By Lora Mays, Product Marketing Manager at Accruent, LLC 

According to Gartner, managing the facilities life cycle is second only to people as the largest expense item in enterprises. With facilities and asset management consuming the bulk of their non-payroll expenses, it's no surprise that organizations typically view facilities management solely as a cost center. But, facilities management teams still can play a more strategic role in the success of any business.

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Tags: facilities management, facilities life cycle, asset management software solution, work order management system, facilities preventative maintenance