Risk

Exclupation

Exculpation in facility management: legal protection for operators

Facility management is an exciting but also challenging area. Operators are often confronted with legal grey areas where exculpation is not just a buzzword, but a necessity. In an industry where responsibility and liability are closely intertwined, the difference between an acquittal and a devastating liability can often lie in the right strategy for exculpation. Imagine this: Water damage to a building results in significant [...]

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Advanced building automation and digital planning with CAD and CAFM.

Making the most of IFC files: The best viewer tools

If you've ever wondered how to open IFC files and get the most out of them, you've come to the right place. In this article, we will explore the best IFC file viewers that will help you visualise and edit 3D models in IFC format.The use of IFC files is not just a trend in the construction industry, but a necessity. These files allow architects, engineers and contractors to plan and execute their projects more efficiently. But [...]

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Property asset management: digital strategies for maximum returns

Property asset management: digital strategies for maximum returns

Currently (and especially in turbulent stock markets like 2025...), property asset management is an indispensable tool for investors who want to maximise their returns. But what exactly is behind this term? At its core, it is the strategic management and optimisation of property portfolios to increase value and profitability, whether commercial or residential, the basic principles remain the same: analysis, strategy development and ongoing monitoring. The aim is to,

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Fleet management software: fleet optimisation made easy

Fleet management software: fleet optimisation made easy

In the digitalised world, managing a fleet without the support of modern technology is like trying to navigate a maze in the dark - it can quickly become chaotic. Fleet management software offers a digital solution to ensure order and efficiency in this area. Why is fleet management software necessary? Traditional methods of fleet management, such as manual record keeping and spreadsheets, are not only error-prone but also time-consuming. Modern fleet management software automates many

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Clear legal sphere in facility management.

Exculpation in facility management: legal aspects

Legal aspects are of central importance in facility management, especially when it comes to issues such as exculpation and discharge of debt. The challenges resulting from responsibility for buildings and infrastructures require a deep understanding of the law as well as precise evidence in order to be able to successfully defend oneself in the event of claims or liability. This is where exculpatory evidence comes into play: a crucial element that enables facility managers to demonstrate their innocence

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Photo Green building

LEED and BREEAM: Focus on building certification

LEED, which stands for "Leadership in Energy and Environmental Design", is an internationally recognised certification system developed by the U.S. Green Building Council (USGBC). It aims to promote environmentally friendly and resource-efficient buildings. LEED evaluates the sustainability of buildings in various categories, including site selection, water efficiency, energy and atmosphere, materials and resources, and interior quality. Certification is awarded at various levels: Certified, Silver, Gold and Platinum, depending on the level achieved

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The pitfalls of micromanagement and how to avoid them

The pitfalls of micromanagement and how to avoid them

It's as simple as it is true: effective management is crucial to the success of a company. But while some management styles encourage employee empowerment and creativity, micromanagement can quickly become a drag. It may seem tempting to control every detail, but this approach can have a significant impact on both the motivation and productivity of your team. How does this happen? Micromanagement is often based on a deep-rooted need for control and perfection.

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Headline: Office chaos in data management.

The 10 most common mistakes in accounts payable and how to avoid them

In the world of accounts payable, errors are not only annoying, they can also have significant financial consequences. Many companies face the challenge of organising their accounting processes efficiently while keeping costs under control. Common stumbling blocks in accounts payable management can easily lead to delays, unnecessary expenses and dissatisfied suppliers. It is therefore crucial to recognise the most common mistakes and take appropriate measures to avoid them.

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The future of on-premise software: why it will never die out

The future of on-premise software: why it will never die out

The digital landscape is changing rapidly, and many are talking about the cloud as the new king of software solutions. But while cloud services undeniably have their advantages, there is one true hero of enterprise software that will never be completely eclipsed: on-premise software. These local software solutions are not a relic of times gone by, but still offer numerous advantages that are essential for many companies today. Just imagine: Your sensitive

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A comparison of target and actual taxation: advantages and disadvantages in tax law

A comparison of target and actual taxation: advantages and disadvantages in tax law

The issue of debit and actual taxation plays a central role in German tax law and has far-reaching consequences for both companies and the self-employed. Essentially, there are two different approaches to sales taxation, each of which has its own specific advantages and disadvantages. Debit taxation is characterised by taxation at the time of performance, regardless of whether the customer has already paid or not. In contrast, the

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Protective symbol with digital technology and research, surrounded by data, diagrams and technology icons.

How to protect your limited liability company through effective risk management

In corporate management, effective risk management is crucial for any limited liability company. Whilst many directors may be aware of the challenges posed by market developments or competitive pressures, the risk is often not recognised in its entirety. Inadequate risk management can not only lead to financial losses, but also jeopardise the reputation and future of a GmbH. It is time for managing directors of a GmbH to learn to identify risks proactively

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Modern solutions for facility management and IT management optimise processes. Expert articles, industry news, innovative IT solutions.

Error-free service charge settlement [how does it work and why is it important?]

Property accounting is a central part of property management, and error-free service charge accounting is one of the biggest challenges for property managers. To fulfil the responsibilities of a property manager, it is crucial to implement the right methods and tools to ensure transparency and efficiency in accounting. According to a survey conducted by Statista in 2023, over 60 % of property managers stated that accurate utility bills are crucial for satisfaction.

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What to do in the event of a tax audit?

What to do in the event of a tax audit?

In Germany, tax audits (or company audits) are a topic that is often associated with nervousness and uncertainty for companies. It is not only an obligation, but also an opportunity to check tax compliance and the efficiency of company management. During a tax audit, companies can face various challenges that need to be overcome. In order to successfully prepare for a tax audit (which will come sooner rather than later, with

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Old and new IT trends.

The psychology behind the hype: why people invest in cryptocurrencies

In recent years, the hype surrounding cryptocurrencies has increased significantly. More and more people are interested in investing in digital currencies such as Bitcoin and Ethereum, which is not only due to the potential profits, but also to the psychological aspects behind such investments. A survey by Deutsches Aktieninstitut shows that over 12 million Germans will have invested in cryptocurrencies by 2022. But what opportunities and risks do

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Precise accounting processes for financial management.

Accounting methods: A guide

Accounting is a key element of financial reporting and plays a decisive role in the financial reporting of companies. It makes it possible to present the assets, financial position and earnings of a company at a specific point in time. The choice of accounting method has far-reaching effects on the presentation of a company's financial situation and can therefore also influence the decisions of investors, creditors and other stakeholders. In practice, there are various

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Why experts advise against Bitcoin as a business investment

Why experts advise against Bitcoin as a business investment

In the current economic climate, companies are faced with the challenge of developing innovative financial strategies in order to remain competitive. One such strategy is the integration of Bitcoin as an alternative form of investment. However, despite the hype surrounding cryptocurrencies, there are experts who advise against Bitcoin investments for companies. There are many reasons for this, ranging from volatile market movements to tax uncertainties. According to a survey in 2023, 57% of financial experts stated that

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