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Facilities management except one of the most important departments in a business. Facility managers are responsible for overseeing all activities relating to a building's condition, and as a result, they have a direct impact on customer experiences. While the overarching facility management budget provides a quick view of facility management finances, it is not the whole picture. Facilities Managers need to understand the indicators of poor handling of facilities management finances, a few steps to improve visibility into such finances and why a facilities management partnership have a big impact on profitability.

Finding real-world savings in facilities management brings to mind many topics. Technology, efficiency, partnership with organizations like QSI Facilities, and other factors affect the spending profile of facilities management departments. With so many factors involved, Facilities Managers have implemented robust, standardized practices to ensure nothing is overlooked. Unfortunately, this rigidity creates some additional problems, and Facilities Managers need to understand why.

Although guests may not see certain parts of the facility, inspecting unseen areas are still integral steps in an effective preventative maintenance program.

Facilities maintenance costs can rapidly grow. In the field of modern facilities management, a simple HVAC system malfunction could result in thousands of additional costs, increasing the total cost of ownership and decreasing ability to handle other maintenance needs. This contributes to the backlog of maintenance needs, further increasing facilities maintenance costs. However, Facilities Managers can use data to reduce facilities maintenance costs in several ways through the power of modern technologies, including smart analytics and better work order tracking.

QSI Facilities, a provider of national facilities management services, is excited to announce the acquisition of Complete Facility Solutions, Inc. to bolster critical service offerings to current and future customers.

Facilities Managers need a viable solution to reducing spend, and real-time facility data holds the answer. Let’s take a look at how real-time data can be used to reduce costs and decrease total cost of ownership in your organization.

Facilities Managers have a mountain of responsibilities, and while new technologies have risen to streamline facilities management, many continue to overlook the potential value of benchmarking for facility costs. The best-laid plans for reducing facilities spend are only as strong as the comparison of savings among a company's peers. Facilities Managers need to understand the indispensable role of benchmarking for facilities costs avoidance and how the right facility metrics can help.

Deciding to implement a predictive maintenance program can be stressful, and Facilities Managers are likely to back away when presented with several issues that seem to permeate certain technology. Facilities Managers need to know the top predictive maintenance myths they will face, what reality says about them, and how to demistify these myths with a few best practices.

Facilities Managers are under increasing pressure to reduce costs and increase the cost-effectiveness of existing operations. Unfortunately, working within the confines of traditional systems make decision making processes difficult at best. However, modern facility management technology solutions are built on data, empowering Facilities Managers and reducing inaccuracies along the way. Facilities Managers need to know why modern systems are superior and how to use them to make the best decisions possible.

Modern facilities management is about offering a strategic and integrated approach to handling the needs of a given facility. Unfortunately, many organizations continue operating on a "run until it breaks" strategy, which will further cause additional costs as the company expands. According to the Federal Facilities Council, maintenance and repair spending is a normal part of any organization, but well-planned maintenance and repair can reduce TCO. Poor planning can lead to extra expenses and reduce the ability to handle company growing pains. Organizations expanding into new locations or leveraging new assets to create better guest experiences will struggle with ramping up facilities management activities, but integrated facilities management can help. Facilities Managers need to know what scalability exist, how integrated solutions enable scalability and how to leverage integration to reap the greatest benefits.