Intro to EFR Series: Reporting
Building Your Virtual Control Center and Making Better Decisions When You Have the Data
With an EFRMS in place, your reporting capabilities grow tremendously. Your facility’s digital twin now puts you in a place to make better decisions, forecast into the future and keep tabs on the day-to-day workings inside of your buildings.
It is your virtual control center and it will make you much more efficient than you are today. It’s critical for a next-gen facility manager to have a good grasp on the business side of things. This includes making important decisions on your systems’ life cycle that will impact business decisions down the road. Many facility managers rely on third party consultants to determine when to make critical facility infrastructure decisions, however more of those decisions can be made in house when an EFR system is in place. Here are a few examples of the types of financial, operational and purchasing decisions you can make when you have reporting that scales across your facility and asset data.
Audit Trails: Liability and Risk Management Through Digital Documentation
Compliance with statutory regulations and reporting requirements with facility protocols is becoming more prevalent with school districts across the country, especially during and after the pandemic.
Because of this, having reliable reporting not only helps you make better decisions, it also helps you manage liability and risk. This, in itself, is extremely valuable for the next generation facility manager. Here are some real-life examples of how reporting builds better compliance and record keeping.
To learn more about EFR, download our eGuide today.
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