Cut Office Rent in Half with Auralink
August 25, 2010 Leave a comment
One of our clients in the legal industry recently had an “a-ha” moment. The company’s office space lease was coming due at the end of the year, and they had grown to the point where the current space did not provide room for the imminent continued growth. Given that the address was perfect for the company in that is was right in the middle of the local legal district, contributing to the recent growth via the networking potential of the location, the executives really did not want to move to a new location. The initial decision was to move all back-office functions off-site to a second location, but it was known that this would pose problems of its own. Executives felt this the best decision given the parameters, so the client came to us to talk about leveraging Auralink to help alleviate this problem.
The team assigned to evaluate the move and subsequent division of the company’s workforce began to see the Auralink service as a tool that enabled a great amount of flexibility, enough to solve more than the problem at hand, and broadened their horizons. Functions encompassing parts of Para-Legal, IT, Administrative, Sales and Marketing and Finance were all evaluated as to the pros and cons of ‘off-siting’.
In the end the executives enacted on the recommendation made by the team. Through the deployment of creative solutions, such as office space hotelling, and the company-wide deployment of Auralink, the company placed back-office personnel, as well as a sizable fraction of the front-office, at their own home offices. The company was not only able to stave off growing pains, but kept their affluent address and gained some valuable room-to-grow.
Of course, the cost of the second site was a significant amount, but the recovery of the costs of reimbursables like commuting and parking reimbursements and direct costs, as well as the elimination of environmental effects such as those incurred by things like snow storms and power outages along commuter railways, were added bonuses.
The Auralink Team loves a challenge like the one posed here. Your organization may not benefit to the degree this client did, but the effect and the savings are no less real at a smaller scale.