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Accruent for Service Companies

Industry Solution

Service organizations — such as educational services, temp agencies, real estate service companies, etc. — possess a hybrid portfolio of customer-facing locations as well traditional corporate office space. Service organizations can benefit significantly from the implementation of an RPM solution to manage this complex real estate requirement.

How can service companies benefit from RPM?

Manage rapid growth.

As the fastest growing sector of the economy, you are looking to expand your real estate portfolio. In order to effectively manage this growth and continue to meet your financial objectives, you need to ensure that your real estate strategy drives profitable growth. Accruent provides an enterprise solution that supports all real estate related processes and aligns your real estate strategy with your overall corporate strategy.

Target specialized customers.

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.

Control escalating costs.

Managing a large number of smaller scale locations presents it challenges and can increase the potential for inefficient management of occupancy cost. 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.