August 1, 2007 — Utilization of real estate and facilities lifecycle management (REFLM) solutions are credited with driving cost reductions to the bottom line while establishing significant process efficiencies, according to a new study published by Aberdeen, a Harte-Hanks Company.
“The Real Estate and Facilities Lifecycle Management” benchmark report, leveraging the insights of corporate real estate, facilities management, finance and procurement executives from over 250 enterprises, found that visibility into both spend and process is severely limited. Yet, business leaders are recognizing the increasingly strategic role that real estate and facilities management can play within their organization.
“We are at the outset of a burgeoning transformation within Real Estate and Facilities Management and automation will be a key enabler,” said Andrew Bartolini, Director of Global Supply Management Research at Aberdeen. “This benchmark report is the new standard by which future Real Estate and Facilities Management programs will be measured.”
The report highlights the Best-in-Class enterprises who report superior visibility and greater control over this large spend category.
A complimentary copy of this report is made available due to the following underwriters: Accruent, AMTdirect, FM:Systems, Meridian Systems, and VFA, Inc. To download a copy, see the Aberdeen Web site.
