Accruent Launches AssetConnect

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Accruent Launches AssetConnect

Linking capital planning and maintenance management and aligns facilities capital and operational planning to improve ROI

AUSTIN, TEXAS – September 30, 2015Accruent, the leader in real estate and facilities management solutions, today announced the launch of AssetConnect. AssetConnect is designed to bring the strategic and operational sides of managing facilities together, allowing greater visibility to make better informed investment decisions. The solution seamlessly integrates Accruent’s purpose-built computerized maintenance management systems (CMMS) and its industry-leading capital planning solution, VFA Facility.  

“AssetConnect brings to life the vision of integrating capital planning and maintenance management beyond anything that is available in the market,” said Bill Olsen, vice president of engineering, Accruent. “What we’re announcing today further extends the value of our acquisition of VFA. It’s just the first of many solutions to come that leverage the synergies between our products and services.”

Organizations today are faced with a significant disconnect between how capital planning and facilities management departments invest in facilities. Accruent research has shown that many organizations see more than 5 percent of their annual capital budgets being invested in projects that don’t align with organizational objectives.

AssetConnect addresses this disconnect by enabling information to be shared between Accruent’s VFA Facility capital planning software and its cloud-based CMMS solutions, including FAMIS, 360Facility and TMS. It allows facilities managers and capital planners to more effectively collaborate in the maintenance and strategic planning of their facilities.

“Through a single, integrated solution, AssetConnect optimizes key components of the facilities management lifecycle,” Olsen said. “It unlocks the value stored in the different systems and streamlines the sharing of information, resulting in better communication and decision-making.”

About Accruent

Accruent helps real estate and facilities leaders deliver long-term, world-class operational and financial performance through industry-specific suites that deliver greater customer value. Accruent’s solutions are at work in more than 4,400 leading organizations worldwide, including 40 percent of the top 100 retailers, 20 percent of the Fortune 500, 40 percent of the leading universities, all of the top 4 U.S. wireless carriers, 40 percent of U.S. hospitals, and leading service providers managing more than 4 billion square feet of property. Founded in 1995, Accruent is headquartered in Austin with U.S. offices in Santa Monica, Evanston, Columbus, Pittsburgh and Boston. Outside of the U.S., Accruent has offices in Vancouver, BC; Burnaby, BC; Calgary, AB; Vaughan, ON; Reading, UK and Hong Kong. For more information, visit www.accruent.com.

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