Product Quick Facts
About Accruent FAMIS
Accruent’s products are used by 100 leading universities, the top five wireless carriers, nearly half of the top 100 retailers, and one-fifth of Fortune 500 companies. Headquartered in Austin, Texas, the company was founded in 1995. It employs close to 100 workers and has a revenue of about $7 million per year. The company provides facility management solutions specially designed for higher education and public sectors.
Accruent’s FAMIS facility management software brings all of the elements of a project into one place. From real estate acquisitions and project management to operations and maintenance, FAMIS allows full control over the life cycle of any facility. By consolidating data and defining processes, FAMIS allows facilities to speed up the completion of projects, reduce time to availability and make workflow more efficient. FAMIS can track funding sources, asset availability, revisions, amendments and expiration dates, as well as track lease agreements, policies and history for better decision-making. With access to land inventory and market information, facilities can not only avoid costs and unnecessary financial risks, but also expand their real estate and capture other opportunities. Accruent’s facility management software enables businesses to manage the entire life cycle of their assets, from planning to retirement. Facilities can capture historical data about assets, analyze occupancy costs and vacancy rates, and make projections and expenditures with the provided models.
After a flood damaged buildings, Accruent’s FAMIS solution enabled Iowa State University to be the first to implement a paperless reporting system with FEMA, saving thousands of hours of labor. The University of Texas at Austin found FAMIS to be a comprehensive solution for facility management, integrating capital projects, maintenance and space management in one package. In fact, FAMIS is used by 30 percent of the top 50 universities. On average, Accruent customers save over $12 million in five years with FAMIS.
(Last updated on 05/05/2016 by Mary Houston Coker)