Reducing your facility costs doesn't mean you have to cut corners or sacrifice quality. On average, Encompass is able to reduce customer facility costs by 15% thanks to our Building Optimization Programs.
Building Optimization Programs are what we call our process for increasing building performance and reducing facility costs. Programs are custom crafted for each customer but generally can be simplified into the development of strategies focused on these three objectives: efficiency, proactivity, and consolidation.
Efficiency
Measuring performance and KPIs is critical to significantly increase performance efficiency. By collecting this data you are able to gain visibility into the field, track performance over time, and identify trends. With these insights you can find ways to increase efficiency.
For one multi-site customer, Encompass was able to achieve 6% net cost reduction for a portfolio of over 4,000 locations, while also increasing service quality by 34%. We were able to achieve this by aggregating facility service data to identify unneeded services and optimize performance cadences.
Proactivity
Problems shouldn't be left to fester. With early detection and preventative planning you can ensure small issues don't balloon into big, expensive problems. However, this is easier said than done when each day can offer new and numerous challenges. Finding a proactive partner who will be thinking about your long-term goals and needs means that you have help staying ahead of things.
Early detection is critical to make sure a minor issue doesn’t become a catastrophe. A small leak from a pipe will only cost a negligible one-time handyman fee if flagged and fixed quickly. However if a leak is left unaddressed for too long, it could result in water damage that requires a rip and replace or worse, a customer can slip and fall and pursue a personal injury claim.
Preventative planning can reduce costs in two ways. The first is through early detection and response. The second way to save costs is by avoiding the extra charges that go with unplanned emergency or holiday repair calls. This strategy, when executed at scale, can greatly reduce facility costs
Consolidation
The final strategy for facility managers seeking to reduce customer facility costs is bundling and consolidation. End-to-end solutions not only have lots of operational efficiency to offer but also allow customers to save money with preferred pricing, volume discounts, and fewer fees. For example, simply integrating with the Encompass One platform can deliver a measurable associated annual value. This is because if your facilities partner is able to service your business at scale, they can pass the cost savings on.
Encompass is ready to work with you on a tailor-made Building Optimization Program designed to improve efficiency, encourage proactivity and consolidate services for maximum results.