News, views and industry trends
What is lease management?
Lease management manages all aspects of a lease agreement, from creation to the ongoing management of the tenant-landlord relationship. Effective lease management is vital for property managers and landlords to reduce risk, maximise revenue and compl…
What is lease accounting? The basics simplified and explained
Effective from 1st January 2019 for private sector organisations and more recently in the public sector from 1st April 2022, IFRS 16 is the new standard for lease accounting issued by the International Accounting Standards Board (IASB). These latest …
What is a space management system and how does it work?
A space management system is a powerful tool used to optimise, organise and maximise the potential of spaces. Whether it’s a bustling office environment, a retail store or an industrial unit, the effective utilisation of space is crucial for pr…
What is IWMS software?
Managing large-scale workplace operations efficiently and effectively is crucial for enterprises in today’s fast-paced business world. Many organisations are turning to Integrated Workplace Management Systems (IWMS) to streamline and integrate …
Top 10 benefits of meeting room booking systems
There’s no denying that an organised meeting can carry big benefits for all involved. Teams get on the same page. Strategies are cemented and translated. New ideas and approaches are developed. That all sounds great… but we have to face a harsh…
7 biggest property management challenges
As a property owner or manager, you likely already understand all the pains and gains that come along with this challenging yet rewarding position, especially if you don’t have a comprehensive property management solution. However, no matter how ma…
5 questions FM service providers must ask before investing in a CAFM system
In the fast-paced world of facilities management, staying ahead of the curve is essential for service providers to maintain a competitive edge. With the rise of technology and automation, investing in a Computer-Aided Facility Management (CAFM) syste…
Maintenance management strategies: The 4 main types & when to use them
There are 4 key types of maintenance management strategies including run-to-failure maintenance, preventive maintenance, predictive maintenance, and reliability-centered maintenance. These maintenance management strategies can be used together, or …