The era of technological development has marked the advent of many effective solutions in terms of advanced software, integrated system of workplace management, and so on. These advanced web-based solutions have paved the way for development in several other domains that includes the real estate sector as well. Managing a business in the real estate sector is now operated in a hassle-free and easy way with the help of advanced technological solutions. One such technological solution assisting in the management of the real estate business is the IBM Tririga. However, before knowing anything about Tririga, it is necessary to know a few things about integrated workplace management.
What is Integrated Workforce Management All About?
It is an insightful software platform that basically aids in the optimum resource use related to the workplace. It provides a helping hand to the respective business organizations to make the optimum utilization of their workplace resources. This includes the management of the company’s real estate resources, facility and infrastructure assets, etc. Out of its wide reach in several domains, its use in real estate management is noteworthy. It manages activities associated with an acquisition like lease or purchase, property assets, financial domain. The virtual and digital management of real estate management is much vivid. This includes proper strategic analysis and planning, analysis of lease, management of tax, as well as accounting associated with the lease.
All about IBM Tririga:
Now that we have gained an idea about the integrated workplace management, it would be easier for us to grasp the concept placed through IBM Tririga. It is a specially designed application-based platform that works to assist clients associated with real estate business to manage them effectively and make the lucrative business reach out to the world with the help of advanced IT solutions like Artificial Intelligence, Data Analytics. IBM Tririga works to solve all issues related to the real estate business with their property-based software that not only aids in the lease or tax-related calculations but also helps with the automatic invoice generation for carrying out payment collections on time.
Benefits of Choosing IBM Tririga:
- Let us take a simple example of a company with 200,000 employees, where the human error in basic turnover calculation can be more than 60 million per year. This enormous amount cannot be replenished easily with time, and this cannot be avoided because there are always chances for human errors to occur. However, software platforms like Tririga help in minimizing or complete the abolition of human errors as they automate the financial calculations related to the business, especially in the case of the real estate one.
- Human interference may result in the biased use of business resources, and this is not desirable. To remove the reluctant bias with the help of software operated integrated workplace management system. This will promote the critical analysis of the business facilities being used and help in effective functioning.
- Hiring fewer employees who can be engaged in the efficient functioning of business resources may also reduce the overhead expenses of the company. This can thus function as a cost-effective method for managing the business.
Conclusion- Every business, small or large, should get inclined towards the use of an integrated workforce management system by the use of a software-based platform. This can throw light on effective and advanced solutions.