Category: Asset Management

What is Asset Lifecycle Management (ALM)? by https://factech.ai/

What is Asset Lifecycle Management (ALM)?

Everyday value creation depends on the assets and tools that businesses of all kinds own. This is why every company aims to optimize earnings and reduce expenses by implementing the most effective asset management system. An asset’s maintenance level primarily influences its life duration. Assets go through several phases in their lifetime, and depending on

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How HVAC Preventive Maintenance can Save Energy? by https://factech.ai/

How HVAC Preventive Maintenance System can Save Energy?

HVAC maintenance is important for every commercial real estate owner since it helps to maintain space for your renter’s comfort. Without appropriate care and maintenance, the energy consumption and repair expenses increase. Here is where HVAC maintenance software is useful. Establishing a consistent maintenance schedule helps you to enhance energy efficiency, prevent issues before they

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Why Facility Software Integrations Are the Future of Smart Operations by https://factech.ai/

Why Facility Software Integrations Are the Future of Smart Operations

Worldwide, facility management is undergoing a seismic change. Reactive maintenance and clipboards are history. Now embracing facility management software integrations, forward-looking facility managers are ushering in a new era of sustainability, tenant happiness, and efficiency. At Factech, we understand how crucial software integration is to increase operational performance and rethink the prospects in facility management.

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Tenant Retention Strategies for the Modern Property Management system by https://factech.ai/

Tenant Retention Strategies for the Modern Property Manager

Strong tenant retention is vital for rental companies’ financial situations and long-term survival. Professional landlords understand that maintaining tenants happy in their homes directly affects the bottom line, hence reducing expensive turnover and related costs. Implementing a complete suite of tenant retention strategies in areas including pre-qualification and screening, prompt maintenance, lease renewal incentives, fair

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How Real-Time Maintenance Tracking Enhance Facility Efficiency by https://factech.ai/

How Real-Time Maintenance Tracking Enhance Facility Efficiency

Any company’s main obligation is facility management since it guarantees effective running of facilities and their services. All of the activities involved in facility management—equipment maintenance, infrastructure management, space use, and safety compliances–have a great impact on increasing output and improving general company performance. The value of data in decision-making processes has become clear in

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