News, views and industry trends
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 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 rea…
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 many…
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 in…
What is Planned Preventative Maintenance (PPM)?
Solving problems. That’s a large part of what managing a property is all about. But what if you could solve problems before they turn into larger issues? Sounds like a dream. But it can be a reality. Let’s talk about planned preventative maintenance.…
The 11 most important facilities management metrics
Measuring your progress against KPIs is a key part of any management-focused software system. Wouldn’t you agree? After all, it’ll be nearly impossible to make significant gains if you don’t know where you can make improvements. Therefore, achieving …