How the Business Value Calculator Reveals the Financial Impact of Using Software to Transform Your Facilities Management Program 

Facilities maintenance and repair managers looking for cost savings while improving operations have come to the right place. This Business Value Calculator gives facility managers a sneak peek into the financial impact and potential benefits of using software for their brand’s facilities transformation. And it’s all backed up with data.

Is Your Facilities Management Program Efficient?

With each passing day, brands in retail, restaurant, grocery, healthcare, and beyond are looking for new ways to effectively scale and maintain their location portfolio. Top brands understand that growth starts (and ends) with the facilities, their most direct link to the customer experience.

In today’s constantly evolving and competitive market, facilities managers may find themselves contemplating the effectiveness of their current maintenance and repair programs.

They may notice that as the business grows, managing work orders across multiple locations becomes increasingly complex and time-consuming, which can lead to maintenance and repair inefficiencies. Facility managers may also experience bandwidth issues hiring and tracking service providers, or trouble keeping track of all related costs and invoices.

But it doesn’t end there. Facility managers also contend with the typical pressures from upper management to “do more with less” while increasing profits. With inflation driving up facility maintenance and repair costs, this might seem like a daunting task.

Build the Case for Facilities Transformation

Fueled by work order data from over 600 ServiceChannel customers and 360,000 locations across industries, our Business Value Calculator can help pave the way for change. Just plug in the company’s numbers and the calculator will generate a Business Value Assessment that highlights the approximate total financial benefits gained in the first year from using facility management software.

The calculator has data to support estimates for the following markets: 

• Arts & Entertainment 
• Commercial Office 
• Convenience Store 
• Education 
• Financial Services 
• Grocery 
• Health and Fitness 
• Healthcare 
• Hospitality 
• Logistics & Storage 
• Property Management 
• Transportation 
• Restaurants (Full and quick service) 
• Retail (Small, medium, and large box) 

Once the industry is selected, you simply plug in your best guess at the following metrics: 

• Number of locations 
• Average number of repair work order per location per year 
• Average repair work order invoice cost 
• Average number of maintenance work orders per location per year 
• Average maintenance work order invoice cost

It’s okay if the numbers entered are just a guesstimate. The Business Value Assessment still gives an approximate total of financial impact gained from facilities transformation.

Values like, avoided and reduced costs and headcount, increased productivity, efficient asset management, and informed budget decisions.

Embracing Change Can Unlock New Opportunities

It can be tempting to stick with the status quo for facility operations instead of rocking the boat. Decision-makers may be hesitant to onboard new facilities management software if they think of the program as just a cost center and not a revenue driver. However, effective facilities management software can help brands expand and increase profits, not the other way around.

Fortunately, the Business Value Calculator helps with this consideration too. Once you plug in your numbers and download the report, our sales team can provide you with a 3-month cost estimate for continuing FM operations as they are without the software. 

Brands like Adidas, Louis Vuitton, and Trader Joes, trust our data and software to help them cost-effectively maintain and scale their locations, assets, and providers. Use our Business Value Calculator to build a strong business case for transforming facilities operations that encourages your executives to do the same.

Try out the Business Value Calculator and see what savings or benefits you could be leaving on the table.