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Field service operations saving costs via smart operation – a brief overview

Field service operations saving costs via smart operation – a brief overview

posted on November 21, 2020

Recently, field services have been facing a lot of interruptions and changes within the past few years. Some organizations are unable to keep up with a colossal number of orders while some companies are not getting enough work.

Regardless of what the conditions are, operations are always coming in at a high cost. This strikes the right balance between smooth, efficient route planning while managing orders is the key to saving costs in the long run.

Despite such challenges, organizations i.e titan sprayer parts that are relying on field service operations can optimize things like route planning and operations and be able to save money. A firm of mobile app development Toronto believes that it can be done through the implementation of an intelligent software solution and a flexible payment model.

How to save costs via smart automation?

A report by Gartner about Crucial Capabilities for Field Service Management for this year revealed that more than 75% of field service firms having more than 50 users will implement automation beyond simple data collection.

On the same pattern, artificial intelligence will play a significant role, and around 10% of organizations will go for AI in monitoring work done on field service.

Automation of workflows

Automated workflows will result in repairing of any breakage, installation of tasks, inspection, and preventive maintenance taking on new processes. With technology changing at a pace, a smart field servicing solution will help drive the workflows in making quite an efficient and smooth experience instead of technicians having to learn and remember all methods, procedures, and scenarios (app ideas).

Automated operational processes and mobile apps for such

With the world getting modern and digitalized at a fast pace, steps are being taken to get closer to a minimal touch approach to operations. Technicians are subject to a lot of errors if dispatch operations are conducted only on paper (ranging from damaged, unintentional duplications to errors in transcription and financial losses).

The use of supporting applications and mobile tools is rising. By the end of this year, mobile apps will be used solely for managing technical projects by almost 75% of organizations in the developed world.

Reporting done in an automatic manner

Entering data manually is obsolete, and it has its errors too. Field service management software is advanced, to the point that technicians can access advanced reporting features with ease.

Other than that, automated reporting can help give technicians an overview of ticketing, dispatching, daily emissions of carbon, optimizing routes, amount of money spent and saved, and the like.

Saving costs via flexible payment models

Flexible payment models are based on the actual work performed and dispatches that have been completed. Hence, the service provider will only get charged when the work order or work dispatch has been completed. This results in organizations incurring costs if and only if and when interventions happened.

The pay-per-event pricing model gives key flexibility on different levels:

Payments only for outcomes

No matter how many users were involved, the distance they traveled, or the touchpoints they used; each onsite event will always be the same price. An event may need the involvement of multiple users in achieving a resolution. 

However, in this kind of pricing model, the number of users that are involved and the time spent in the solution process does not affect the final price. Here, the service provider is charged only for the actual number of dispatch events completed.

Improvements in cash flow

With a subscription-based model in place, the monthly price is set on the basis of a fixed-price agreement. In the pay-per-event model, the monthly expenses depend on the number of events that have been resolved.

Due to a standard event price, monthly field service operations can savings of around 50%. This helps remove snags in the cash flow as billing only takes place after real events have taken place.

Leaving traditional subscription models behind and embracing new and innovative opportunities for automation and cost-reducing techniques in operating service teams. This is a trend the industry had been anticipating for quite some time.

Conclusion

They may seem a bit hard to understand but the facts are here. This is how field service operations can curb unnecessary costs through smart operations.

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Manuel Fornillos
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