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Optimize Real Estate Utilization with our Workspace Management Software

HomeResourcesBlogOptimize Real Estate Utilization with our Workspace Management Software
Workspace
The current landscape
An integrated approach
Empowering collaborative working
The optimum employee experience
Conclusion

With the ever-changing nature of corporate real estate, it is becoming increasingly necessary for organizations to be able to measure how their real estate is being utilized and, importantly, taking that data and using it to drive better utilization and optimized occupancy.

Having a dedicated and integrated workspace management software solution is key to getting a holistic view of space utilization and occupancy data while driving continuous improvement.

Let’s explore the current situation and how dedicated office space management software systems help create the ideal hybrid working environment.

The current landscape

Increasingly, more organizations are shifting to hybrid working – if they haven’t already done so. This presents challenges for workplace leaders with an increasing feeling of uncertainty when it comes to real estate cost, space utilization and occupancy.

They need to gain insights into the activities which are taking place at their offices in order to understand just how effective their hybrid working strategies are.

Now is the time for organizations to think about how best to optimize their office environments to meet the demands of new hybrid environments and new technologies to create the ideal collaborative culture.

To be effective in driving cost reductions, improving efficiency and enhancing productivity and collaboration you need an effective workspace management solution in place.

An integrated approach

At NFS we recommend that leaders look at space utilization through many lenses – from room booking to desk booking to sensor occupancy data. Our Rendezvous solution integrates all aspects of space booking, utilization and occupancy data.

By triangulating the data in this way, you get a real sense of not only when the spaces are being used but why. Taking this enriched data, you can then make some informed decisions.

For example, if the desk booking data is telling you that staff are mostly coming into the office Tuesday to Thursday then leaders need to mandate that staff also come into the office Mondays and Fridays to ensure that there are not too many peaks and troughs in demand.

By the same token, if the room booking software is suggesting that there is not much demand for large meeting spaces or that the occupancy sensors are showing that large rooms are being booked but only 2 or 3 people are using them then it would make business sense to repurpose the rooms either as smaller breakout rooms or collaborative hubs.

Another advantage of workspace management software is that it can also help to reduce one of the major frustrations of modern office life – that of “no shows” and ghost bookings.

Solutions such as Rendezvous are the ideal workspace management tool – thanks to built-in business rules, rooms or desks can be automatically released should the booker not attend within, say, 15 minutes of the booking time. This is a great way of ensuring that expensive office space is fully utilized as rooms and desks can be allocated to people who need them.

Empowering collaborative working

While it is important that staff can book a desk using an easy to use app, leaders need to be cognizant to the fact that the world of work has changed. Thanks to the flexible and hybrid nature of work, workers are no longer expected to just sit at the same place every day.

You will now find a range of different rooms and spaces in the modern office from larger meeting spaces to collaborative spaces to huddle rooms. The old ways of managing space are becoming increasingly outdated. Rendezvous is designed to work seamlessly with video conferencing platforms such as Teams and it fully integrates with Teams rooms – showing meeting information on the panel and enabling meetings to be started via the panel.

Leaders need to invest in solutions such as occupancy sensors which enable them to pinpoint how space is being used and provide a no touch booking experience. By creating a great hybrid employee experience, you will attract the right talent.

New features of the Rendezvous workspace management solution, such as the employee portal, are designed for today’s collaborative hubs and neighborhoods making the booking far simpler and ensuring that managers can easily mandate office time thus ensuring optimum occupancy on traditionally quite days such as Monday and Friday.

The optimum employee experience

One way to achieve an optimized employee experience is by investing in the right solutions such as workspace management software to create collaborative and flexible workplaces and gain better insights into how your space is being utilized.

A workspace management tool improve your employees’ experience by:

  • Reducing overcrowding of workspaces with efficient scheduling using desk booking software
  • Driving better collaboration by enabling team leaders to manage collaborative hubs
  • Thanks to features such as floorplan booking on mobile apps it is easier for employees to find the types of spaces they need and book them fast
  • Thanks to integration between the workspace management software and Outlook – double bookings and miscommunications become a thing of the past
  • Mobile access for booking space anytime, anywhere – critical for a hybrid workforce

While making sure that staff have the right working environment is important it is equally important to give them the tools to negotiate that environment. The correct workspace management software empowers your staff to choose the correct working style for them to be at their utmost productivity while giving leaders all the insights they need on how the space is being used.

Conclusion

Having the right workplace software is critical for improving efficiency, reducing real estate costs, and enhancing productivity.

In terms of optimizing your workplace, the correct workspace management solution provides insight into:

  • How you need to reconfigure your existing space to match emerging hybrid workstyles
  • How you should better utilize meeting rooms and spaces to better meet your employees’ needs
  • How many employees are visiting the workplace, and which shared spaces they are using
  • If your current workspace is providing the appropriate workspaces, or if you need to re-evaluate how many collaborative spaces you need to provide
  • The cost of maintaining your real estate and how employee usage is influencing that cost

Rendezvous is the ideal workspace management tool for today’s hybrid organizations looking to create a productive and fulfilling working environment while maximizing ROI on your corporate real estate.