Property Data-Tech ROI

Improving Administrative Efficiency

Data-tech ROI can be quantified by the value of labor costs and operational hours it reclaims. Reliable information improves vendor performance where digital deliverables assures the sustainable value of data in digitized operating environments.

Data-driven tools optimize operational efficiency in highly targeted administrative workflows. In this article, we explore the cost of scheduling property build and maintenance activities between management, contractors and service providers.

Data-tech ROI can be quantified by the value of labor costs and operational hours it reclaims. Reliable information improves vendor performance where digital deliverables assures the sustainable value of data in digitized operating environments.
Property Data Value
Data-driven tools optimize operational efficiency in highly targeted administrative workflows. In this article, we explore the cost of scheduling property build and maintenance activities between management, contractors and service providers.

Cost of Scheduling Property Maintenance

It can require five to eight man-hours across multiple stakeholders to schedule property services. Digital data exchange between project stakeholders can recover 60% to 90% of the time spent on administrative scheduling activities.

Select the frequency of maintenance and adjust default values to review the number of man-hours recovered with data-technologies.

Maintenance Frequency

Cost / Incident:
Annual Incidents:
Manpower Cost:
Recoverable:
Reduced Hours: 0

Efficiencies offered by integrated data technology is shared by management and service providers. The cost of technology is about the same for stakeholders. They involve fix fees for digital credentials and recurring charges for user platforms.

Investor/Management

Fixed Cost± $6,500
Annual Costest.
Recoverable
Annual Savings
Recover Hours
Breakeven

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Property Digital Data and Credentials

Service Providers
Fixed Cost± $5,500
Annual Costest.
Recoverable
Annual Savings
Recover Hours
Breakeven

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Contractor Digital Data and Credentials

Note: calculations are based on normal business hours and presume users average fifteen to twenty minutes on each scheduling step.

*Time consumption is accumulative including property managers, contractors, service providers, tenants, etc. An increase in the number of project stakeholders proportionately affects the level of effort management requires to coordinate scheduling activities.

Fixed-Costs

Fixed-costs include digital data and credentials fees for the company and personnel.

Annual Cost

Cloud platforms and applications for management and contractors are expensed individually by stakeholder organizations.

Annual Savings

Equals the total manpower expense that can be recovered minus the annual expense of technology. Values listed are proportionate to the manpower utilization rate of service providers.

Recovered Hours

Represents an annual estimate of manpower that can be recovered by automating scheduling processes in property operation. Also listed are values proportionate to manpower utilization across the property’s service provider ecosystem.

Breakeven

The number of maintenance call incidents required for service provider ecosystems to breakeven on the annual expense of technology.