Laura Florencia
December 21, 2022

How Nextlivin Can Reduce Expenses

Digital transformation is an aspect that all business organizations are betting on to enhance their growth and adapt to new market trends. Technology is a great ally for cutting unnecessary spending and keeping your budget under control. Digital transformation and its convergence with the overall digital strategy, covering operational, strategic and management areas. Let's discuss how Nextlivin can reduce building managers' operating expenses.

Technology and business productivity

Colleagues giving a fist bump

Companies are constantly looking to improve the efficiency of their processes, and technology enables its application in countless situations in the business world. Productivity gains result in three ways:

  • Reducing time in the execution of the process.
  • Eliminating or replacing total or partial tasks in the process.
  • By incorporating new functionality that adds value to existing processes.

Achieving disruption requires increasing cost savings above 40%, because lower rates will not be effective against changes introduced by new digital companies, which with new products and supply chain levers 4.0 achieve very high disruption and potential savings, improving services with investment less.

The traditional productivity increase range from 3 to 5% per annum, has been eclipsed by digitalization, with a demonstrated cost increase potential of well over 25%, combining remote monitoring and robotization approaches, and through process optimization placing labor cost increases in the percentage above 60%.

In this way, initiatives such as document automation or digitization and cloud storage can provide such benefits

  • Speeds up time spent on mechanical tasks.
  • Optimizing processes.
  • Save material costs.
  • Direct access to information digitally, from anywhere and anytime.
  • Reducing environmental impact.

A key aspect of reducing costs with technology

Multi-ethnic business team sitting at table in office center speaking about project during meeting in broadroom. Businesswoman discussing ideas with colleagues about financial strategy for new start up company working in brainstorming office.

Reducing costs, for all companies, is one of the main goals. It's safe to say that the adage in the business world is to achieve maximum profit at the lowest possible cost, and the use of sustainable technology also helps save money.

Below we list some of the main aspects in which companies can reduce costs:

  • Installing software that is able to centralize the entry of information from each area and make it available to the whole company in real time, has become the best weapon for making the right decisions to reduce costs.
  • Bet on the cloud. Your information can be securely hosted on cloud-based systems, allowing up to 50% savings over traditional physical infrastructure management.
  • Internet Everything. By introducing IoT, we can implement a system where each machine has the ability to measure and communicate all the variables for analysis. This allows us to anticipate maintenance and reduce downtime.
  • Automate the tasks and processes of each department so that management becomes smoother and more efficient.
  • Reducing the margin of error. Some of the avoidable costs that companies incur are due to human error. Reducing them to a minimum should be one of the goals of company managers.
  • Better inventory management, through the use of appropriate software, will allow companies to improve inventory reliability.
  • Reduce machine and employee downtime. Damage or errors in work orders can result in missed deadlines and reduced productivity and quality.
  • Personnel costs. Manage the scheduling of interventions that can avoid unnecessary travel that incurs excessive costs.
  • Energy costs. Among the biggest expenses incurred by any company is the energy bill. Digital technology makes it possible to adhere to maintenance schedules and keep systems and equipment in optimal condition.
  • Manage payments and billing well. A good management software, which includes a work order control tool, will give us a detailed view of the resulting budget at any time, avoiding any errors that may arise.
  • Stationery and administration. Handling document managers that enable centralized and digitized information will allow for savings not only in paper costs themselves, but also in postage, toner, and personnel.

That's how Nextlivin can reduce expenses

Thank you for reading and don't forget to follow Nextlivin on InstagramFacebookTwitterLinkedin, TikTok for another content.

See you on next blog.

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Property management or building management, or manajemen properti atau pengelolaan gedung in Indonesian, refers to the management of real estate assets such as apartments, office buildings, and other types of properties. Jasa manajemen properti is a service that is provided by companies specializing in property management. The objective of manajemen properti is to ensure that the property is well-maintained, profitable, and meets the needs of its tenants.
A perusahaan pengelolaan properti is a company that provides property management services. They are responsible for managing day-to-day activities such as collecting rent, maintaining the property, and ensuring the safety of the tenants. Pengelolaan apartemen is a common service offered by property management companies, as they specialize in managing residential properties such as apartments.
Technology has also played a significant role in the property management industry. Aplikasi apartemen, or apartment applications, property management SaaS, property management application atau aplikasi manajemen properti, and property management system atau sistem manajemen properti, have been developed to help manage properties more efficiently. These apps provide features such as rent collection, maintenance requests, and communication tools to help improve the overall experience for property owners and tenants. There's also this fully-integrated property management system or sistem manajemen properti yang sepenuhnya terintegrasi that helps building manager by providing everything they need in one place. Overall, property management application, property management system and property management SaaS is a powerful tool for building managers that could improve the performance of the property management and tenant's well-being.
The main goal of tujuan manajemen properti adalah to maximize the value of the property while minimizing costs. Manajemen properti adalah a complex process that involves various tasks such as property maintenance, marketing, financial management, and tenant relations. Perusahaan manajemen properti are experts in these areas and provide a wide range of services to help property owners achieve their goals.
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Pengelolaan properti, seperti apartemen atau rumah susun, kost, perumahan, dan gedung kantor, membutuhkan manajemen yang baik agar properti tersebut dapat berjalan dengan efektif dan efisien. Pengelolaan gedung, seperti jasa pengelolaan gedung, manajemen pengelolaan gedung, dan perusahaan pengelola gedung, merupakan bagian dari manajemen properti yang sangat penting.
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Manajemen properti pdf juga tersedia sebagai sumber pembelajaran bagi mereka yang ingin mempelajari lebih lanjut tentang industri properti. Perusahaan manajemen properti adalah ahli di bidang ini dan memberikan berbagai layanan untuk membantu pemilik properti mencapai tujuan mereka.
Manajemen properti perumahan adalah bidang khusus yang berfokus pada pengelolaan properti perumahan seperti rumah, apartemen, dan kondominium. Properti manajemen menjadi penting bagi investasi properti, dan bekerja dengan perusahaan manajemen properti yang profesional dapat membantu pemilik properti mencapai tujuan keuangan mereka.
Dengan pengertian manajemen properti dan manajemen bisnis properti, pemilik properti dapat mengoptimalkan nilai properti mereka dengan strategi pemasaran, perencanaan keuangan, dan manajemen risiko yang baik. Oleh karena itu, pengelolaan properti yang baik sangatlah penting untuk mencapai kesuksesan dalam industri properti.
Property management in Jakarta, Surabaya, Malang, Bandung, Yogyakarta, Semarang, Denpasar, Makassar, Medan, Palembang, Batam, Balikpapan, Banjarmasin, Samarinda, Manado, Depok, Bekasi, Tangerang, Bogor, Solo, Maluku, Banda Aceh, Pekanbaru, Jambi, Bengkulu, Lampung, and Pontianak is an essential service for property owners and managers in their respective cities. These services typically include the management of unit and tenant data with custom fields controlled by property managers, automated IPL invoicing for fee charging, facility management to assist building managers in setting facility availability schedules and help tenants book facilities (similar to an automated digital logbook), among others.
Effective property management is crucial for maintaining the value of a property and ensuring tenant satisfaction. This is especially important in large cities like Jakarta, Surabaya, and Bandung, where demand for high-quality rental properties is high. A property manager can help ensure that a property is well-maintained, secure, and equipped with modern amenities, making it more attractive to prospective tenants.
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Overall, whether you are a property owner or tenant, it's important to choose an experienced, reliable property management company that provides high-quality services. With the right property management team in place, you can ensure that your property is well-maintained and that your tenants are happy and satisfied.