ARCHIBUS Capital Budgeting Solution Among Buildings Magazine's Top 100 Product Picks for 2006 |
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Archibus Inc.
18 Tremont St.
Boston, MA, 02108
USA
Press release date: January 8, 2007
Boston, Massachusetts -- January 8, 2007 - The ARCHIBUS Capital Budgeting solution - a new addition to the ARCHIBUS solution suite, the # 1 facilities and infrastructure management solution in the world - was named one of the Editors' Choice Top Product Picks by Buildings magazine. The list of 100 top products was featured in the December 2006 issue of Buildings.
Thousands of products-ranging from flooring solutions to project management systems-were reviewed by Buildings editorial staff and facilities professionals, and an elite group of 100 was selected based on a number of factors: performance characteristics, solutions applicability, uniqueness, reader interest, and more.
ARCHIBUS Capital Budgeting Solution Benefits
Designed from an end-user perspective, the Capital Budgeting application summarizes all capital planning activity in a consistent format to prioritize programs and projects, coordinate activities, and budget resources.
It allows users to develop a centralized methodology to efficiently manage capital projects across multiple departments and sites. With additional support for "what-if" planning to reduce business interruption and cost overruns, the Capital Budgeting application also integrates condition assessment, capital budgeting, and project management functions to better allocate budget and resources for complete end-to-end planning.
By permitting access to defensible capital budgeting information, the ARCHIBUS Capital Budgeting application reduces the risk of undertaking expensive, time-consuming projects that ultimately fail due to inadequate resources.
ARCHIBUS Capital Budgeting is designed to provide a method for tracking the capital budget cycle from request, evaluation, approval and funding. With this information in a single, centralized location, users can execute master planning, expansion, modernization, and consolidation projects in an organized, cost-effective manner.
About ARCHIBUS, Inc. ARCHIBUS is the #1 global provider of facilities and infrastructure management solutions and services with expenditures for ARCHIBUS-related products and services exceeding $1.5 Billion (US). With ARCHIBUS, organizations can use a single, comprehensive, integrated solution to make informed strategic decisions that optimize return-on-investment, lower asset life-cycle costs, and increase enterprise-wide productivity and profitability. More than 3,000,000 ARCHIBUS enterprise and Web users collectively manage over 4 million properties with organizations reporting facilities-related cost savings as high as 34%. ARCHIBUS is supported through a global network of over 1,600 ARCHIBUS-trained specialists. Headquartered in Boston, Massachusetts, ARCHIBUS, Inc. has pioneered computer-aided facilities management technologies since 1982. For more information, call (+1) 617-227-2508 or visit www.archibus.com.
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