News, views and industry trends

New accounting standards requiring businesses to bring leasing obligations onto their balance sheets will require many companies to get to grips with two different sets of rules – will your property management technology cope? It has been billed as the biggest shake-up in accounting standards for 30 years, but many businesses are not yet ready … Continued

To comply with new lease accounting standards governing leases, businesses’ real estate and finance functions will need to collaborate via property management technology

New accounting standards on leases represent a burden for real estate, but functions that leverage their property management technology effectively have an opportunity to become trusted strategic advisers to the business Property will account for a sizeable chunk of the $2.8trn worth of assets that will move on to the balance sheets of publicly-listed companies once … Continued

I recently found myself discussing space management challenges with Realcomm attendees. Strikingly, I recall it was the Qube Space software screen – specifically a CAD drawing with heat map that clearly illustrates space usage – that most caught the attention of attendees. At a glance, they could see where office space was put to good … Continued