Need Impartial Advice on finding the best asset management software
020 3963 5379 Need Impartial Advice on finding the best asset management software
020 3963 5379 Easily shortlist & compare the best Facilities Management Software (CAFM) to streamline the management of your building and facility assets.
Whether you’re the owner of a corporate office building, a social housing site, a school, a hospital, or multiple real estate properties, keeping your facility in tip-top shape can be overwhelming. But, that’s where facilities management software can help.
With the right tools, you – as a facilities manager or landlord – are able to streamline your building’s maintenance, management and workplace processes. Resulting in maximised efficiency and improved workflow throughout the workplace.
By the end of this guide, you’ll be able to identify the gaps in your current facility activities and understand the need to implement an effective solution. You’ll then be able to dive into a marketplace full of vendors and software solutions to find the best Computer-aided facilities management software tool that matches your requirements. Here’s what you can expect:
What are your processes as a facilities manager or property owner?
Highlight the challenges you face in the upkeep of your buildings
How to shortlist and compare software to find the best facilities management tool
Deploying and integrating your new Facilities Management Software
Defined by the IFMA as the “practice of coordinating the physical workspace with the people and work of the organisation”, facilities management software is a tool used to organise and plan the management and maintenance tasks within a facility.
Referred to as Computer-aided Facilities Management (CAFM) or FM software, an effective tool will incorporate features that aim to improve the efficiency of your facility processes. Enabling you to deliver the best possible workplace experience for your occupants.
Some vendors may portray facilities management in the same light as a Computerised maintenance management system (CMMS). Or even an Integrated Workplace Management System (IWNS). But, it’s important to know, that FM software is so much more than that.
It offers the maintenance management of a CMMS and the workplace management of IWNS in one package. As well as delivering a variety of other valuable functions.
Typical features include maintenance planning, asset management, work order management and space management. With these features, you’re able to:
Manage and track assets as they move between buildings
Reduce unplanned downtime of essential workplace equipment through preventive maintenance
Reduce expensive reactive maintenance costs with effective planning and scheduling
Streamline work order processes such as repairs and maintenance
Ensure the health, safety and well-being of your building’s occupants
Integrate with systems such as Computer-aided Design (CAD) and Building Information Modelling (BIM)
Provide effective workplace management through workspace and move management tools
Facility management is a tool mostly used by enterprises and owners of multiple facilities. But, through affordable SaaS and cloud-based options, small and medium businesses (SMBs) are beginning to take advantage of FM solutions. Although, 40% of small businesses still track their assets manually.
Whether you’re a facility manager or property owner, your role is to ensure efficiency and safety throughout the premises. This is achievable through functions such as asset management, preventive maintenance and work order management.
But, keeping on top of your building’s endless processes can be challenging. Especially if you’re using time-consuming and error-prone methods such as pen-and-paper or spreadsheets. In fact, a whopping 44% of facilities in 2018 used paper to organise their property processes.
To understand how you can benefit from facilities management, you need to identify your current processes. A great way to do this is to question how you operate within the building. Such as:
Whether reactive or preventive, identify how you plan for building maintenance. This could include planning for mechanical, electrical or even structural maintenance. For example, how do you plan for the maintenance of your heating systems and lifts?
Supplying equipment doesn’t just mean making sure water coolers and kitchen kettles are available. It requires you to know the location of each piece of equipment as they’re moved between spaces and buildings.
Throughout the years, you may have collected data about your occupants and spaces within the property. This data could be an occupant’s name, length of residency, and any financial details. But, where do you store this data? Is it on a spreadsheet?
When organising facility processes, it’s important that you keep in touch with all levels of your team. Whether that be by email, phone call or two-way radio. This includes relaying information to maintenance personnel, technicians and occupants. In some cases, you’ll need to provide updates to the executive management team as well.
This includes being in contact with various facility management companies. Including cleaning, catering, waste management, security and maintenance teams. As well as collecting and managing data regarding each external contractor and their work orders.
You may be expected to scan and analyse the market for new trends that can enhance your processes. For example, a more recent trend is the use of drones and aerial imagery. Through this, you’re able to identify any required maintenance on roofs and exteriors of high-rise buildings.
Being responsible for tasks such as building maintenance, cleaning and asset procurement can take its toll. With so many processes to oversee, gaps may start to appear in your workflow.
