Real Estate Management
Get a bird's eye view of your entire lease portfolio
What is Real Estate 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 multiple facilities.
How can space management software help you become more efficient?
Real estate 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 real estate 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.
Learn how to further unlock cost savings in our blog: 5 Ways CFOs Can Turn Space Into Strategy
Software is Good for Business
Leverage technology to unlock cost savings and revenue streams
Free up time otherwise wasted on potentially inaccurate manual reporting
Gain organization-wide portfolio management efficiency as you manage complex processes or diverse assets
Key features of the right real estate management software:
- Centralize your entire lease portfolio
- Integrate with all your facilities and real estate processes
- Configurable workflows and notifications
- Easy-to-run live reports
Benefits of FM:Systems' Real Estate Property 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
Never Miss a Critical Date
Configurable workflows, notifications and forms enables you to create a lease administration process that means your entire real-estate team will stay informed and up to date on all lease critical dates such as renewals, rent increases, options etc.
Reporting and Analysis
Easily run live reports and do in-depth analysis on past, present and future information such as historical costs and portfolio trends
Why does data make a difference?
Modern workspaces require accurate, real-time reporting to manage properties 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.
Learn more about the business advantages of being on the cloud.
Case Study: Blue Cross Blue Shield of Massachusetts
Learn how BCBSMA uses our digital solutions to help them with complex relocations and space planning by enabling them to better analyze the efficiency of their existing conditions and make decisions based upon real-time feedback and analytics.