What is Integrated Workplace Management System (IWMS)?
An Integrated Workplace Management System (IWMS) is a comprehensive digital solution that consolidates all the aspects of a company’s physical infrastructure into a single, unified solution. By integrating functions like real estate management and facilities and asset maintenance, organizations can efficiently plan, execute, and monitor their resources and optimize their operations.
Importance
Corporate real estate companies frequently use the platform. However, companies across industries (e.g., healthcare, education, retail) will also require this for their management life cycle. It’s especially beneficial when the organization is undergoing significant changes, such as renovations, consolidations, and expansions. Here are some specifics:
Improved resource utilization – Integrated workplace management system software provides detailed insights into the organization’s resources, especially how they utilize their spaces and assets. It solves the common problem of underutilized or inefficiently used spaces, leading to cost savings.
Enhanced maintenance management – Unplanned downtimes due to equipment failures often result in overspending. Asset tracking, a vital component in the software, ensures that every piece of equipment, vehicle, and gadget is monitored and maintained on time, ensuring optimal functioning and extending its lifespan.
Sustainable project outcomes – Aside from upholding quality and safety systems, reducing delays, and preventing budget overruns, companies can incorporate and implement their sustainability initiatives, such as water and energy efficiency, waste management, and carbon emission reduction. It helps them become more competitive in their industry and appeal to environmentally-conscious stakeholders.
Key Features
There are dozens of IWMS software available today, so it wouldn’t be hard to procure one for the company’s needs. To find the most suitable solution, review its set of features first. It should have these essentials:
Real estate and lease management
Space and occupancy management
Asset and maintenance management
Environmental, Health, and Safety (EHS) compliance tools
Capital project management
Energy and sustainability management
Workplace services and reservations
Reporting and analytics
Integrations
Mobile accessibility with offline capabilities
How to Choose the Right Integrated Workplace Management System (IWMS)
Director of facilities, office supervisors and operations managers can leverage any of the top IWMS detailed in the list above. Before making your final choice, take another look at your options in this summary:
Integrated Workplace Management System (IWMS) | Free Version | Paid Plan | Mobile App |
SafetyCulture | Yes | $24/user/month* | Yes |
Nuvolo | No | Contact vendor for pricing | Yes |
Accruent | No | $110/user/month | Yes |
Planon | No | Contact vendor for pricing | Yes |
FM:Systems | No | Custom quote | Yes |
Brightly | No | Contact vendor for pricing | Yes |
Archibus | No | Contact vendor for pricing | Yes |
* billed annually