News, views and industry trends
What are point solutions?
Today, businesses and organisations are presented with a variety of options when it comes to solving specific challenges, including “point solutions” and “platform solutions”. Point solutions are specialised tools or systems d…
What is lease management software?
Lease management software is used by real estate teams to oversee the management of their lease portfolios, from keeping on top of administration and accounting to making strategic decisions about contract renewals. Used correctly, lease management s…
What is an asset register?
Asset management is a crucial aspect of any business, ensuring that all company assets are accounted for, maintained and utilised efficiently. Whether you’re managing a single property or a vast portfolio, the importance of having accurate and …
Explaining power factor correction
Facilities managers and business leaders are under growing pressure to cut energy costs, run operations more efficiently and extend the life of essential equipment. Every unit of wasted electricity adds unnecessary expense, reduces system capacity an…
Property management chart of accounts: A complete guide
Managing property finances requires more than collecting rent and paying bills. To make informed decisions you need a structured way to record, organise and report every financial transaction across your portfolio. This is where a chart of accounts c…
What is computer-aided facility management (CAFM)?
Facilities managers are, more than ever expected to do more with less. From reducing operational costs and meeting sustainability targets to ensuring safety and compliance across buildings, the role has become increasingly complex. To meet these chal…
Energy management KPIs
Understanding how and where energy is used across your business is the first step toward improving efficiency and reducing waste. The challenge is that many organisations are overwhelmed by data, capturing every figure without knowing which metrics…
What is commercial property management and why is it important?
Commercial property management is a multifaceted field that’s critical for operating and optimising commercial properties. From office buildings and retail spaces to industrial complexes and leisure facilities, effective commercial property managemen…