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Accruent for Energy

Industry Solution

Energy companies, including oil & gas and utilities must manage an array of location types, from refineries, to gas stations, branch offices, power plants and traditional office space. RPM represents a compelling business performance improvement opportunity for companies managing diverse real estate requirements.

How can energy companies benefit from RPM?

Manage a diverse real estate portfolio.

In order for your business to succeed, you need to be where your customers are. You need to able to quickly and accurately analyze if particular locations meet your business objectives and will provide competitive advantage. Accruent offers a holistic view of market opportunities and realities to enable smarter real estate planning and faster decision making in order to drive real estate portfolio optimization.

Improve location decision processes.

Comprehensive real estate portfolios, including corporate, retail, and service locations, present significant portfolio optimization challenges. You need a comprehensive solution that addresses your network and infrastructure requirements. Accruent’s Real Estate Performance Management solution provide you with a single integrated system that supports all relevant real estate related processes (strategic goal alignment, deal management, market planning, site selection, lease management, construction management and facility management) as well as an industry leading performance management features. These key solution components allow leadership teams to adjust their real estate portfolio in a predictive instead of reactive manner to changing marketing condition and satisfy diverse location requirements.

Improve bottom line results.

Occupancy costs are the fastest growing contributor to your operating expenses, not to mention the impact of maintenance costs. Without a holistic view of your real estate portfolio, it is difficult to understand your overall real estate cost drivers, negatively impacting your financial performance. Accruent’s solutions include business performance management features such as timely and actionable metrics, critical and exception based information and notifications, and the ability to drill down into more detailed data to conduct research and benchmarking. Accruent provides access to the necessary data to effectively analyze your portfolio, evaluate the outcomes and make changes and improvements that better support objectives.

RPM: A Primer

The real estate portfolio, representing millions of square feet or hundreds if not thousands or locations — and the second or third largest cost item on your income statement— has historically been overlooked and under-managed. Why?

Traditionally, real estate has been managed tactically and at a functional or division level. However, rapidly changing markets and the rising economic value and operating expense of locations and facilities mean that your real estate portfolio is too valuable and expensive to be viewed as anything less than a key lever of business performance.

An enterprise-level real estate performance management system provides you with the clarity and control needed to exercise due diligence over such a major component of corporate investment and expenditure. Real Estate Performance Management, or RPM, delivers a deeper and more robust view of performance resulting in dramatic improvements in financial performance.

Click here to learn more about the RPM Opportunity.