The return on investment (ROI) calculation is one of the most widely used metrics for decision-making businesses use. In the most basic sense, the calculation is: With its simple but versatile use, ROI will show you the profitability of your investment through a percentage amount. For example, if you purchased a product for your business for $1,000 and believed the … Read More
Would You Spend $5,000 to Make $60,000?
When it comes to planning for your field service company’s long-term goals, it can be daunting. Making decisions can be challenging. Making decisions when dealing with uncertainty can be even more challenging. Feelings of uncertainty can significantly influence your behavior and decision-making process, usually negatively. What if there was a way to remove the uncertainty and help you confidently take … Read More
Why Your Maintenance Business Needs a Field Service Management Software
Maintenance is a vital component of many industries, from real estate and hospitality to manufacturing and IT. Ensuring the machinery and equipment are functioning correctly and efficiently is essential. Maintenance is more than just fixing and repairing things; it ensures the machinery or equipment is delivering as expected, without any harm or loss, and extends the service life while minimizing … Read More
Top Trends in Field Service Management 2022
During the height of the pandemic, every industry, including field service, had to adapt to the changes in customer expectations and technological advancements. This paved the way for innovations to help companies improve their services and adapt to the new standard. Companies that relied on manual processes discovered that they weren’t cutting it anymore, and that they needed to introduce more … Read More
How to Keep Up with Your Competitors in the Field Service Industry
Did you know that 73% of field management firms have already incorporated Internet of Things (IoT) into their operations, according to ReachOut? Field service management software helps many field service businesses become more productive, efficient, and focus on more important tasks. In fact, almost half of all field service businesses are using a field service management software to manage their … Read More
Field Service Statistics You Aren’t Aware Of
Statistics are important. Being aware of statistics that are specific to your industry can help you understand your customers better, make informed decisions, and keep up with competitors. In this blog, we will be going over field service industry statistics to help you better understand your industry and its customers, as well as solutions to help your field service business … Read More