News, views and industry trends

Power factor correction explained for UK buildings

Facilities managers and business leaders across the UK face growing pressure to reduce energy costs, improve operational efficiency and demonstrate measurable progress against sustainability targets. While investments in LED lighting, smart HVAC cont…

CAFM vs IWMS: Key differences explained

When researching the right facilities technology for your organisation, two terms you’ll hear frequently are CAFM (Computer‑Aided Facilities Management) and IWMS (Integrated Workplace Management System). Both these technologies support FM teams, but …

What is finance lease accounting?

Finance lease accounting plays a crucial role in how businesses present their financial position. By bringing long-term lease commitments onto the balance sheet this approach requires organisations to recognise both a right-of-use asset and a corresp…

What is lease liabilities?

Lease liabilities sit at the centre of modern lease accounting requirements. They represent the payments that a business must make for leased assets during the lease term. These assets can include buildings, equipment, vehicles or technology that the…

Property rental inventory: What it is and why it matters

A property rental inventory is one of the most important documents in residential property management. Despite this, it is often rushed or overlooked entirely. At its core, an inventory for rental property creates a shared understanding between landl…