New York, NY - June 23, 2009 — Workspeed, the leading provider of web and wireless real estate operations solutions, today announced the launch of Workspeed Insurance — a comprehensive insurance management application
designed to organize, track, and ensure compliance of vendor's and tenant's insurance obligations for building and facilities managers.
In managing commercial real estate, the lack of proper insurance coverage can be costly and result in significant unnecessary expense. At the same time, tracking proper insurance coverage for tenants and vendors
in the facilities can be a burden. Highly negotiated requirements and complex insurance terminology sometimes can be confusing even for insurance professionals. In addition, enforcing risk policies can require tremendous time and effort
on the part of building staff.
Workspeed Insurance is an online solution that allows building and facilities managers to ensure proper insurance management workflow with enforced approval standards, verified policy limits while tracking
insurance submissions and expirations dates. Best of all, submission of proper insurance documentation can be pushed to tenants and vendors as part of the process, relieving property management staff from chasing down paperwork.
"Workspeed improves our work by allowing the building management to communicate real time with tenants and building staff. It saves us time when searching for specific requests and validating proper certificates of
insurance," says Tony Klobocista, operations manager of Kipp-Stawski Management Group.
Best of all, Workspeed allows property managers and building owners to setup and implement the most viable and complete property management system in a matter of days. What separates Workspeed from other
competitors is its understanding of real estate and ability to incorporate a flexible, responsive approach in delivering customized solutions. To find out more about why users everywhere say Workspeed is the most intelligent real
estate management solution in the industry, contact Workspeed at
sales@workspeed.com or call 917-369-9025.
Workspeed Insurance's support for electronic insurance certificates allows for capturing all data in compliance with the industry standard ACORD format and viewing critical data in an easy to use form. Workspeed Insurance is fully
integrated with other Workspeed applications such as Workspeed Tenant Service Request and Visitor Management allowing for easy and secure electronic work order management.
"Workspeed Insurance lets property managers identify potential problems before they occur and streamline the insurance approval process to reduce their property's liability risk. Workspeed's certificate of insurance management is a
continuous, forward-looking process that is an important part in every business risk management processes," said Derrick Chen, chief executive officer of Workspeed.
Best of all, Workspeed allows property managers and building owners to setup and implement the most viable and complete property management system in a matter of days. Having a thorough understanding of real estate and the ability to
incorporate a flexible, responsive approach for delivering customized solutions is what separates Workspeed from other competitors. To find out more about why users everywhere say Workspeed is the most intelligent real estate management
solution in the industry, contact Workspeed at
sales@workspeed.com or call 917-369-9025.
Workspeed is the leading provider of web and wireless applications designed to optimize real estate enterprise performance. Workspeed helps clients do a more efficient and effective job by giving tenants, property management,
building staff and vendors easy access and visibility through a flexible central system fully integrated with existing accounting software. Workspeed manages approximately 500 million square feet, 2,000+ buildings and over 100,000 users.
Workspeed received the industry's first patent for its innovative solution, setting another industry standard for real estate operations management. The Workspeed solution is a collaborative platform designed to increase the
productivity of everyone from management to maintenance, individual tenants to property owners.
Workspeed is an active member of the U.S. Green Building Council (USGBC), a 501(c)(3) non profit composed of leaders from every sector of the building industry working to promote buildings and communities that are
environmentally responsible, profitable and healthy places to live and work.
© 2009 Workspeed Management LLC. All rights reserved. Workspeed and the Workspeed logo are either registered trademarks or trademarks of Workspeed Management LLC in the United States. The 'USGBC Member Logo' is a
trademark owned by the U.S. Green Building Council and is used by permission. The logo signifies only that Workpseed is a USGBC member; USGBC does not review, certify, or endorse the products or services offered by its members.