For instance, the facilities’ manager of today is expected to manage aspects such as:
Health & safety
Finance
Environment
Energy usage
Work orders
Leases
Service charges
That’s not to mention critical activities such as maintenance and equipment management.
But, when problems do appear within your processes, it’s important to take note of each one. By doing so, you’ll be able to identify the exact features you need from a CAFM tool to help close these gaps.
When identifying gaps, it’s beneficial to separate them into two groups. These are hard facilities’ management services (Hard FM) and soft facilities’ management services (Soft FM).
Knowing the difference between your hard and soft facilities’ management services is crucial. Especially when it comes to identifying the functions you require from a software solution.
Keep in mind that the right CAFM tool should be able to deliver on improving both your hard and soft services.
Each service is unique to a property and can depend on the business type, building size and location. It’s also important to remember that most services, whether hard or soft, are required by law.
Hard FM services are physical parts of the property that cannot be removed for the sake of the safety and welfare of the building’s occupants. These include:
The maintenance of air conditioning units, heating systems, lifts, lighting, electrics and plumbing
The structural maintenance of the building and its grounds
Ensuring fire safety systems are regularly tested and in working condition
Responding to occupant requests and improvements
Implementing preventive maintenance to avoid costly downtime of essential equipment
As opposed to hard services, soft FM services impact the workplace and make the working environment more pleasant and secure for occupants. Soft services are a bit more comprehensive and complex when compared to hard services. These include:
Project management and having a clear line of work order dialogue between departments
Ensuring office spaces, common rooms, toilets and windows are clean
Calculating ROI values for workplace assets
Providing security throughout the premises in the form of CCTV and RFID entrance keys
Ensuring proper waste management and recycling practices
Providing an efficient catering service
Providing easy move management and workspace management
Top Tip: If you can’t pinpoint challenges within your workflow, it’s a good idea to seek external input. Don’t be afraid to ask your team or management if there is anything they can see that needs improving. You could contact other facility managers in your industry and ask what challenges they faced as well.
Having a solid understanding of what you require from a CAFM tool can benefit your decision in two ways:
You’re able to generate milestones and KPIs to measure the success of using an FM tool
You’re able to easily outline and communicate your expectations with the business’s decision-makers
Depending on your processes, the primary functions that you require from a CAFM tool will vary.
For example, your goal may be to decrease the cost of equipment downtime. In this case, you’ll want a facilities’ management solution that focuses on preventive maintenance. In fact, downtime can be so damaging that it can cost facilities somewhere between 5% and 20% of their productive capacity.
It’s important to note that all CAFM solutions you find will offer similar features and functions. But, some may focus on the aspect of one task more than another. Common features include:
Maintenance planning & management
Move management
Work order management
Asset management & tracking
Workspace management
Workplace safety & compliance
Environment and energy management
After mapping out your facility tasks and identifying the challenges you face, you’re able to highlight the specific features you need. For instance, you may require a tool to:
The improvement of workflow management can enhance the dialogue between maintenance personnel, teams and departments. As well as enabling processes to run smoother. You’re able to see what equipment is scheduled for maintenance and what maintenance is overdue or in progress.
With the right facilities’ management tool, you can track and record all of your facility and maintenance spendings. With this, you can produce reports to identify the resources that are having the biggest impact on your budget. Building expenses include energy bills, the cost of ground maintenance, and the outsourcing of personnel. For instance, in 2018 energy expenses averaged $0.06 per square foot (PSF) for industrial buildings. With ground and landscape maintenance expenses averaging $0.02 PSF.
The right CAFM tool lets you connect and sync tracking technologies to provide real-time data. Tracking technology includes IoT devices such as RFID tags, GPS trackers and Bluetooth receivers. With this, an FM system can collect real-time data such as energy usage and equipment failure. As of 2018, 47% of manufactures are placing a greater emphasis on the use of IoT devices in their properties.
Instead of collecting and storing data in spreadsheets, you may require an easier solution. A facilities’ management system will provide you with a central archive for all of your data.
As well as managing inventory levels in real-time, you can record each stage of the procurement journey to plan future budgets. An automated ordering system can also be built-in to the system to enhance the re-stocking process.
With facilities management software, you have the ability to track the life cycle of all building assets. This helps you to build effective preventive maintenance schedules. As well as letting you know when to repair or replace an asset to avoid extended periods of downtime.
