How Integrated Workplace Management System Evolved Workplaces
There is no doubt that the integrated workplace management system has grown in significance in the current, dynamic business environment. The tools and strategies for implementing digital transformation in working settings are evolving along with daily changes to workplaces and business practices.
The IWMS serves as an anchor when a company's network of key technologies expands and its operations become more complex. It streamlines system communication across systems and centralises all workplace digital functions.
The Pandemic brought the world to a standstill, which gave a rise to tech-enabled workspaces which can make it possible for employees to come back to offices and focus on the core operations without their primary concern being their safety.
To make sure that the newly tech-enabled spaces are making operations smoother and easier for the employees as well as the enterprises' integrated workplace management systems are coming into play.
The commercial real estate sector is really bullish and promising. It has performed remarkably well over the past ten years. said Harsh Binani, Co-founder, Smartworks
What is Integrated Workplace Management System?
The workplace management platform is concerned with facilities management, with the primary goal of improving the entire workplace setting while also assisting the employees that occupy it. The Integrated Workplace Management System includes workplace management.
IWMS may be characterised as a complete software platform that aids in enhancing the use of the numerous amenities around. The goal may be connected to compliance, security, cost-effectiveness, wellness, or sustainability.
It should be understood that diverse workplaces have distinct needs, which is why workplace management suites help businesses develop effective strategies to satisfy those demands.
Benefits of an Integrated Workplace Management System
Without a doubt, smart workplaces will be able to open up a variety of possibilities for optimization and provide employees with a unified workspace experience. Hybrid workspace management is becoming a crucial component of establishing a company's working amenities.
Also Read: "We Are Back To The Higher Growth Levels As Pre-Covid": Harsh Binani, Co-founder, Smartworks
Helps in making business decisions
In today's corporate environment, it is crucial to make rapid, informed decisions. Integrated Workplace Management System, which offers accurate information in real-time and supports facility managers in making better decisions, can be used by facility managers in place of Excel spreadsheets. The world of business moves fast and it is crucial for leaders today to make quick yet informed decisions.
Brings about transparency
If you are unaware of your portfolio's size, worth, leasing agreements, and scheduled maintenance, there is a significant risk to your company's compliance and ability to continue operations.
An integrated workplace management system creates an organized and consistent data repository, ensuring transparency across all processes and allowing you to make better business decisions.
Improves Effectiveness
Even while meeting rooms, amenities, and enterprise office spaces appear to be completely occupied, you barely use 50 to 60% of them. Integrated Workplace Management System aids in resource utilisation analysis and measurement, eliminates underperforming facilities and spaces, and ultimately ensures efficient use of resources.
Cuts costs
Cost is a factor in decisions concerning lease renewals, developing new structures, and adjusting the amount of real estate on the market. Directly or indirectly, Integrated Workplace Management System contributes to cost reduction.
Owing to efficient space management, there is a 10-15% decrease in space expenses, a 5-8% reduction in leasing costs, and a 5-8% reduction due to process optimization.
Fast and accurate Reports
IWMS assists in consolidating all data into a single location and, because it is real-time, it instantly gives accurate and up-to-date information. Additionally, it enables the creation of customised reports based on past patterns and future projections, which are essential for business requirements.
Streamlines every procedure
By simplifying all the procedures for facility management, asset management, and space management, Integrated Workplace Management System facilitates work. It spreads information throughout the company, assisting in real estate decisions. Improving accuracy also aids in strategic planning and reporting.
Elevated Workplace Experience
An effective workplace with smooth operations is a phenomenal place to work. Integrated Workplace Management System software improves productivity for both employees and organisations.
Effective workers who work in a fantastic setting are more productive and have a greater rate of job satisfaction. All of this results in a more enjoyable office environment, which aids businesses in creating an environment that is rewarding for employees.
Today’s workplaces operate under the governance of dozens of different devices, programmes, and pieces of software. Business operations are made more effective by the expanding network of IoT devices and their signals, from the ability to reserve hot desks to building energy efficiency controls. Companies are integrating these various programmes increasingly frequently into an Integrated Workplace Management System (IWMS). IWMS has too many advantages and is too helpful to ignore.
Also Read: Managed Office Spaces in High Demand: Harsh Binani, Co-founder, Smartworks
Towards Smarter Management
The more assistance a building can offer to employees and operations, the smarter it is. But additional monitoring is necessary given that intelligence.
The ideal way for a facility manager to take advantage of the intricate processes connected with intelligent buildings and ensure that they have a positive impact on the workplace is through an IWMS. An IWMS makes managing smart buildings easy, from desk booking to climate control, support tickets to vendor administration.