As a property owner and operator, you want to have a good handle on critical areas such as: Profit and loss for each property and the whole portfolio Occupancy and leases Proper reporting to your investors as applicable A lot of property managers deploy different point solutions to computerize the different aspect of their operations with a number of different programs. This includes stand-alone space management, lease management, financials and accounting as well as project management. There are also a lot of Excel files floating around for different purposes. While this approach helps in each of the automated area, these islands…
As a property manager/space planner you have perhaps experienced the need and importance of online floor plans for your day-to-day work. This capability has been available in some Integrated Workplace Management Systems (IWMS). However, there are issues with the traditional process of publishing drawings online in such systems. Overall, three groups of users would benefit from accessing the floor plans online. For property managers/space planners For employees For facility managers and service providers Every building starts with a set of drawings which are approved for construction by the planning organizations. When a construction is completed the final drawings are provides…
Let’s explain this through a couple of examples. First let’s imagine that we have a rooftop chiller which needs to be maintained on a yearly basis. It will also need an overhaul every 3 years and needs to be replaced in 20 years. For the yearly maintenance a company might want to establish a rigorous maintenance program where all the steps are planned and processes are defined for such maintenance . We call this “procedural” preventive maintenance. In the case of major overhaul and replacement, the company may depend on the expertise of an outside contractor to analyze, propose and…
Many companies use consultants for a variety of projects and tasks. Consultants may be teams from the larger consulting companies all the way to individuals working as single-person consultants. The consulting work may be done on the premises or off site at the consultants offices or a combination of the two approaches. While consultants play vital roles for many companies, traditionally they do pose their own set of unique issues and challenges for the finance, legal and human resources departments as explained below. Taking advantage of some of the new contract lifecycle management technologies would help alleviate many of these…
Many companies still operate without a Computerized Maintenance Management System (CMMS) and rely on emails for handling the service requests. When such a company deploys a CMMS, it is usually a big change for the users who need to abandon their email-based service requests and learn how to log on to a new system for submitting their service requests. Axxerion has an Integrated Workplace Management System (IWMS/CAFM) with extensive Maintenance Management capabilities. One area that I would like to highlight is the flexibility in handling service requests by accommodating different user approaches in submitting service requests and helping them start…
People and organizations working within different aspects of the Facilities Management industry, as well as developers of Facilities Management software, need to deal with many acronyms on a daily basis. As an integrated software for facilities management in multiple markets, the Axxerion team has dealt with its fair share of these acronyms. If you’re looking for a quick brush-up on your maintenance management lingo, below is a list of facilities management acronyms in the US market: MMS (Maintenance Management System) CMMS (Computerized maintenance management system) MRO (Maintenance, Repairs & Operations) CLM (contract lifecycle management) PM (Project Manager) PM (also Preventive…
Companies in the construction, manufacturing and research and development manage their projects using different tools and project management software with the goal of handling the multi-faceted nature of a typical project. A key element of a good project management software system is the management of the tasks, timelines and time reporting (timesheets). Time reporting is important for invoicing the clients appropriately, getting the project employees paid as well as ensuring compliance with the prevailing wage laws. Prevailing Wages based Time Tracking This is the most commonly used time tracking method. The tasks and milestones are defined and setup in a…