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August 21, 2008

FacilitySource introduces fmSurvey – Helping retailers reclaim their assets

Columbus, Ohio (August 15, 2008) – FacilitySource, the leader in facility maintenance management and process optimization, has introduced fmSurvey, a comprehensive retail information collection tool and data repository.  From years of experience, FacilitySource found that many organizations are unaware of the true conditions of their locations and lack the ability to track facility maintenance activity and effects on conditions over time.  Through fmSurvey, FacilitySource provides clients with the ability to survey each location and record all necessary data into a centralized database.  fmSurvey services include:

"fmSurvey allows retailers and other companies with disperse real estate holdings to reclaim their assets through improved visibility and accurate data of store locations," said Bill Hayden, CEO, FacilitySource. "One of our clients was able to use the data gathered to show year over year improvements in condition, eliminate risks, and influence their capital spending.  Ultimately, this positively impacted travel costs for remodels and construction, costs for lease renewals, labor hours for floor sets, shipping and inventory, and even their brand image and royalty payments.”

Surveys are customized to serve each client’s need, enabling the inspection of existing conditions and documentation of precise dimensions – all supported by digital photography. Completed surveys are available for viewing and analysis through an easily accessible, hosted, web-based platform.

About FacilitySource

Founded in 2001, FacilitySource (www.facilitysource.com / www.facilitysource.co.uk) is known for its holistic approach to facility maintenance management and process optimization in a wide range of business sectors, which includes retailers, shopping centers, restaurants, auto parts stores and other companies with geographically disperse real estate portfolios. With over 50,000 locations served and a database of over 10,000 vendors, FacilitySource provides web-based transaction management software, vendor management and research, fully-manned 24/7/365 call centers, statistical analysis and reporting, and paperless invoicing. FacilitySource manages over 3 million work orders annually as well as over $250 million in annual facility spend. It is estimated that within the first year, FacilitySource saves its clients up to 20 percent of their annual maintenance spending.  Headquartered in Columbus, Ohio, FacilitySource also manages its operations in Phoenix, Arizona; Chester, England and Madrid, Spain.