This paper describes an approach to successfully aligning an organization’s facilities capital budget with its strategic business objectives. This process enables objective prioritization of competing needs in order to optimally allocate capital funds and deliver the greatest business value.
“Prior to 360Facility, our system only generated schedules and did not store any data entered onto the work order,” said Bobby Ball, PM Coordinator, Superior Graphite. “Tracking the individual asset history and costs were, at the time, unfeasible.”
A step-by-step process ensures better results, reliability.
By Lora Mays
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.