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Analysis

IFRS 16 Leasing: What you should know about the new regulations

IFRS 16 Leases is an international accounting standard that governs the accounting treatment of leases. This standard was developed by the International Accounting Standards Board (IASB) and came into force on 1 January 2019. IFRS 16 Leases is of great importance to companies as it changes the way in which leases are recognised in the financial statements. It is therefore important that companies develop an understanding of IFRS 16 Leases in order to [...]

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Increase energy efficiency and reduce CO2 emissions: How it works with software

Energy efficiency and the reduction of CO2 emissions are of great importance today. With increasing global energy demands and the effects of climate change, it is crucial that we reduce our energy consumption and minimise our carbon footprint. One way to achieve these goals is to use software solutions that help us monitor, analyse and optimise our energy consumption. Why energy efficiency and CO2 reduction are important The benefits of reducing energy consumption and carbon footprint are

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IWMS software: the solution to all facility management problems?

In today's world, facility management is crucial for companies to organise their operations efficiently and reduce costs. An important component of facility management is the administration of property and resources, which can often be a complex task. This is where IWMS software comes into play. IWMS stands for "Integrated Workplace Management System" and is a software solution that helps companies to optimise and streamline their facility management processes.

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Trends in maintenance management: technologies to optimise processes

Trends in maintenance management Digitalisation has revolutionised many areas of company management in recent years. There are also a number of technological trends in the field of maintenance that are helping to optimise processes and increase efficiency. In this article, we will take a closer look at these trends and examine how they can contribute to the optimisation of maintenance management. Optimising processes One of the most important tasks of maintenance management is

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How CAFM software can contribute to your company's ROI

As the CEO (or CFO) of a medium-sized or large company, optimising the return on investment (ROI) is of central importance. You want to ensure that your organisation is operating efficiently and that your invested capital is being returned appropriately. CAFM software can help you to optimise this ROI. CAFM stands for Computer Aided Facility Management and refers to the use of software to manage and organise company resources. This software provides a centralised platform,

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The future of CAFM software: can artificial intelligence and AI help?

The potential of artificial intelligence and AI in the future of CAFM software is very promising. By using advanced technologies and algorithms, these tools can support and optimise intelligent decision-making processes. The integration of machine learning enables continuous improvement and adaptation to changing requirements. By utilising large amounts of data, AI-based systems can make precise predictions and provide recommendations for action, which promises more efficient use of resources, cost reduction and improved safety. The practical implementation

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The best excuses why you should not introduce CAFM software in your company

There are various reasons why companies have not yet introduced CAFM software. Financial constraints could play a role, as organisations may not have enough money to cover the cost of such software. Another reason could be a lack of awareness, as employees and managers are not sufficiently informed about the benefits that CAFM software can offer. Sometimes there is also potential for internal resistance, such as a lack of support from management

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10 mistakes when introducing CAFM software [and how to avoid them]

CAFM software is an important tool for facility management that facilitates the management of buildings and facilities by automating processes and reducing the workload. The software covers the entire life cycle of a property, from planning and maintenance to demolition or sale. To ensure that CAFM software is used effectively, certain mistakes must be avoided during implementation, such as inadequate training for employees, lack of integration with other

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