Health and well-being are essential for increasing work quality in the workplace. By monitoring processes and collecting data, you’re able to understand the effect your management has on an occupant’s well-being. This includes air quality, temperature comfort, and lighting levels. As well as factors such as access to nature and having an outside view from an office.
Top Tip: To ensure a tool is best suited to you, separate your requirements into two lists; ‘I need’ and ‘I want’. Using this method allows you to prioritize certain aspects over others. For example, “I need the system to be cloud-based to access data on mobile devices”. Or, ” want to upload our company logo into the system”.
While most software for facilities management can look the same, there are variations that can make a significant difference.
For instance, you may come across one application that is focused more on providing mobile access for departments. Whereas another tool may put all of its attention into maintenance management, much like a CMMS.
The slight differences in a vendor’s product make it important for you to have an idea of what you require from your CAFM tool. Once you have these desirables in place, you’re in good shape to search the marketplace.
Here’re four steps we recommend taking while searching for the right vendor:
Have a definitive list of the features, requirements and KPIs
Shortlist at least five vendors that match your list of requirements
Screenshot, write down or print out the functions that each vendor can supply
Make a list of noteworthy points from each vendor such as free trials, training support and prices
At the end of this comparison and evaluation stage, you should be left with the ideal tool that is going to meet your requirements. While also improving the efficiency of your management and maintenance processes, and helping to achieve milestones.
Here’re a few points to keep in mind when it comes to comparing facilities management software vendors against one another:
Access to a vendor’s product, via a free trial or live demonstration, can make the difference between choosing vendor ‘A’ over vendor ‘B’. Usually, an online demo will be the first interaction you have with the product. It may also be accompanied by a salesperson who will walk you through the product, giving you a chance to ask any questions. This is then followed by a free trial, where you can test the product yourself and understand the system’s strengths and weaknesses in relation to your maintenance and management requirements.
Top Tip: If you can’t find a free trial on the vendor’s site, get in touch with them directly. Most providers are more than willing to give prospects in the purchasing stage access to their system. Be wary of vendors that refuse to offer a demo or free trial of their product.
Does it have a clear user interface that is easy to navigate for all facilities and maintenance personnel?
Are you able to identify the right maintenance and management features that you require when using the free trial?
Were you easily able to find and contact the vendor’s support team? If so, were you satisfied with their reply and response time?
Did they offer any training, video tutorials or web-based classes on how to use their product?
Have they had any prior experience providing software to other facility management businesses that are similar to yours, or in the same industry?
Do they meet the correct legal requirements to comply with GDPR law regarding occupant and other maintenance personnel data collection?
Can the product provide the right features to improve the workflow and communication of facility processes throughout the organisation?
Does it offer the right reporting and analysis tools to accurately track and help reduce ongoing facilities, maintenance and equipment costs?
Will it provide you with a notification-style system that alerts you when a maintenance work order has been started, completed, or is overdue?
Can the system migrate all of your occupant, equipment and maintenance data and store it all into one accessible centralised database repository?
Can it be aligned with an asset management tool that works with IoT-enabled devices, such as GPS trackers and smart heating systems, to provide real-time data in order to prolong the usability of equipment?
Is it a web-based/cloud-based solution that allows all maintenance personnel to access specific data from anywhere, at any time, via a mobile device?
Lastly, ask each vendor about the price of their product. You’ll want to know their pricing plans and if there are extra fees for storage limits or implementation. Knowing the price is crucial for understanding the ROI of the product in relation to your KPIs and milestones; “is it worth it?”.
Once you’ve found the best facilities management software solution for your property, then comes the fun part; deploying it. But, before this can happen, you’ll need to have all decision-makers and stakeholders on board. This is particularly important if you’re operating as a facilities manager for a landlord or building owner.
You’ll also have to consider the needs of the employees who are expected to use the tool, such as maintenance teams and outsourced cleaning personnel. Ask yourself:
Is the software easy-to-use?
Will employees need to be trained in the new system and how long will training take?
If training is required, will it be provided or are employees expected to study independently?
Should employees be familiar with hardware and equipment that is included with the system, such as barcode scanners?
Will there be specific functions for each department, such as scheduling cleaning and ground maintenance?
