Integrated workplace management systems (IWMS) are multifaceted solutions that can manage and maintain various spaces, including commercial properties and offices, under one system. These products can help manage a business’s real estate portfolio of commercial buildings and facilities and coordinate its maintenance. Companies using IWMS can significantly increase productivity and revenue flow, as the tool helps cut facility management costs and improve space utilization. These solutions can help businesses monitor their assets and workplace properties through one comprehensive management solution. An IWMS is mainly used by property, office, or facility managers who own or work in a building. Real estate agencies can also use this software to manage a building they may lease. However, the use of IWMS is not industry specific.
An IWMS is usually implemented as a part of space management software packages but can also be a stand-alone product. An IWMS works alongside facility management software for managing a company’s industrial infrastructure, warehouses, and energy plants. Some IWMS can also integrate with space management software. While IWMS focuses on managing buildings and company assets, space management software helps manage the office space and the people in the workplace.
To qualify for inclusion in the Integrated Workplace Management System (IWMS) category, a product must:
- Oversee commercial property or office facilities for a business
- Manage a company’s property assets and office equipment
- Coordinate maintenance services for all the buildings or properties
- Measure and analyze space utilization and energy efficiency metrics
- Integrate with other facility, asset, or space management software
