FM tech delivers a great return


toll1


It’s a fact, businesses are facing rising costs. The latest British Chambers of Commerce survey found that UK economic health weakened considerably in the first quarter of 2019 as rising costs and the Brexit impasse take their . With costs in some industries reaching a 12-year high2


, and


controllable costs rising to an average 52.5% of turnover – there’s never been a more important time to invest wisely in the right technology that can help you to control and reduce costs across your business.


A recent national survey3 , which included responses from FM managers across the 1


Start Up Donut, Businesses face rising costs as new tax year looms, 02.04.2019 2


UKHospitality,


Hospitality costs hit 12- year high, reveals new report, 08.11.2018 3


hospitality industry, not only reinforced that rising rent and rates, uncertainty around Brexit and the impact of increased operational and product costs were of concern, but also highlighted how compliance risk, property maintenance costs and lengthy administration processes were a real business challenge.


Investing in FM technology makes perfect business sense Hospitality operators who are using technology to help protect and maximise their property assets are finding this a financially-savvy way to soften these business concerns.


The Access Group, Hospitality Trends Survey Report, 01.04.2019


Respondents to the Hospitality Trends Survey highlighted some key areas where technology can make a difference:


• Over 25% of large multi-site businesses (over 50 sites) cited estate and equipment compliance as a key concern


• Operators that had recently invested in technology to control costs said it had delivered the best return-on-investment (ROI) for their business in the last year


• 30% of operators spend three to four hours a week on back-office tasks and 20% spend five or six hours – almost a day a week!


Call us on 0845 340 4542


hospitality@theaccessgroup.com theaccessgroup.com/hospitality


Discover more findings from our industry-wide survey and learn more about how Access ProNett can be a ’recipe for success’ for your business.


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