New Capital Planning Enhancements

Building Engines, provider of a comprehensive web-based operations management solution for owners and managers of all property types, announced the release of new tools for managing building equipment and capital assets more efficiently. The new features empower building owners and managers to search, track, report, and act on equipment related data, helping them address maintenance problems and improve capital planning and expense forecasting. 

The July Release enables users to plan for capital expenditures by assigning estimated replacement dates, costs, and installation fees for all equipment in a building or portfolio, as well as generate reports for capital planning. Additionally, an Equipment Search Page allows users to view audits of equipment changes, locate and report on any piece of building equipment, and take bulk action on scheduled preventive maintenance tasks.

“We are excited to bring an intuitive and effective equipment management solution to the market,” said Jim Gray, Vice President of Product at Building Engines. “Many work order and preventive maintenance systems handle day-to-day tasks associated with equipment, but lack the connection to budgeting. The result of our capital planning enhancement is accurately forecasted maintenance and capital renewal costs and clear visibility into facility data.” The Building Engines solution addresses the three main challenges to managing building equipment and facilities:

Collecting meaningful, reliable, consistent, and real time maintenance data, Making operations information easily digestible through online and mobile reports and visual representations Enabling owners and manages to act on that data and accurately plan for capital expenditures.

Building Engines, Inc. Building Engines is a web-based system providing owners and managers of all property types with a comprehensive solution for improving operations and workflow management. Founded in 2000 by an entrepreneurial team of building and facilities operations management professionals, Building Engines serves the needs of hundreds of millions of square feet of commercial, corporate, institutional and health care real estate in the United States, Canada and Europe.  More information: http://www.buildingengines.com/ ### Contact: Sarah Fisher Building Engines sfisher@buildingengines.com 781.290.5300

Source:  Building Engines

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Creation Date: 
Friday, July 29, 2011