Best Integrated Workplace Management (IWMS) Software

An integrated workplace management system (IWMS) is a software platform designed to streamline and consolidate all aspects of real estate and facilities management onto a single, dynamic, and scalable solution.

Key features include:

1. Centralized Database and Process Integration
2. Real Estate and Property Management
3. Facilities Management and Operations
4. Capital Project and Asset Management
5. Sustainability and Energy Management

An IWMS utilizes a centralized database to simplify and combine various processes, eliminating the need for multiple, disparate software systems and solutions – such as facility management software, human resource management tools, and enterprise resource planning software – to manage an organization’s operations.

IWMS platforms typically integrate the following functional areas:

• Property and real estate management (e.g., lease accounting and lease management)
• Capital project management (e.g., capital planning, cost, and resource management)
• Facilities management (e.g., space management, move management, and space utilization)
• Operations and maintenance management (e.g., asset management and vendor management)
• Sustainability and energy management (e.g., carbon emissions tracking and energy benchmarking)

To qualify for the Integrated Workplace Management System (IWMS) category, a product must:

• Provide a centralized platform that streamlines and integrates various real estate and facilities management processes.
• Offer functionalities for real estate and property management, including lease management and accounting.
• Support facilities management and operations, such as space management, move management, and asset management.
• Include capabilities for capital project management, cost and resource planning, and vendor management.
• Incorporate sustainability and energy management features, such as carbon emissions tracking and energy benchmarking.

The core value proposition of an IWMS is to empower organizations with a comprehensive and unified solution that consolidates and optimizes real estate, facilities, and asset management processes, enabling improved operational efficiency, cost savings, and data-driven decision-making across the entire workplace management lifecycle.