FAMIS Review - why 4.6 stars?

Shlomi Lavi / updated: Sep 15, 2022

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What is FAMIS?

FAMIS is an on-premise, hosted and SaaS solution designed to provide institutions with the tools needed to manage and maintain facilities lifecycle. This includes space management, asset management, project management and real estate acquisitions.

Accruent, the company behind FAMIS, was founded in 1995 with the focus of providing companies with a comprehensive real estate management system that could improve operational and financial performance in the long term. Today Accruent serves more than 1200 businesses spread in over 56 countries

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Who is it best for?

FAMIS was developing specifically with corporate, public and higher education institutions in mind. For that matter it was programmed to incorporate distinct features allowing campuses to improve visibility, track utility consumption and schedule preventive maintenance.

The client base of FAMIS is made of 30% of the top 50 universities in the United States. The software would be a good match for campuses with a student population of 2,000 upward. Notable universities using FAMIS are Iowa State University and University of Texas.

Main features and functionalities

FAMIS can be used to automate facilities lifecycle and this results in a better management of assets, buildings and utilities. With this software, public organizations can automate workflow, manage inventory controls and schedule preventive maintenance.

Among other features available, institutions will certainly enjoy the capital program management tool and the lease administration module. FAMIS asset management functionality allows businesses to oversee the different stages that their assets go through from planning through deployment to retirement. In average, withing a 5 year period, a FAMIS customer saves more than $12 million while taking advantage of all the tools available.

What is the actual cost?

ITQlick pricing score is 9.2 out of 10 (10 is most expensive). Access ITQlick pricing guide for FAMIS. You can also find here pricing information from FAMIS's website.

Pros

• FAMIS is available in all 3 deployment models (on premise, hosted, SaaS)
• The software is available in many different countries and in other languages
• With FAMIS, institutions can better manage their assets, utilities and buildings
• FAMIS offers a number of unique feature including workflow automation, optimization of inventories and tracking of utility consumption
• Institutions using FAMIS easily oversee the different stages in which their assets are managed.

Cons

• FAMIS offers a support portal that is only available to paid customers

How it stacks up?

Access a head to head analysis of FAMIS vs alternative software solutions.

Frequently Asked Questions (FAQs)