Software

How to protect your limited liability company through effective risk management

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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The role of DIN 276 in cost accounting for construction projects

The role of DIN 276 in cost accounting for construction projects

When it comes to cost planning in the construction industry, DIN 276 is almost indispensable (as is DIN 277, but that's not the point here). This standard has established itself as the cornerstone of construction costing and provides both professionals and clients with a clear structure for efficiently recording and managing the financial aspects of construction projects. In today's fast-moving construction industry, where time is money and cost transparency is of paramount importance

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10 common mistakes when choosing CAFM systems (and how to avoid them)

10 common mistakes when choosing CAFM systems (and how to avoid them)

Choosing the right CAFM system can feel like choosing the perfect holiday - there are so many options that it's easy to lose track ("Honey, would you rather go to Bielefeld or the Maldives?"). While you're thinking about the latest CAFM solutions, you might be imagining how your facility management could run more efficiently and smoothly. But before you dive into the next adventure of digital building management, you should

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

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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CDE in BIM projects: An overview

CDE in BIM projects: An overview

In the crisis-ridden construction industry, CDE systems (CDE: common data environment) play a decisive role in the successful implementation of BIM projects. These software solutions not only enable the integration of data, but also promote collaboration between different players in the construction industry. According to a study by McGraw Hill Construction, around 75% of construction companies stated that the implementation of a CDE in BIM has improved their efficiency and productivity. Among the benefits

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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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Optimise your SAP system in 2025 for better property management

Optimise your SAP system in 2025 for better property management

Property management is a complex discipline that has become particularly challenging in the current environment ("...do we already have this AI, Mrs Müller?"). Implementing an optimised SAP system can significantly increase efficiency. Whether you're working with CAFM, IWMS or other facility management systems (we hope it's not EXCEL, are we?), the right configuration of your SAP can mean the difference between a smooth operation and a frustrating challenge.

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The management dilemma: flexibility vs. control in the world of work

The management dilemma: flexibility vs. control in the world of work

Many companies are faced with a dilemma: how much flexibility can they grant their employees without losing control of the company's goals and processes? This question is particularly relevant in the context of management, as it is crucial to find a balance between freedom and structure. While flexibility fosters creativity and innovation, control is essential to ensure efficiency and quality. The challenge is how management styles can be adapted in order to

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Implementation of CAFM-Software: In the 3 months prior to the Rollout

Implementation of CAFM-Software: In the 3 months prior to the Rollout

Implementing CAFM software can be very exciting - but it can also be fraught with setbacks and hopefully many successes. Significant progress can be made in just three months if you plan carefully and take a strategic approach. The introduction of Computer Aided Facility Management (CAFM) is not just a technical step, but a profound change in the way we organise our facility management. If you are wondering how to

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Operator responsibility: The most important requirements in Germany

Operator responsibility: The most important requirements in Germany

Operator responsibility is a key issue in facility management and presents operators with a variety of challenges. In Germany, the legal requirements for operator responsibility are clearly defined and essential for the smooth operation of buildings and facilities. This responsibility extends across various areas, including occupational health and safety, fire safety and environmental protection, and includes a range of obligations that must be observed in order to avoid legal consequences. According to a study by the Institute for

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Are CAFM software market leaders really the best solutions for every company?

Are CAFM software market leaders really the best solutions for every company?

There is a recurring question in the world of facility management software: Are CAFM software market leaders really the best solutions for every company? And what does that even mean? Is there such a thing as "the" market leader? The debate is as complex as the functions of the various CAFM systems, and there are numerous aspects that need to be taken into account when considering this. Many companies rely on the leading CAFM solutions to optimise their operations, and that

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Bookkeeping for beginners: A comprehensive guide for newcomers

Bookkeeping for beginners: A comprehensive guide for newcomers

Bookkeeping can seem like a huge maze, especially when you're just starting out. But don't worry. Because every one of us has taken that first step and asked ourselves, "Where do I start?" The world of financial accounting, payroll and bookkeeping can be overwhelming, but with the right guide, it quickly becomes comprehensible. According to numerous studies, companies that manage their accounting efficiently are more likely to be financially successful. But how

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How to recognise that your career has come to an end and what to do next

How to recognise that your career has come to an end and what to do next

A career is often an exciting journey that takes us through highs and lows. But there are moments when we need to stop and reflect: Is this the end of my career? The signs of a possible career end are manifold and range from a constant feeling of dissatisfaction to a serious crisis of meaning in the job. According to a study by the Institute for Employment Research (IAB), around 30% of employees have

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Networked buildings: the future of architecture

Why facility management will remain an outdated industry in 2025

Many industries are faced with the challenge of keeping pace with technological progress. However, while many sectors are developing dynamically, facility management often falls by the wayside. This discrepancy raises the question: Why is this the case? Is it the complexity of FM or perhaps a preference for tried and tested methods? Here are some aspects that shed light on this issue: Tradition vs. innovation: many companies still rely on traditional

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Top 5 reasons why you should (maybe?) switch to CAFM

Top 5 reasons why you should (maybe?) switch to CAFM

Efficient management of facilities can be crucial to a company's success. The implementation of CAFM (Computer-Aided Facility Management) software can have a transformative effect. Here are our five most compelling reasons why your company should switch to CAFM: Optimising operating costs: By using CAFM software, companies can achieve significant savings in operating and maintenance costs. According to a study by Facility Management International, through effective CAF management, organisations can reduce their

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Is Scrum the best solution for all IT projects?

Is Scrum the best solution for all IT projects?

The discussion about the most suitable methodology for project management is as old as software development itself. Especially in the context of agile approaches, Scrum has established itself as one of the most prominent methods. But is Scrum really the best solution for all IT projects or is it only suitable for specific scenarios? To answer this question, we first need to look at the basic principles of the Scrum framework and then put them into context.

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Secrets of success of successful GmbH managing directors: What do they do differently?

Secrets of success of successful GmbH managing directors: What do they do differently?

Successful GmbH managing directors are characterised by specific features and strategies that set them apart from their competitors. While many managing directors struggle with the daily challenges of company management, these leaders have learnt to make the best use of their resources and develop a clear vision for their company. According to a study by the Association of German Chambers of Industry and Commerce (DIHK), 63% of managing directors are convinced that a clear communication strategy and effective HR management are the keys to their company's success.

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