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NEST Facilitate: How Clients Saved $16M in Tech Fees in 2023

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February 12, 2024     3 minute read

In today’s fast-paced world, the role of facilities management (FM) has become increasingly crucial for businesses looking to streamline their operations and enhance their bottom lines. With the advent of sophisticated facilities management technology and the implementation of efficient work order management systems, organizations are finding new ways to achieve remarkable cost savings and operational efficiencies. Leading the charge is NEST. Our integrated facilities management (IFM) solutions are changing how the game is played in the industry.

NEST’s approach to IFM is not just about integrating cutting-edge technology; it’s about creating a seamless ecosystem where data, people, and processes work in harmony. This strategy has enabled businesses to significantly improve communication across multi-site operations, ensuring that every team member is aligned and every process is optimized for efficiency. The result? A more cohesive, responsive, and agile operation that can adapt to the changing demands of the business landscape.

However, navigating the diverse range of FM partners and solutions can be challenging. While many promise to offer the latest in facilities management technology and services, not all can deliver real value. Some may even lead to increased operational costs due to the complexities and expenses associated with their software platforms. This is where NEST distinguishes itself, having saved its partner businesses an impressive sum exceeding $16 million in recurring FM costs in 2023 alone—an increase from the already substantial savings achieved in the previous year.

The Strategic Advantage of NEST's IFM Solutions

The NEST’s success in delivering such significant savings is a clear indication of its commitment to providing high-quality IFM solutions. By managing over 60,000 locations across the U.S. and Canada, NEST has demonstrated its ability to enhance the operational effectiveness of its partners through strategic integration of facilities management technology.

Delving Deeper into NEST's Cost-Saving Strategies

Tech Fees: A Common Hurdle in Facilities Management

A critical area where NEST has been able to effect change is in the management of tech fees. These fees, often viewed as a necessary investment for the development, maintenance, and customization of FM systems, can quickly become a financial burden. Standard CMMS (Computerized Maintenance Management System) platforms, for example, may introduce costs billed to the client, the service provider, or both, with the intent of maximizing revenue. Unfortunately, these costs can escalate when service providers pass on these fees to their clients, doubling the financial impact for the same service.

NEST’s philosophy contrasts sharply with this industry norm. Viewing facilities management technology as a supportive tool rather than a profit center, NEST has eliminated subscription fees, even for minor system customizations. This approach ensures that clients receive maximum value from their IFM solutions without being burdened by unnecessary costs. As the industry continues to evolve, with tech fees rising without offering additional benefits, NEST’s model of value delivery becomes even more critical.

With NEST, tech fees are saved on both the front end for clients and the back end for independent service providers (ISPs). Those savings are then passed onto NEST’s clients.

Choosing an IFM Partner: The Importance of Vigilance

For businesses exploring IFM solutions, the importance of careful consideration cannot be overstated. It’s essential to examine the potential for hidden fees and ensure that the chosen partner is committed to providing transparent, value-driven services. NEST’s pledge to avoid adding subscription fees stands as a testament to its dedication to client success and service excellence.

Why Partner with NEST for Your FM Needs?

NEST Integrated Facilities Management is redefining the FM landscape through its innovative use of technology and its focus on efficient work order management. By choosing NEST, businesses can look forward to not just savings in time and money but also a partnership that values long-term operational sustainability and efficiency. NEST’s solutions are meticulously designed to enhance your business operations, ensuring a streamlined, cost-effective approach to facilities management.

As businesses continue to navigate the complexities of the modern operational environment, the value of a reliable, technologically advanced FM partner becomes increasingly clear. NEST’s proven track record of delivering substantial cost savings and operational improvements positions it as an ideal choice for organizations aiming to leverage the full potential of facilities management technology.

 

To learn more about how NEST can transform your approach to facilities management and help you achieve significant cost savings, we invite you to reach out. Discover the future of facilities management with NEST, and unlock the door to unparalleled operational efficiency and cost-effectiveness. With NEST, the path to a more streamlined, efficient, and cost-effective operation is not just possible—it’s within reach.

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