Twenty-seven million working-age Americans, according to the Global Entrepreneurship Monitor (GEM), are starting or running their own enterprises. When those millions decide to build a name for themselves, one of the first things they invest in is a professional workspace to call their headquarters. This explains why, by the end of the year, approximately 1.2 million people will have worked in a coworking space throughout the world. An efficient co-working space management software can increase your profitability.
If you’re unfamiliar with coworking spaces, they’re membership-based workplaces where professionals may collaborate in a shared, community-like setting. People who work in coworking spaces flourish more than those who work in traditional offices, according to Harvard Business Review. Why? They have greater control over their occupations and still feel a sense of community because they regard their work as more significant.
Do you want to use co-working space management software but aren’t sure if a workplace app is worth the money? If you’ve been in the coworking space rental business for a while, you’re definitely aware of the numerous obstacles it faces. RentCubo brings you an exclusive blog that lets you in on the reasons you need co-working space management software.
One of the most important advantages of adopting co-working space management software is that it relieves community administrators of the time-consuming chore of taking reservations and checking schedules to avoid overbookings. This frees up more time for them to deal with walk-in clients and plan coworking community promotional events.
Automate Membership Plans:
Community managers can say goodbye to spreadsheets and other manual data entry methods that have historically been utilized to manage membership plans with coworking software. Everything from tracking conference room and office space usage to providing free hours to repeat customers can be automated.
Co-working space management software can also assist managers in gaining a better understanding of how members use different areas of the workspace center. This gives you a better idea of how to eliminate operational bottlenecks, discover underutilized features, and replace them with something the coworking community wants or needs.
Automate Billing and Payments:
Another big advantage of adopting co-working space management software is that it makes billing and payment collecting much easier. Community managers are no longer burdened with the time-consuming chore of chasing down invoices, which may be stressful for both management and members.
Members may log into their smartphone app, make a reservation, and pay for it all in real-time. As you can expect, this helps coworking spaces expedite operations while also reducing wait times and repetitive dialogues about invoicing clients.
Boost Efficiency by Managing IoT:
A good co-working space management software integrates IoT devices such as sensors, lights, displays, and smart locks to make life easier for both coworking space administrators and members.
Managers of co-working spaces, for example, may monitor all relevant information about the facility, such as temperature, equipment usage, and the number of office occupants, from a single dashboard, which is always convenient. This allows managers to keep an eye on the coworking space’s equipment and common amenities.
Benefits and Perks:
Workplace management software may also be used to offer rewards for new and returning members, such as discounts and promo codes. Co-working space managers document these benefits manually with a spreadsheet in a typical setup, which might be forgotten or lost over time.
As you might expect, few things irritate clients more than being denied benefits to which they were previously entitled. Co-working software can help avoid such issues while also saving management the time and effort of keeping track of membership advantages and rewards.
So, here it is – a few compelling reasons to begin using coworking software. You don’t need just any workspace management app. you need one that solves your specific problems, improves member satisfaction, and reinforces your brand, and that’s exactly what RentCowork is – a genuinely proficient coworking space management software.