Benefits Of Implementing The IWMS
The conventional Excel spreadsheets and departmental frameworks are not working in the fast-paced changing working environment. IWMS (Integrated Workforce Management System) is a software solution that helps in tackling the everyday growing complexity of the facility and real estate management. It works by integrating crucial processes in a single software solution. It enables the utilization of reports and dashboards with KPIs to immediately identify the lacking areas.
Benefits of implementing this software aid are as-
1. Simplification of work– It helps in simplifying processes such as service requests with automated workflow by the provision of planning boards that are user-friendly which can be used for space and resource allocation, room reservation, and maintenance planning. Additionally, it helps to manage supplier contracts which are an important database for many businesses.
2. Brings transparency– With organization changes taking place at a faster pace and digitization of every process possible, transparency has become the need of the hour. It brings transparency into the property portfolio, lease contracts, workplace utilization, and plan maintenance to budgets v/s actual expense and to supplier performance.
3. More control with insights– The insights provided by IWMS gives the business more control as a result of workflow management automated alerts and performance dashboards. An insightful analysis even of simple software output can help track down multiple inefficiencies.
4. Brings agility– With the help of an AIWMS ensures agility as it includes scenario planning management information and analytics to support decision making and ensure fast adaption to change in a compliant way.
5. Professionalises your business– Along with many necessary cost cuttings IWMS implementation professionalizes a business by integrating data processes, customers, and specialists in one single software system.
6. Control churn rates– it is the attrition rate and an expensive thing for the business. It is important for any growing, healthy organization. With the help of IWMS, this cost can be tracked and eventually controlled. The focus is shifted from a large vision in a specific area.
7. Virtual personal assistant– With the management of various activities that too without switching among programs the IWMS acts as a digital PA which is not restricted to highlighting problems only but suggests workable solutions too.
8. Improved Service– An IWMS eases the working of facilities staff enabling them to aid the organization. With all of the information they require becomes quite handy, they can quickly answer incoming questions and connect departments to the right resources to solve their occupancy-related problems. In the same vein, the software also takes better care of infrastructure.
9. Planning of capital expenditure– Planning of capital expenditures on a prior basis, helps in regulating inflow and outflow of cash. Many IWMS packages keep track of the building’s maintenance schedules and the life of their components. It assists in preparing an enhanced schedule to ensure sending out of preventive maintenance.
With these many benefits and the constantly updating software realm, IWMS has become a necessity. The relevance of such software has increased in recent time due to increased digitization and increased involvement of the workforce.