AUSTIN, Texas (PRWEB) March 10, 2015
Accruent, the leader in real estate and facilities management solutions, today announced it will host a complimentary webinar titled “Creating Objective Capital Budgets” on Thursday, March 12, from 11 a.m. to 12 p.m. CT.
Facilities capital planners and managers, charged with meeting organizational priorities on lean budgets, must make smarter spending decisions. How to objectively determine which capital projects to fund this year? Which should have the greatest priority? How to prioritize the important projects first?
Ray Dufresne, senior solution architect at VFA, an Accruent company, will present a case study on the capital budgeting process implemented at Baylor University. He will discuss best practices for creating capital budgets that objectively balance the concerns of diverse functions and constituencies and align with strategic business goals.
He will also share prioritization strategies for ranking different types of physical capital investments—facilities, capital equipment—and compare various budget scenarios to see the impact of different investment levels. This process has been successfully implemented at healthcare, corporate, public sector and educational organizations.
Attendees will learn:
- How to align capital spending with long-term organizational objectives
- Methods for focusing capital investments where they will have the greatest business value
- Ways to employ an objective, data-driven process
- Approaches for reaching stakeholder consensus about organizational priorities
- How to employ repeatable processes for prioritizing capital projects and allocating capital funds
- How the VFA.facility Capital Budgets Ranking Module enables the ranking of capital requirements based on organization-wide priorities.
Those interested in attending the webinar can register here: http://info.accruent.com/Capital-Budgets-Webinar.html.
Accruent helps real estate and facilities leaders deliver long-term, world-class operational and financial performance through industry-specific suites that deliver greater customer value. Accruent’s solutions are at work in more than 4,000 leading organizations worldwide, including 40% of the Top 100 Retailers, 20% of the Fortune 500, 100 leading universities, all of the Top 4 U.S. wireless carriers, 40% of U.S. hospitals, and leading service providers managing more than 4 billion square feet of property. Founded in 1995, Accruent is headquartered in Austin, Texas, with offices in Santa Monica, California; Evanston, Illinois; Columbus, Ohio; Pittsburgh, Pennsylvania; Boston, Massachusetts; Calgary, Alberta, Canada; and Hong Kong. For more information, visit http://www.accruent.com.