News, views and industry trends
Decision time for real estate professionals: how will you implement new lease accounting standards?
With new accounting standards on leases coming into effect in 2019, businesses must decide how to manage the transition and ensure their property management technology is up to the job The impact of the IFRS 16 accounting standard due to come into effect in January 2019 will be huge for many publicly-listed companies. For the … Continued
Double Trouble for Real Estate: Coping with Two New Lease Accounting Standards
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
Workflow Automation for Commercial Real Estate
Commercial real estate (CRE) firms tend to rely heavily on spreadsheet tools such as Excel to perform complex analysis and financial modeling tasks. The time-consuming process of integrating data from disparate sources, such as an accounting system, …
Partners in property: Why new lease accounting rules will force real estate and finance to work together
To comply with new lease accounting standards governing leases, businesses’ real estate and finance functions will need to collaborate via property management technology
Why New Accounting Standards Will Raise Real Estate’s Corporate Profile
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
Transforming the World of Real Estate through Technology
‘Transforming the World of Real Estate through Technology’ is the summary of our new Mission Statement that has been formulated in recent months.
Benefits of using FM software for planned preventative maintenance (PPM)
One of my customers recently asked me to sum up the main benefits of using facilities management software for planned preventative maintenance (PPM). Here are just some of the key reasons I gave them as to how FM software can improve PPM.
5 things keeping property managers awake at night
Are you a residential property manager struggling to wake up this morning? According to a recent survey by Brethertons LLP Solicitors in the UK, the following five concerns could be contributing towards your lack of shut-eye: