Productivity | Building Engines
Building Engines Blog | Productivity
Purchasing a property management platform is a lot like building a relationship. It takes dedication, effort, and the desire and ability to achieve common goals.
So, you’re dedicated to tracking and quantifying your team’s performance. Congratulations, you’ve made it to level 2! Next challenge: deciding what that means, aka what you need to measure. Here are the four places you need to look (and people you need to involve) for data before setting your KPIs.
Benchmarking is the process of comparing one’s business processes and performance metrics to industry best practices from other similar companies. The metrics that are typically analyzed are those that focus on efficiency, reducing costs, and improving performance.
We all know how frustrating it is when service on your mobile device is interrupted – a dropped call, a picture that won’t send, or the web page that just refuses to load. And when your job relies on your mobile device, the aggravation can be overwhelming.
Lack of workforce efficiency is not just a frustrating reality – it’s a costly one. Every day property management teams strive to boost their bottom line and increase tenant satisfaction, but sometimes there are roadblocks on the path to CRE success. Many factors can lead to decreased productivity, from tackling too many tasks to forgoing modern technology. Check out the infographic below and make sure you – and your employees – aren’t facing any of these pitfalls.
With the technology available to most businesses, employees can work closely with someone and never meet face to face. This has become the reality for many workers across the country, to the point where 40 percent of people have collaborated on a project with someone they have never met, according to a new study by TrackVia.
As the mobile movement continues into the future, property managers will need to keep up with the latest trends, but for now it is safe to say that BYOD is a strategy that will save you both time and money while increasing productivity.
Peek “under the hood” at the industry’s leading Property Operations Software! Learn how Building Engines clients use the platform’s web-based (and mobile!) tools to improve service delivery, maintenance, and ultimately, NOI.
For a business decision maker, return on investment is key to any decision. As attractive the practicality of the technology, it has to work from a financial perspective. In this post, I’ll outline where you’ll see the payback from investing in a mobile property management strategy.
Working for a private company, it is easy to become narrowly focused – focused on the people who buy and use your product. It’s kind of like election goggles. You become focused on solving specific and immediate problems, cutting costs and applying technology to real world situations – things with tangible and foreseeable results. I was lucky enough that James decided to incorporate the product that I support (Building Engines) into the curriculum, giving me the opportunity to watch people interact and learn about my product from a purely educational standpoint.
Mobile property management is a new business reality. Real estate operations that provide property managers and field personnel with mobile access to applications and data are more productive, deliver better customer service, are better informed, and can respond more nimbly to changes in their operating environment.
In our recent webinar, Preparing for the (Not So Distant) Mobile Future, three panelists discussed what the mobile future holds and how businesses should move forward in light of the changing environment. My main takeaway from the discussion was how mobile strategies are becoming such a pivotal part of organizations, but are often daunting with so many important factors to consider as part of its planning and implementation. We decided to compile the panelists’ insights to create a Quick-Start Guide to implementing a mobile strategy. Check out the highlights below.
While many of us use our mobile devices to stay upstream of the latest viral news and videos, the idea of mobility itself is becoming a viral concept. With the latest technology that mobile providers and mobile engineers are now bringing to the table, or perhaps tablet, the definition of “empowered” is being redefined for workers on the move. Standard mobility is not without its limitations however. In order to create true unity between a mobile device and an organization’s workflow, the technology must support it – at all times. The key? Seamless data synchronization.
Work today is much more an action as opposed to a place – you’re not chained to a desk anymore. You don’t have to go to your desktop computer in order to complete work that you do. Instead, you’re out working with your constituents, customers or tenants. Questions come up in real time, issues come up in real time, and you deal with them in real time – without a stack of paper or through a tethered computer.
Our resident industry expert and VP of Building Engines, Scott Sidman participated in a panel discussion on the Intersection of Technology and Property Management. Joined by TJ Brookover of The John Buck Company, Sidman addressed some of the advancements in technology that are being used to improve management.
Keeping the windiness out of the Windy City, here are highlights from the discussion: