Facilio Review: Changing the idea of property management for real estate businesses 

09.06.22 09:12 PM Comment(s) By Assetsoft

Facilio software provides an experience-driven property management plan for all its users. This platform is not just for the property managers and owners; tenants and vendors can be included too. They have an easy-to-use dashboard, a one-point solution for a holistic asset management approach. This dashboard can be customized to do diverse work from proper maintenance to obtaining analytical data. 

 

Their features have benefitted thousands of businesses to date. Companies have said that streamlining their facility management plans has helped them increase productivity by more than 13% in just 6 months

 

Read the full article to know how your real estate business can benefit from this software and how the Assetsoft team can help you leverage their features for growth.  

Why do you need better technology to optimize your facilities? 

The importance of technology is rising in the real estate industry. Everything can be automated with the latest software from property management, asset management, construction management, back office work, budgeting, and forecasting. At Assetsoft, we help you integrate multiple such top software in the market to optimize your resources and stay in charge of your business. 

 

One such software integration we provide is the Facilio property operations and maintenance software. Read on to know how its integration can benefit the various facilities in your portfolio. 

How is Facilio helping bring this change? 

According to 2017 MaintainX data, companies spend 80% of their time reacting to maintenance problems and flaws than preventing them. The scenes are rapidly changing due to the advancement of technology and lower dependence on manual labor.  


  • Control, manage and optimize specific facilities 

 

As a property manager, you can choose the specific areas in your facilities that need to be managed. This software dashboard has all information about your asset types, their life-cycle, replacement history, the present conditions registered in one place. Your agents and managers do not need to physically travel to each location every time they need to collect data. The Facilio dashboard does that for you.  


  • Predictive and planned maintenance 

 

When property managers and owners already have real-time data about their assets, they can predict their maintenance needs. This will help them plan ahead and schedule maintenance plans and improve the budgeting and forecasting of the business. iOffice and SpaceIQ study believe that facility management technology has helped businesses reduce maintenance costs by 3.3%. A 3.3% average reduction indeed is a huge positive impact on the company's ROI.  


  • Energy data about each facility 

 

The Facilio software is IoT-powered software that gets facility data, analyzes, and gives sustainability insights on your assets. They have an energy dashboard for your facility where property managers can find real-time data and analytical facts about their energy usage to impact energy saving positively. They can understand and predict the future energy consumption of your facilities and help you solve them beforehand.  


  • Real-time management and upgrade 

 

When all the information about your assets is found in the cloud under one umbrella, then you can upgrade them as and when you want. You can track the subscription limit of things, expiry dates, renewal timelines, breakdowns or malfunctions, and much more on their dashboard. No more hassling with tenants over the delayed upgrade of your assets when you can stay ahead of the curve with Facilio integration.  


  • Reach your sustainability goals 

 

It is the dream of property owners and managers to get green buildings and Energy Star assets to optimize their resources. Having these certificates is all about reducing companies' carbon footprints to impact the environment positively. Green buildings help you be environmentally conscious, make assets efficient, and impact profit in the long run. The New York Times writes about the growing green bonds and sustainable projects in recent years. Though you might not want to take your properties this far, sustainable projects are on the rise, and you need to start investing in the right technology.  


  • Asset management for better tenant relations 

 

When your property manager has access to helpful information about their assets, they can immediately solve them. Tenants will build more trust in your services, resulting in better tenant retention and lease renewals. Any single tenant turnovers cost around $1000 - 5000 in the USA. That is the amount of money you will save if you establish better tenant relations by providing impeccable maintenance services.  


  • Efficient workflow for all stakeholders 

 

Property managers, owners, vendors, tenants, contractors can all access the Facilio dashboard if you provide access. You can make different portals for their use. They can all keep track of the conditions of the assets and proceed with their work accordingly. Vendors can auto-renew subscriptions; tenants can know their living conditions from tenant portals. Property managers can plan their budgets beforehand to provide secure and uninterrupted services.  

How can Assetsoft help you leverage Facilio? 

 

At Assetsoft, we plan to help you integrate the Facilio software based on your facility management needs. Our team of experts has many years of experience in helping real estate businesses use these features and customize them on demand. When we are done with the integration, we will also provide you with constant support in understanding the workings of this software. 

 

Get real-time data about your appliances and facilities, make timely decisions, and mitigate all risks of failure. The Assetsoft team will guide you through the process of integration and automate your property management plans with the best technology in the market.

Making Property Management Seamless

Property management is an overwhelming task that is highly volatile if not planned ahead. The right technology selection in project management is the only way forward to stay ahead of the problems. The Facilio software is one such provider which helps you predict and analyze your asset management needs to stay on top of your game. 

 

But implementing new technology is a daunting task and the Assetsoft team is here to help. From Facilio to Yardi and MRI, our range of software integration services are endless when it comes to real estate property management. Get on-call with us today to get a complete picture of our services. Talk soon! 

 

Assetsoft

Share -