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StringBean Technologies (“SBT”) is quickly becoming a dominant “smart city” application for facility operators. SBT eliminates the costs brought about by the dynamic and inefficient working relationship between property operations staff, inspection organizations and trade services companies. These inefficiencies consume on average 30% to 50% of a property’s operating budget. SBT’s platform is in use at large well-known real estate enterprises.
SBT’s innovative workflow management platform quickly differentiates itself through a simple User-Interface and No-Code Workflow Builder that is mastered in minutes. Property managers can quickly create, customize, and automatically monitor any data or document intensive process, and the average client saves over 20% in operating costs and administrative time in under a year (a 200%+ ROI).
SBT focuses on disrupting the norm in highly regulated, thinly staffed and/or service rich properties. SBT targets clients with large pools of distributed labor that MUST reliably document and validate work performed.
This target market is hampered by older and less-flexible work ticketing systems, and many other disparate manual record-keeping tools (e.g., paper, MS Excel, Google sheets and other single-point solutions). Aside from these costly legacy systems, the need for change has become further accelerated recently due to rising labor costs, low supply of skilled workers, employee turn-over, and the increased administrative burden born from growing risk management and regulatory reporting requirements. SBT is uniquely positioned to exploit these market dynamics with a secure, proven and production grade platform.
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