This is a systematic process of maintenance, updating and operation of real estate assets.
CAFM Features
- Data base of the elements to be managed by FM. According to their asset typology, there may be specific functionalities for their management.
Financial justification
- Directly
- Good financial performance: asset management enables improvement of the return on investments. This reduces the diverse costs of the asset, preserving its value.
- Improves decision making: the company may improve evidence-based decision making. This avoids errors, risks and deviations for business.
- Good risk management: there is reduction of financial losses, improving collaborator health and safety. It also improves the image of the organisation on the market, reducing the environmental impact and avoiding penalties.
- Greater quality of products and services: this guarantees better performance by the assets. Then products and services are generated to fulfil customer expectations.
- Indirectly
- High conformity: it also guarantees transparency in relation to requisites and regulations. Likewise, adhesion to assets, policies and processes is simplified.
- Greater organisational sustainability: Administers the short- and long-term effects, expenses and performance, being able to improve the sustainability of operations and organisation.
- Great operational efficiency and effectiveness: Review and perfection of processes and procedures, raising performance of the assets and may improve efficiency, effectiveness and facilitate the scope of the goals.