It’s then time to get approval from the decision-makers. Here’re some key points to keep in mind when making your case to an executive management team:
Refer to how this tool will aim to serve the company’s best interest
Include plenty of numbers and figures in your presentation, such as ROI calculations and KPIs
Detail how, and if, existing tools can be utilised and integrated with the product
Present a detailed plan and timescale for deployment and full integration
Highlight any risks that may appear during integration
When the time comes to develop a detailed deployment and integration plan for your new facilities management tool, there are a few things that need to be considered. Such as:
Once you’ve purchased the tool, you may have a rough idea of the time it takes to meet your goals. But, deploying the tool can be a lengthy process. So make sure to leave time for any challenges that you may face.
Don’t expect your CAFM tool to automatically and instantly improve your facility processes without the right training. This requires time and money, so be sure to factor this into your plan.
Consider the challenges when integrating the product with other tools such as email, calendars, data storage, and file-hosting. It may take even longer to integrate other applications as well, such as building information modelling (BIM) and computer-aided design (CAD) systems.
You may have collected a huge amount of data regarding building space, maintenance work orders, and occupants. This data will now need to be transferred into your new system, which can be a lengthy process. Whether you do it yourself, or your vendor offers help at an extra cost, you’ll need to consider the time it takes to complete this transition.
Top Tip: It’s important to remember that you shouldn’t expect to see results straight away. You may only start to reap the benefits of your facilities management software once you’ve put in the work. Make sure the system is working in every aspect and its features are set up to your every need. The more time and work you put into using the system, the quicker you can start achieving your goals.
Discover how the role and responsibilities of a Facilities Manager (FM) can help drive workplace productivity and increase efficiency within your property.
Learn how school facilities management can enhance teaching environments, improve school culture and support pupil’s educational outcomes.
Learn the many advantages that facility management tools can offer SMBs & small businesses and why FM software isn’t just for enterprises.
Discover how a CAFM system coupled with preventive maintenance can help reduce the building maintenance costs that are impacting your bottom line.
See the 5 most effective ways to improving your building’s workspace management with the use of a Computer-Aided Facilities Management (CAFM) solution.
Discover the importance of a work order management system and how it can increase efficiency around the premises and streamline your facilities processes.
Discover why enterprises, small businesses and other organisations choose to use facilities management systems to enhance their operations.
Find out how effective facility management in real estate and property businesses can benefit your overall property asset management.
Learn the difference between Hard and Soft Facilities Management services & how to manage each one with facilities management software.
Read our complete guide on property asset management and discover why the maintenance and upkeep of your buildings and facilities is crucial.
Computer-aided Facilities Management Software (CAFM Software), also referred to as FM software, enables facility managers and landlords to effectively manage their building maintenance from one centralised system. A typical FM solution will provide the tools necessary to reduce property costs and improve efficiency throughout the built environment. With CAFM software, you’re able to:
Track and manage building assets
Store and sort occupant data
Build preventative maintenance schedules
Monitor spare parts inventory
Organise and store outsourcing personnel data
Digitalise payments and invoices
Choosing the best CAFM software is subjective and depends on what features you require from a facility management tool. It’s also important to remember that what may be the best CAFM system for one organisation, may not be the best choice for your facility processes. Factors to consider when finding the best CAFM software for your building include:
Size of the property
Maintenance requirements
Spending budget
Outsourced tasks
Stakeholder input
Workplace personnel (cleaners, electricians, plumbers, technicians, etc.)
Although there are similarities between Computer-aided Facilities Management software and a Computerised Maintenance Management System (CMMS), there are also critical differences between the two when deploying them in the facility management industry.
A CAFM system is implemented to assist facility managers with automating various facility management tasks. This includes:
Perform cost control audits
Manage and organise a real-time asset register
Hire contractors
Outsource facility processes
Track the status of work orders
Collect and digitalise occupant data
A CMMS, on the other hand, has a more narrow focus on providing tools for the management of maintenance within a building. Tools include:
Work order management
Build preventative maintenance schedules
Provide maintenance reports for technicians
Track machine and equipment matinee history
Whatever your industry, type or size, effective space management and planning is key for a successful facilities management solution. As a facilities manager, not only are you expected to utilise the space within your built environment, but you also need to manage each physical space’s inventory. Including tracking, maintaining and carrying out maintenance when necessary.
