September 3, 2009

New Service Offering from FacilitySource Enabling Companies to Uncover Savings in Facility Maintenance Budgets

COLUMBUS, Ohio (September 3, 2009) – As the current economic climate continues to drive companies to tighten budgets and reduce spending, many organizations are realizing significant savings in their facility maintenance budget with help from fmSurvey, a recently introduced service from FacilitySource, the leading facility maintenance and management service provider.

Ideally suited for companies that have a number of dispersed locations, such as retail stores or restaurant chains, fmSurvey is a comprehensive location information collection tool and data repository that helps facility managers reclaim their assets by enabling them to survey all their locations and store the data into a centralized database that can be easily accessed and continually updated.

Companies utilizing fmSurvey initially dispatch teams of surveyors to individual locations to inspect existing conditions, take digital photos, collect asset data, and document precise building dimensions. The information collected by these surveyors is then instantly uploaded into the fmSurvey system, allowing users to view and report on the data in real-time via an easily accessible, hosted, web-based platform.

“As companies try to get a better grasp on spending in an effort to uncover areas where savings are possible, they often overlook the savings potential that can be found in facility maintenance. In fact, many organizations are unaware of the true conditions of their locations and even lack the ability to track facility maintenance activity and effects on conditions over time,” said Bill Hayden, CEO of FacilitySource. “Companies can use the data gathered by fmSurvey to gain insight into current conditions of locations, track year over year improvements, eliminate risks and influence capital spending.”

Many companies are realizing that the benefits of having all their location and store data in one easily-accessible, centralized database can go beyond potential facility maintenance cost savings. It can increase communications and education and efficiencies among and within different departments, including real estate, construction and marketing. For example, if the marketing department is working on material for a store window or entrance, they can access the database to find out the exact dimensions of the window or square footage of the entrance.

fmSurvey can be customized to serve each organization’s need. It can be used as a stand-alone service or integrated into FacilitySource’s holistic Facility Maintenance Optimization solution (FMO). For more information on fmSurvey, visit www.facilitysource.com.

About FacilitySource

Founded in 2001, FacilitySource is known for its holistic approach to facility maintenance management and process optimization in a wide range of business sectors, which include 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 one million work orders annually as well as over half a billion in annual repairs and maintenance 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, AZ; Chester, England and Madrid, Spain. For more information, visit www.facilitysource.com.

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September 3, 2009

New Service Offering from FacilitySource Enabling Companies to Uncover Savings in Facility Maintenance Budgets

About FacilitySource