Software To Manage a Large Portfolio of Commercial Property

Faizan Ahmad
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As someone whose business involves managing a large portfolio of commercial property, no doubt you will be constantly on the lookout for ways of simplifying complex processes and increasing your accountability to clients and stakeholders.

So how would you like to:
• Cut operational costs
• Improve productivity
• Offer a superior customer service
• Introduce better reporting throughout your company
• Utilize space more efficiently
• Make smarter (evidence-based) decisions

Employing an integrated workplace management system (IWMS) or a computer-aided facilities management software system (CAFM) can help you do all of the above and so much more.

Property professionals like you will find this software an absolute boon because it offers the ability to integrate and streamline all the common elements of your business – which when taken individually – can prove exhaustively repetitive and time-consuming. And if you are typical of today’s high-intensity property management professionals, you currently have one too many demands on your time already!

One of the major responsibilities of managing any property portfolio successfully is legal compliance. With everything from checking tenants’ references, to managing rents and complying with health and safety legislation, keeping on top of your responsibilities is no mean feat, no matter how organized a person you consider yourself.

And then there’s your colleagues or employees . . . how organized are they?
When teams are reliant on paper-based notes and information retained in their heads it’s easy to slip up. But what if all your information was easily collated, ready to be shared across multiple channels and offices?

It’s like having a super-organized member of staff on your team who let’s nothing go un-noticed. In fact, your super team member can tell you everything you need to know instantly.
Wouldn’t that make running your office, ensuring legal compliance and generating reports a cinch? Of course it would.

As well as ensuring great transparency and visibility within an organization, it is this ability to collaborate on and share pertinent information in an instant which your teams will love. No more overflowing filing cabinets, lost job orders or research for your latest funding report or bid going missing.

We all like to think we can do our bit for the environment by going paperless, but how much of a reality is it really?

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Well if you adopt this exciting and innovative software, there really is no excuse not to – and frankly – a paperless office will be much more efficient and manageable than one that isn’t. So if your business ready to go leaner and greener then this system offers state-of-the-art workflow automation that will leave your competitors in the shade.

The ever growing responsibilities of real estate and facilities management professionals means the game is changing – and fast. To remain on the ball and be able to answer complex questions about leases, property inventories and whether to develop existing properties or build new ones, requires accurate data and business intelligence.

Keeping your data up to date can be a full time job if we are talking ‘manually’, but with automated software it is simply – automatic. So if you are thinking, well this software sounds fantastic, but if it can do all this amazing stuff, it’s sure to involve a steep learning curve.

No, actually. And because your software package includes first-rate training from experienced trainers who will teach you not only the basics of your new system but how to get the very best out of your investment, you will be handling your newest member of staff like a pro in no time.

The overriding message is simple: if you really want to get ahead of the game (and stay there), then it’s vital to spend time working on developing and differentiating your business so that it stands apart from the competition.

Perhaps there are niche markets you would like to enter? Or maybe you are planning to set up another office in a nearby town or city. Whatever ‘grand plans’ you harbor for your business, without freeing up a goodly amount of time to put them into action, they will simply remain on the backburner indefinitely.

Apart from automating the everyday tasks and practicalities of your business, introducing an IWMS or CAFM system will streamline your venture so you are more professional than ever. You will have time to develop bidding strategies and really take the drudgery out of controlling your portfolio.

No matter how experienced you are, managing a large portfolio of property demands juggling a myriad of organizational skills and operational and legal compliance, so if you want to expand your business exponentially, then this state-of-the-art ultra-intuitive software will empower you to become more dynamic than you ever thought possible.

Your chosen tech-savvy provider will be pleased to offer you a free demonstration so you can see for yourself how this software could transform your business for the better in no time at all.

  Chris Jenkinson

About the Author:

Chris Jenkinson is a UK based marketing consultant writing for Ostara Systems CMMS Software developers