Space management and planning should be a vital part of your facilities management software. It will allow you to attract and retain occupants, improve space efficiency, reduce vacant space, and save on operational costs.
Traditionally, there are three main components of space management planning. Of which, all three are most effectively achieved with a facilities management software tool. These are:
By recording space management data, with the help of IoT devices such as energy trackers, you’re able to have an overview of how space is utilised in each property. Two main sources of essential data are the usage of space and the operational costs for each physical space.
By implementing a facility system that incorporates the usage of real-time data, you’re able to record accurate data of each of your physical spaces as it happens. This allows for quicker and more efficient move management, as well as accurate tracking to enhance space utilisation.
Most crucially, through the real-time and space management data your system has collected, you’re then able to efficiently utilise the space within your facility. Not only does this aim to reduce your operational costs, but by choosing to utilise the space you already have, it can also help to reduce the need for further capital investment.
An essential aim for the successful management of a facility is to ensure that businesses are creating a safe and comfortable environment for their occupants. This is achieved through effective property and building maintenance techniques.
With an effective building maintenance plan in place, businesses can:
Improve the safety of occupants
Save money on urgent repair and replacement costs
Reduce energy consumption
Extend equipment and infrastructure lifespan
Typical building maintenance processes range from conducting M&E surveys and cleaning bathrooms to waste management and landscaping. Whether deploying a facilities management tool for offices, hospitals, universities, or residential properties, the building maintenance tasks remain the same.
To succeed with a building maintenance plan, it’s important that businesses have access to the necessary tools and features. Most of which can be found in modern cloud-based facilities management solutions, including:
Planned preventive maintenance (PPM)
Asset management
Energy performance analysis
Safety protocols
Work order management
Space management
The implementation of a facilities management tool can benefit a number of different industries, particularly the hospitality and real taste market sector. Whether you’re looking to prolong equipment usage through better asset management, utilise your space management and planning, or improve building and ground maintenance; CAFM can be an effective tool.
For example, here’re four sectors (schools, healthcare, parks and recreation, and churches) that can benefit from the use of a facilities management platform:
Being budget conscious and having to meet the continuous demands of Ofsted, schools will benefit from using some form of a facilities management tool. Not only can a facilities solution maintain and manage the upkeep of school properties, but also the ground too. It’s a great way to identify minor concerns that can be rectified as well before they escalate into costly repairs and sufficient downtime of essential equipment. Other benefits include:
Adhering to building safety compliances and fire safety regulations and practices
Keeping external and internal buildings and grounds clean with outsourced cleaning services (either supplied by the school, district, or MAT)
Providing maintenance for heating, ventilation and air conditioning systems
Planning for maintenance outside of school hours to avoid disruption to staff and students
Providing useful and accurate reports to help with planning and budgeting for future maintenance expenditures
The role of a facilities manager and their team within the healthcare industry is to keep non-clinical services running smoothly in order to help staff focus on delivering exceptional patient care. As well as ensuring hospitals meet standard requirements, a large part of facilities management in healthcare is cleaning. This is either from an outsourced group or a dedicated team of cleaning staff. Other important areas of facilities management in healthcare include:
Infection prevention through sterilised cleaning
Catering
Building maintenance
Security
Reception hosting
Car park management
Laundry management
Waste management (including chemical and medical waste)
Typically employed by councils and private investors in the UK, facility management tools are essentially required to provide ongoing maintenance to meet health and safety regulations. This provides facility managers to conduct maintenance plans, produce cost estimates, and maintain natural resources. All in a bid to enhance the lives of residents in the town, city, or community. Indoor and outdoor parks and recreation facilities can include:
Recreation areas
Sports fields and courts
Playgrounds
Dog parks
Communal swimming pools
Parking grounds
Local restrooms
Amphitheatres
In churches and other religious facilities, keeping maintenance costs to a minimum is vital. It’s also important to keep in mind that any management, maintenance or facilities team will be volunteers who are looking to give back to the ministry. There are a number of reasons why churches would need a facility management tool, including:
Effective cleaning volunteers to prepare churches for events such as weddings and Sunday service
Team and project management to align volunteers with the correct jobs
All-year-round landscape and ground maintenance
Although a facilities management software solution may seem more inclined to enterprises and larger companies, implementing CAFM in a small business should not be overlooked. It may seem like an unnecessary expenditure at first, but it can help save your business money in the long term. Some crucial benefits include:
Whether you’re a small business of under 20 employees or under 5 employees, there’s a lot of work that needs to go into effectively managing and maintaining facilities. And, most of the time, all of these responsibilities fall to one or two people. But, with a CAFM tool, managers are able to delegate duties to other staff or outsourced teams. This produces an organised structure within the workplace and promotes a more coordinated effort to help the business grow.
