Managing budgets efficiently is crucial for the success of any organization, especially when dealing with Computerized Maintenance Management Systems (CMMS) and various capital projects for offices, buildings and properties. Here’s how you can use a property management system like ours to help you to streamline your budgeting process for both annual repairs and maintenance, as well as planned capital expenditures. Annual Budgeting for Repair and Maintenance Start by creating annual budgets for each property, region, or division, categorized by trade or account code. This allows for the allocation of funds and better financial management. Annual Budgeting for Capital Projects Project…
Managing vendors bid processes can be a daunting task, but with the right tools, it becomes a seamless and efficient experience. Spacewell/Axxerion’s advanced bid package features are designed to optimize and simplify the way you handle vendor relationships and project bids, ensuring that you get the best value and quality for your projects and CMMS activities. Here’s a breakdown of the key features that make this possible. Organize and Search Vendors Efficiently With the ability to organize and search vendors by trades and markets, finding the right vendor for your specific needs has never been easier. This feature allows you…
In today’s complex operational landscape, numerous metrics play a pivotal role in optimizing maintenance and operational efficiency. CMMS (Computerized Maintenance Management System) stands as a backbone for organizing and managing maintenance tasks, helping companies streamline their processes and maintenance budget. AI (Artificial Intelligence) continues to revolutionize these systems by predicting failures and optimizing schedules, while tracking MTBF (Mean Time Between Failures), MTTR (Mean Time to Repair), and other KPI’s are critical metrics for measuring operational and equipment reliability and maintenance efficiency. Tracking KPI’s such as PMC (Preventive Maintenance Compliance), OEE (Overall Equipment Effectiveness), PMP (Planned Management Percentage), MTBF (Mean Time…
Client Profile Commercial Property Management and Investment Company Over 200 Properties Managing 350 Suites Overseeing Almost 300 Tenant Organizations Expertise in Both Bank and Non-Bank Properties Challenges: Our client, a prominent commercial property management and investment company, faced several challenges in efficiently managing their diverse portfolio. They needed a comprehensive solution to address the following needs: Property Manager Portals: Provide property managers with a dedicated portal to view and manage properties under their supervision, along with associated requests, work orders, inspections, and leases. Management and Back Office Oversight: Enable the management and back-office teams to gain a holistic view of…
In the fast-paced world of facility management, overseeing numerous properties across multiple regions demands a smart system for vendor selection and assignment. Relying solely on personal knowledge of vendors’ availability, capabilities, history and pricing can lead to significant challenges. These may include dependence on individuals who might leave the company or the sheer time and effort required to make each vendor assignment. Why leave these critical decisions to chance when automation can simplify your processes? Axxerion Workplace offers a powerful solution, allowing you to automate CMMS vendor selection, work order creation, and vendor engagement with minimal effort. Imagine a holding…