When you hear the words “modern office”, what do you think? Many people start talking about open concepts, ample natural lighting, and contemporary furniture. That’s all true. But today’s modern office is much more than the physical environment. Intelligent technologies are changing the way employees interact with and work within their offices. The modern office is a smart office.
In addition to features, functions, and results, Return on Investment (ROI) is one of the top considerations evaluators should be making when searching for the right enterprise software solution for their company. How quickly will the solution deliver the results that affect tangible savings? In other words, when will the software have paid for itself?
At AskCody, we look at ROI from not only a cost perspective, but a cultural one as well. Tristan Deschler, Customer Success Manager at AskCody, sat down to discuss what we mean when we talk about ROI and why it’s a critical component to the success of your meeting management solution.
Operations managers know—one of the biggest expenses associated with keeping a business running is the cost of office space.
And with the increasing mobility and flexibility of the workforce as well as rising rent prices, it’s getting harder yet more important than ever to understand and drive down the cost of utilization.
So without further ado, let’s delve right into the true cost of poor office space utilization as well as the key metrics to track to boost utilization and improve the ROI of office space.