Some facilities management solutions are coupled with an asset management tool, which is valuable for keeping business-critical assets working at an optimal level and avoiding unplanned downtime.
As most small businesses employ only a handful of staff, the need to outsource certain maintenance and management tasks is unavoidable. This can include anything from cleaning services and building maintenance, to waste management and catering. By having a facilities management tool, you’re able to store all data regarding tasks that have been outsourced. These include outsourced personnel details, maintenance schedules, and support channels.
Top Tip: As you begin your search for a facilities management tool, look out for specific cloud-based or web based Software-as-a-Service pricing plans. These usually consist of monthly payments and are favourable for a small business with a minimal budget and with room to scale.
When using a cloud-based or web based facilities management solution, you’re able to access all facility data via a mobile device. This could be your smartphone, tablet, laptop or other specific hardware. The ability to do so grants you and other teams members access to data when on the move and in the field. This is particularly handy if you need instant access to the system but are not within a distance of your work desktop.
With a mobile solution, you can access data such as maintenance schedules, contact numbers of outsourced personnel, space utilisation, and energy-use statistics. Effectively giving you the ability to analyse information and make decisions straight from your pocket.
As well as being accessible from anywhere with a service signal, cloud-based facility solutions can have many other benefits, too. Including:
As not all staff and personnel need access to the same data, cloud-based mobile solutions allow you to set what is accessible and what isn’t. For example, maintenance workers may need access to the building’s floor plans but not the financial documents that are intended for your accountant.
With an on-premise system, the possibility of a server crash or natural disasters such as flood or fire can severely damage your data. But, with a cloud-based option, your data is routinely backed-up in real-time. This means when a technical issue does occur you have peace of mind knowing that your data is safe and accessible on all devices.
The great thing about a cloud-based system is that it is accessible all the time. By being always-on, it means data is cached and updated immediately. For example, if you make a change to a specific file but accidentally close the application, that change will be automatically saved and you can pick up where you left off.
By choosing to outsource facilities management processes (outsourced FM), you’re transferring the decision-making to third-party outsiders. When outsourced effectively, this can lead to better efficiency around the workplace and a general improvement of skills within the organisation.
Historically, facility processes have been kept in-house with many businesses choosing to hire their own staff for specific jobs. But, as technology has improved, the ease and efficiency of outsourced FM has become a beneficial option. Especially with the use of a computer-aided facilities management software (CAFM).
Outsourcing FM processes with a CAFM can benefit businesses in a number of different ways. Including:
Taking staff training and operating costs into consideration, in-house facility management can be an expensive outgoing. Although outsourcing would require payments, these would be considerably lower in comparison.
Particular facility management processes are only required on a seasonal or cyclical basis, such as building and ground maintenance. So, instead of hiring staff and keeping them around just-in-case, processes such a these can be outsourced.
Outsourcing your processes and jobs to an experienced facilities management service provider will guarantee that the job gets done as intended. This experience proves crucial to making sure only the best maintenance staff and engineers are kept on the premises.
As technology and tools continue to develop, the functional gaps between asset management and facilities management software have narrowed. But, though similar in a few aspects, there are still many differences that set the two apart when it comes to day-to-day operations.
The main function of an asset management system is to track, measure and analyse the complete value that is provided by all assets throughout the company – both tangible and intangible. The typical functions of an asset manager, include:
Maximising ROI of assets
Improving maintenance efficiency
Tracking asset lifecycle from acquisition to disposal
To achieve profitability objectives by minimising expenditure
Although a focus on assets in crucial for a facility manager, their priority is to improve productivity and efficiency within the workplace. While also handling workplace needs and demands. Typical functions of a facility manager, include:
Optimising the work environment
To utilise all assets that support the business’s operations
Focusing on end-user needs throughout the workplace
To effectively manage corporate social responsibility initiatives
Most facility managers will have experienced and dealt with the relocation of occupants within the workplace; also knows as churn. But, without the use of an effective computer-aided facilities management tool, many FMs are unaware of their exact churn rate and the expenses that come with it.
