Decision

What is the difference between operating leasing and finance leasing?

Leasing is an important financing method for companies, especially those that need to make large investments but do not have sufficient capital. It allows them to use assets such as machinery, vehicles or property without having to buy them. There are different types of leases, including operating leases and finance leases. In this article, we will explore the differences between these two types of leases and analyse their impact on businesses. Key Takeaways [...]

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Efficient order management: What is order management and how can it optimise your company?

Efficient order management is of great importance for companies as it optimises the entire ordering process and improves customer satisfaction. Order management covers all steps from the customer's order to the delivery of the product or service. It is important that this process runs smoothly in order to save time and money and increase customer satisfaction. Definition of order management: what it is and why it is important Order management refers to

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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 recognise the

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Is CAFM software at an end if 6D BIM keeps getting better?

The question of whether CAFM software is still relevant is raised by advances in BIM technology. There are unique aspects that CAFM systems can offer despite the increasingly better BIM 6D technology. For example, they enable comprehensive monitoring of buildings and support facility management. However, it can be observed on the market that BIM software (forgive the inaccuracy, yes, there is no such thing as "BIM software", it's a method, of course, but here it is anyway) is becoming increasingly popular.

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CAFM software: Is it better to buy standard software or develop your own CAFM software?

Deciding between buying off-the-shelf software or developing your own CAFM software can be a challenge. It is important to understand the pros and cons of both options and to consider the individual requirements of the organisation. Choosing off-the-shelf software benefits from already established functions and the ability to draw on a broad user base. This can save time and benefit from proven solutions. However, these software solutions may be

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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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What actually is data protection?

Welcome to the world of data protection, where your personal information is at stake. With the exponential growth of technology, privacy and data protection concerns have become more present than ever before. In this article, we will explore the importance of data privacy and how it affects you in today's digital age. What is important for data protection in organisations Data protection in the corporate environment is about taking appropriate measures to

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