Real Estate and Facilities Lifecycle Management:
The Three Keys to Success: Visibility, Visibility, Visibility

The average organization spends 30% of their total spend on real estate and facilities lifecycle management. Yet, nearly 40% of enterprises report poor or no visibility into this significant category of spend and the processes that support it.

In this research paper, the Aberdeen Group describes how Best in Class facilities and real estate departments have gained alignment with enterprise strategies by centralizing the function, standardizing their processes, and utilizing solutions that enable enterprise-level visibility into spend and process.

The Results —

  • Greater cost savings – Aberdeen research shows that enterprises can achieve a 5% to 20% cost savings for each new dollar of spend brought under management.
  • Improved management efficiency
  • Enhanced ability to identify and track key performance metrics
  • More informed budgeting and capital planning decisions

 

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