A building’s churn rate is presented as a percentage to indicate the total amount of employees or occupants that have been moved workspace. For example, if 300 occupants move workstations in an office building that has a total of 1000 people, that building’s churn rate is 30%.
Although businesses may strive for a lower churn rate resulting in fewer bottom-line expenses, there can be some benefits to having a higher churn rate. One advantage is being able to implement the latest workspace trends, such as effective move management through hot-desking.
Currently, the median churn rate for Corporate America organisations is 45%. But some facilities tend to experience percentage rates much higher than this, such as 100% to 200%. On the other hand, there are many facilities that experience low churn rates. Although this may seem ideal, it usually means there are moves taking place that aren’t tracked or FMs aren’t aware of.
Depending on your focus as either a dynamic workplace setting or a more stable business with long-term goals, poor management of your facility’s churn rate can be costly. For instance:
You’re unaware if you have a high or low churn rate percentage
You are damaging your chances of implementing positive and progressive changes in the workplace
You’re unaware of the huge expenses associated with occupants moving from one location to another
Whether an employee has relocated due to a companywide restructuring or because of business downsizing, the costs incurred can be huge.
These types of costs can also depend on the different elements and types of churn. For example, box moves (occupants moving to existing workstations in the facility) average a cost of $160 per move. Whereas furniture moves (reconfiguration of existing furniture or the addition of new fixings) average a cost of $729 per move.
One ‘soft cost’ that can damage a business’s bottom-line as a result of churn is downtime. This occurs when an employee has relocated in the premises but is without the necessary tools to continues working. Such as waiting for the right data and network cabling to be operational.
As well as ‘soft costs’, the relocating process will incur expensive ‘hard costs’. Such as:
Labour rates
Extra materials needed
Wall constructions
Technician support for cabling
A computer-aided facilities management tool is packed full of features and functionality to help FMs and executives gain a greater understanding regarding their expenses. This includes identifying how much re-locating employees is costing and understanding the business’s total churn rate percentage.
With the right FM solution, you’ll be able to:
Gain a holistic view of all spaces and amenities such as workstations and data cabling outputs
Manage and track assets to reduce wait time and easily locate equipment or furniture as they move between workstations
Schedule and plan for moves in the building
Outsource maintenance tasks to reliable technicians
Increase efficiency of move management and space planning through applications such as CAD and BIM
Moden CAFM software offers many benefits to an FM manager, including allowing the integration of multiple third-party applications. These can be email programs, data storage, fleet management tools, Building Information Modeling (BIM) services and Computer-aided Design (CAD) applications.
Having the option to use third-party tools with a newly installed FM solution can be beneficial in a number of ways, including:
Offering more tools for accurate data collection and analytics
Saving costs by not disregarding previous tool purchases
Being able to keep using tools that are already familiar with employees
Keeping a familiar workflow of orders and processes
Two applications that are beneficial to an FM manager are CAD and BIM services. These tools are used frequently throughout the facilities industry and provide greater efficiency for data and maintenance management when used with a CAFM solution.
Computer-aided Design and 3D modelling tools are used to assist architects and other professionals in the design of buildings and space. These applications provide a variety of imagery and simulations, allowing a large amount of a building’s technical data to be stored.
As well as architects, a CAD system can be a useful tool for an FM manager as well. With access, they’re able to:
View premises layout plans
Produce scenario modelling
See blueprints for occupation designs
Track cabling control
View floor plans
See building and property information for better maintenance control
Contrary to popular belief, knowledge of CAD or other 3D modelling tools isn’t required in order to use BIM. Now a mandatory requirement for public sector projects, Business Information Modelling is a process of using computer models to help design, construct and maintain a building.
By integrating a BIM system with your CAFM tool, FM managers are able to reap benefits such as:
Reducing costs at the delivery and operational stages of a building
Improving efficiency in communications and work orders throughout departments
Accessing asset profiles for each modelling object to gain greater maintenance insight
Gain awareness of asset and equipment location
Improve the health and safety of occupants with predicted scenarios
Being involved in the early stages of space planning