Glossary

Facility Service Management

Facility Service Management is the practice of providing facility services, such as planned or condition-based maintenance, security, cleaning, and workspace management to an organization.

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Glossary

Hyperautomation

Hyperautomation supports FM service providers by making employees more efficient, improving business processes, and supporting increased customer satisfaction.

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Glossary

Workplace Management Software

Workplace management software combines facilities, assets, services, tech, and processes needed to provide the best environment for employee productivity

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Glossary

Space Management

Space management is the management of an organization’s physical space inventory. This involves tracking how much space an organization has, managing occupancy information, and creating spatial plans.

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Glossary

What is Facility Management Software?

Facility Management (FM) software optimizes management of facility processes by improving planning, simplifying procedures, reducing costs and enhancing reporting.

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Glossary

IWMS | Integrated Workplace Management Systems

Integrated Workplace Management System (IWMS) is a software solution that enable executives and managers to reduce facility management costs and increase business productivity, compliance, and transparency.

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Glossary

CMMS | Computerized Maintenance Management System

Computerized Maintenance Management System (CMMS) software supports maintenance planners, engineers, real estate owners, and service providers to ensure streamlined and compliant execution of work.

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Glossary

Campus Management

Real estate and facilities management professionals are turning to integrated campus management solutions to enhance the learning experience and environment they provide to campus users.

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Glossary

Lease Accounting

Leasing is a common financial solution that enables companies to use real estate properties, assets and equipment without initial investments and large initial cash outflows. Leasing is also a common practice to increase portfolio flexibility.

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Glossary

Property Management Software

Property management software supports the automation of processes like portfolio management, transaction management, lease management, and (capital) project management for real estate owner and occupiers.

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Glossary

FSM | Field Services Management

Field Service Management (FSM) is an essential strategy to enable facility service providers to deliver safe, clean, and comfortable facility experiences.

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Glossary

IoT | Internet of Things

The Internet of things is the network of dedicated physical objects (things) that contain embedded technology to sense or interact with their internal state or external environment. The IoT comprises an ecosystem that includes things, communications, applications and data analysis.

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Glossary

EAM | Enterprise Asset Management

Enterprise Asset Management is the entire lifecycle management of the physical assets of an organization such as buildings, installations, infrastructure and real estate assets.

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Glossary

CAFM | Computer Aided Facility Management

CAFM software enables facility managers in relation to space and move management, reactive and planned maintenance, operational facility services and more.

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Glossary

Planned Preventative Maintenance

Planned preventative maintenance (PPM) can be time or condition-based and allows you to reduce reactive maintenance and associated costs for your buildings.

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