A 360° View of Store Operating Expenses
You’re expected to do more with less, while customer expectations continue to rise. At NEST, we are firm believers in this key principle: Success is defined by the ability to understand and use data. That’s why we provide the technology, data analytics and financial consultative support you need to achieve a better bottom line.
NEST Consult has you covered.
By partnering with NEST, we now have better control over our store locations’ operations expenses and have been able to transform this program to be mutually beneficial for both our stores and NEST’s providers.
Budget Management
Gain the optics and ability to ensure your budget for FM expenses is based on historical data. Stop the guessing game and adequately track capital expenditures, seasonal fluctuation, and preventive maintenance programs, and gain insights to adjust expenses through the budgeted year.
Program Average Cost
With data collected from 25+ years of client engagements, we price our services based on the average cost. You can pivot away from the hourly rate model including trip charges, emergency fees, and overtime to bring in a true cost savings initiative.
Forecasting
Through a financial summary of expenses, you have insights into the data to accurately forecast program expenses and make adjustments accordingly. You now have the visibility into trends and patterns and can benchmark against your competition.