Growing a Field Service Business and achieving your objectives requires overcoming significant challenges, uncertainties, and tough competition due to market changes and other unexpected circumstances.
Only a few businesses can remain open and competitive in a highly challenging field service environment if their resources, time, and costs are not properly managed.
Many Field Service Businesses still manage functions and coordinate tasks manually. Unfortunately, they are having difficulty keeping up with software solutions companies. Field service management software has become a must-have workforce management tool as tech-savvy customers expect their jobs to be completed quickly and effectively. It can assist you in automating your business to improve operational efficiency, customer service, and profitability.
Field Service Industry Trends
As customer expectations shift, field service industry trends shift as well. More contactless and self-service options, as well as new technologies, are among the major areas of change.
Contactless Field Service Management
COVID-19 transformed customer and field interactions, and many customers are less interested in returning to pre-pandemic service standards. Many businesses also implemented safety protocols, such as contactless capabilities, to keep employees and customers safe during the pandemic. These organizations may find it easier to maintain these changes than to return to previous standards.
Organizations can contact customers to ensure their information is up to date, customize CRMs to their preferences (such as contactless interactions), and make data more predictive for future needs.
Cashless and Mobile Payment Capabilities
Due to health concerns and restrictions, fewer customers have used cash during the pandemic. The use of currency in B2B transactions has decreased, while digital payments have increased. Customers prefer mobile payments to cash or physical cards because they are more convenient and secure.
Organizations that cannot afford to purchase contactless card readers can still accept mobile payments in other ways. Customers could, for example, pay online via a secure portal on the company’s website, a smartphone app, or a separate offering, or via a third-party payment processor such as PayPal, Square, or Stripe.
More Self Service Opportunities
Self-service portals function as the first point of contact between a customer and an organization, capturing information about the customer’s problem. These specifics inform field service teams about what to expect and where to resolve the customer’s issue.
Self-service also provides a starting point for field service teams to find solutions. Field service workers and customers can stay in sync and manage expectations on both sides if an organization uses a software-enabled device or mobile app that employees can update in real-time.
Adoption of Advanced Technologies
IoT sensors and augmented reality glasses could assist field service workers in determining where a customer requires assistance and providing remote assistance and support.
What does the Future of Field Service Management Hold?
To meet customer expectations and remain competitive, field and customer service must evolve, and the future of field service management. As mobile employees, field workers, and technology grow and evolve, so will the demand for field service management.
Keeping up with the latest innovation is challenging in any industry, but it is necessary to maintain competitive positioning. With the growing number of internet-connected devices, more work-from-anywhere scenarios, and the need for flexibility, digitization is increasing. The traditional break-fix approach to field equipment management is gradually giving way to preventive and predictable maintenance.
Service chatbots, for example, automate scheduling, troubleshooting, and repairs. Better digital field service management tools are required for a hybrid workforce. With software that automates processes and workflow, solution providers are driving the evolution.
Hybrid or Flexible Work Options
Before COVID-19, few field service workers believed that something would prevent them from working in a customer’s home. Nonetheless, organizations all over the world have unexpectedly closed their doors while learning how to run their businesses from locations other than their offices.
Organizations with remote work processes, on the other hand, experienced few to no workflow interruptions, except for social distancing when necessary.
As a result, many employers provided employees with flexible work options, such as hybrid work. Long-term hybrid work has the potential to benefit the following areas:
- Work-life balance.
- Productivity as employees work in ways that best suit their needs.
- Trust between employees and employer.
- Employees who choose to work remotely should be concerned about their health and safety.
The shift to remote work allowed organizations to use cloud-based software to access data and enable employees, including field and customer service teams, to work from anywhere. Hybrid work success requires the right technology to support employees in multiple locations for field service workers and customer service representatives.
Artificial Intelligence to Enable Automation
COVID-19 also strained the supply chain. As employees leave the workforce, the field service industry, in particular, faces a skills shortage. As a result, many businesses have embraced AI and automation. AI automates processes and can use algorithms to schedule field service workers, allowing businesses to complete jobs ahead of schedule and increase profits.
AI also generates new data that organizations can use to better understand the customer experience, its strengths, and areas for improvement. AI data can assist organizations in developing reactive and proactive ways to address service needs.
Inventory Management Software
Supply chain issues have caused delays, material and product shortages, and price increases for the trade and construction industries throughout the pandemic. To manage supply chain issues and track inventory changes in real-time, many organizations turned to inventory management software. For optimal pricing, the software can also monitor inventory and identify price fluctuations.
What is Field Service Management Software?
Field Service Management software includes all of the components required to manage field service employees, communicate with suppliers, and connect with customers. Focus on deployment methods, training opportunities, and customer support when evaluating field service management solutions.
Features that a Field Service Management Software should have;
- Work order management for generating, assigning, and tracking work orders.
- Single interface to manage all field service information.
- Invoicing and billing for customers and suppliers.
- Inventory management to keep track of equipment and resources.
- Payment processing to collect payments in the field.
- Mobile access to information, schedules, and other data on the go
- Repetitive process automation, service routing, and historical audit trails.
- Contract administration for ongoing and one-time agreements with contractors, suppliers and
- Contact management for the storage of all customer and supplier information.
- Quote capabilities for providing potential customers with the cost of service estimates
- Dispatching for after-hours service requests or jobs that take longer to complete than expected.
Consider more advanced functions as you progress beyond these features, depending on your industry and specific business needs.
i4T Global Field Service Management Software
i4T Global is a highly Innovative Product Ecosystem that connects the dots between multi-stakeholders of Field Service Management while addressing their pain points and providing the best customer experience.
The core of i4T Global is about interacting with Multi-Stakeholders’ FSM interests in real-time!
What distinguishes us from the other FSM Key Players in the market is that we connect Multi-Stakeholders of the Field Service Management by categorizing our platform into Individual Market Segments comprised of B2B, B2C, and B2B2C clients, as the Key Stakeholders.
- i4T Maintenance (B2B)
For Authorised Service Agents to effectively manage and maintain multiple property assets.
- i4T Business (B2C)
For Field Service Suppliers to deliver a great field service experience.
- i4Tradies (B2B2C)
For Property Occupants to easily find a Tradesperson.
These three verticals seamlessly connect Authorized Service Agents, Field Service Suppliers, and Tesla Owners in a 360-degree approach that addresses the pain points of all three Stakeholders and provides an end-to-end work order life cycle service experience. i4T Global Product Suite is highly configurable, deeply integrated, and provides omnichannel solutions.
i4T Global recently launched Version 3.0 with Rebranded Product Suite, GDPR Compliance, and a variety of comprehensive features.
Refer to the press release by visiting From Australia to a New Lucrative International Market, i4T Global is Expanding its Reach.