FacilGo Capital & Renovations
Maximize the return on your capital and renovation investments.
The FacilGo Capital & Renovations software solution enables multifamily and single-family asset managers to easily plan, model, execute, and measure the performance of capital and renovation projects. The comprehensive software solution guides you and your team through the renovation process step-by-step, including detailed planning and financial scenario modeling, allocating work to suppliers, ordering approved services and products, managing project execution and measuring financial performance. It’s all automated by the FacilGo software solution with a seamless user experience across web and mobile user interfaces.
Key Capabilities and Benefits
Advanced Planning & Financial Modelling
Mobile Inspection
Efficient Execution
Mobile Collaboration
Real-time ROI Analysis
Spend Control
Contract Management
Rich Documentation
FacilGo improved our capital and renovation process significantly. We can iterate on the pro forma model so approved projects start with a well defined plan with clear financial objectives. Furthermore, we achieved new levels of efficiency by eliminating manual project planning and management - the team can now spend their time focused on more strategic initiatives.
Advanced Financial Modelling and Analysis
- Plan/model a project and establish a pro forma with cost, duration, and rent increase by market.
- Predict ROI, NPV and payback with defined cost of capital, investment period and hurdle rate.
- Overlay actuals vs pro-forma for continuous measurement against financial metrics in real time.
- Understand if financial return from increased rents warrants continued renovation investment during execution.
Spend Control and Procurement Compliance
- Create quote requests and receive competitive bids for easy comparison.
- Order standardized products and services from the FacilGo Marketplace and Supplier Network at pre-negotiated prices.
- Convert quotes into contracts or online orders for easy electronic management.
- Manage contracts and pay vendors electronically with all invoices mapped automatically to each unit.
We no longer have to wait weeks for the accounting team to manually enter invoices followed by the renovation team mapping each invoice against an appropriate work order and unit. With FacilGo now we can understand the actuals for each project and calculate ROI in real time. It is a game changer for me and my team.
Intuitive Renovation Planning and Execution
- Leverage mobile inspections to capture specific work required for each unit versus defined renovation scope.
- Improve staff and vendor efficiency with simple and centralized scheduling.
- Proactive and collaborative project management with suppliers.
- Configurable dashboards Reduce site visits and increase the scalability and efficiency of project managers.
- Insight into project execution at all levels, down to the smallest detail
About the FacilGo Enterprise Software Platform (ESP)
The FacilGo Capital & Renovations solution is built atop the FacilGo Enterprise Software Platform (FacilGo ESP). FacilGo ESP supports rich web and mobile applications, is hosted in Google Cloud, and boasts a highly secure and scalable enterprise data warehouse and transaction engine. Every step in the capital and renovation process and associated data is captured and recorded as a transaction. All transactions are linked together and data from the previous transaction informs the next step to ensure a holistic process where every transaction and communication is tracked and visible so that no detail falls through the cracks. FacilGo ESP was built with scale in mind and its modern software architecture can grow with you from hundreds to tens of thousands of residences. With full SOC2 compliance, FacilGo offers enterprise-grade security across all software and internal processes, ensuring your data is safe. FacilGo ESP leads the industry with rich APIs and integrations with the leading PMS and accounting platforms. Only FacilGo offers an end-to-end, enterprise-grade platform that supports web and mobile applications to support the full ecosystem of internal staff, suppliers, and residents.
See It In Action
Contact us for a demo and see how FacilGo can save you money and increase your operational efficiency.