FM:Interact, CHI estimates a cost savings of $10M in just one region, because they had easy access to real-time space occupancy data.
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Are you missing out on crucial cost-saving or income-generating space management practices? Would a large company move wreak havoc on your organization? We can help! Contact us to learn how FM:Systems can move your organization from chaos to crystal clear.