Austin, June 27, 2023 - Accruent, a leading provider of workplace and asset management solutions, announced today that it has expanded its cross-portfolio offerings to include ServiceChannel solutions. This strategic partnership by Accruent and ServiceChannel, both Fortive Corporation ("Fortive") (NYSE: FTV) companies, gives organizations a powerful solution to automate important processes around commercial real estate construction, leases, facilities, and assets.
This partnership represents a significant milestone in Accruent's ongoing commitment to developing innovative industry-focused cloud solutions. By combining ServiceChannel's cutting-edge SaaS platform with Accruent's comprehensive capabilities, multi-site retail customers can now unlock unparalleled efficiency and performance in their facilities. This enables businesses to effectively manage maintenance and repairs, which make up over 70% of total facilities expenses, leading to enhanced cost management and operational effectiveness.