By Lora Mays A company’s real estate and facilities portfolio serves as the second largest expense behind its people. Finding the right software solution to manage an organization’s facilities can provide a significant return on investment, helping facility management leaders improve efficiency and reduce costs. The most common solution in the market today is a computerized maintenance management system (CMMS). For organizations that are moving from a paper-based or manual system to a CMMS, finding the one that is the best fit can be challenging.
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.