TRIRIGA Workplace Performance Management Facilities
Organizations often underestimate the ongoing costs to manage and maintain workplace facilities. The annual cost to manage and maintain real estate assets, facilities and infrastructure averages approximately $50M per year(1) and can be substantially higher for larger organizations. Facilities management executives have overall financial responsibility for managing and maintaining these workplace assets.
Right-Cost Facility Spend with TRIRIGA Workplace Performance Management Facilities
TRIRIGA Workplace Performance Management Facilities (WPM Facilities), a performance management system for mid-size and large organizations, measures and balances facilities performance. Optimizing facilities performance with TRIRIGA WPM Facilities provides a potential opportunity to improve operational efficiencies to decrease cost of operations by 3 to 5% and to improve space utilization to decrease overall total occupancy costs by 5 to 10%.TRIRIGA WPM Facilities, one of five enterprise-class analytic applications which comprise the TRIRIGA Workplace Performance Management (WPM) suite, aligns business objectives with facilities operations, analyzes facilities operations data and identifies actionable insights to improve the performance of workplace facilities. TRIRIGA WPM Facilities applies improvements to objectives and processes instantaneously.
Business Alignment Increases Customer Value and Overall Satisfaction
Facilities executives own responsibility for meeting the space requirements and working standards of the business units they serve and for budgeting accordingly based on these services. TRIRIGA WPM Facilities:- Measures service-level gaps by evaluating customer satisfaction across many dimensions, including work environment, service costs and service delivery, to identify opportunities for improving customer satisfaction
- Measures overall space costs and actual customer usage by organization, to identify opportunities to improve space utilization and reduce costs
- Identifies opportunities to right-cost facilities solutions by measuring the utilization and efficiency of space use, to meet business needs and budget
Improved Space Management Increases Utilization of Facilities
The higher the space utilization, the fewer buildings that organizations need to buy or lease. Facilities executives strive to minimize vacancies and underutilized space, avoid excess operations costs and optimize return on facility assets and infrastructure. TRIRIGA WPM Facilities:- Measures space efficiency and management effectiveness to improve facilities utilization, by geography, location, anization, and workpoint
- Detects and identifies cost performance issues by evaluating capital costs to budget, overall cost of operations and total occupancy costs, in order to reduce facilities costs
- Identifies opportunities to improve facilities capacity and flexibility by evaluating density per area/workpoint, utilization rate of worker to workpoint and mobility space rate
Increased Resource Productivity Reduces Facility Services Cost
Facilities executives need to maximize productivity and efficiency of service delivery, from providing high quality cost-effective services when moving and relocating workers, to managing and maintaining the facility assets and infrastructure. TRIRIGA WPM Facilities:- Measures overall facility management costs and services to improve financial performance
- Detects service delivery performance issues down to the individual operating cost line-items (e.g. maintenance, vendor performance, utilities, etc.) to reduce facility spend
- Detects under-performing areas of facility management to identify cost reduction opportunities and improve financial performance
To find out more about how TRIRIGA Workplace Performance Management Enterprise improves the bottom-line, contact an expert at (702) 932-4444.