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Mergers and acquisitions: Opportunity or risk?

Mergers and acquisitions are important corporate strategies for increasing growth and market positioning. In a merger, two companies combine to form a new company, while in a takeover, one company acquires another. These transactions can take the form of share purchases, asset acquisitions or contractual agreements. They take place across all industries and affect companies, employees, customers and suppliers. As part of long-term growth strategies, mergers and acquisitions are aimed at synergy effects, cost reductions, market expansion and strengthening competition. They enable the acquisition of new [...]

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What is GASB 87 Leasing?

The new GASB 87 lease accounting standard is a significant change in accounting for government agencies and government organisations. The Governmental Accounting Standards Board (GASB) developed this standard to improve the recognition and presentation of leases in the financial statements of governmental entities. GASB 87 became effective on 15 December 2019 and has a significant impact on the accounting and financial reporting of government entities. The new standard replaces GASB 13 and introduces significant

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Efficient project controlling: Successful project management

Efficient project controlling is crucial to the success of a project. It enables the monitoring, control and coordination of all activities within a project. Through project controlling, costs, deadlines and resources can be effectively monitored and managed to ensure that the project is completed within the planned framework. In addition, efficient project controlling enables deviations and problems to be identified at an early stage, allowing project managers to take countermeasures in good time and

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Checklist: Frontloading in the planning and construction process

Frontloading is an important process in the planning and construction process that aims to optimise the planning and preparation of construction projects. The term "frontloading" refers to the idea that much of the planning and preparation work is carried out in the early stages of the project to ensure that all important decisions are made and all potential problems are identified before the actual construction project begins. This approach enables risks to be minimised, costs to be

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Security audit: How to protect your company's IT

Security audits are extremely important for corporate IT as they help to ensure the security and integrity of company data and systems. Regular security audits can identify potential security gaps and vulnerabilities before they can be exploited by malicious actors. In addition, security audits help organisations to ensure compliance with legal regulations and industry standards, which in turn strengthens the trust of customers and partners. At a time when cyberattacks and data breaches

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The software integration expert: tips and tricks

Successful software integration plays a decisive role in the further development of corporate IT. Companies of all sizes rely on various software applications to optimise their business processes and work more efficiently. The integration of these different applications is essential to ensure a smooth flow of information and seamless collaboration between the different departments of an organisation. Without effective software integration, data can remain siloed, which can lead to inconsistencies, delays and inefficient workflows. In addition

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Myths and truths about agile project implementation

In recent years, agile project implementation has become increasingly popular. This approach aims to deliver results quickly and adapt to change. In this blog post, we will discuss some of the myths and truths surrounding agile project delivery. What is agile project delivery? Agile project delivery is an approach that aims to deliver results quickly and adapt to change. It is a flexible and iterative approach that

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Effective vulnerability management: how to minimise risks

Vulnerability management is a crucial component of IT security in companies. It deals with the identification, assessment and minimisation of vulnerabilities in the IT infrastructure in order to reduce potential risks. Through effective vulnerability management, organisations can improve their security posture and protect themselves from potential attacks. It is important that organisations take a proactive approach and regularly scan their systems for vulnerabilities in order to identify and fix security gaps before they can be exploited by attackers.

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BIM formats explained: What you need to know about IFC and COBie

If you work in the architecture, engineering or construction industry, you may have come across terms such as BIM, IFC and COBie. But what do these acronyms mean and why are they important for the design and construction of buildings? This article will explain the basics of BIM formats, specifically IFC and COBie. We will look at their purposes, benefits and limitations and how they work together in BIM projects. Acquire comprehensive

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COBie: Efficient data exchange in the construction industry

COBie stands for Construction Operations Building information exchange and is an internationally recognised standard for recording and documenting building data. It is a data format that was developed specifically for the construction and property industry to facilitate the exchange of information throughout the entire life cycle of a building. COBie was first introduced by the US Department of Defence to improve efficiency in the handover of construction projects. The standard defines the

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Project planning: Successful strategies for efficient projects

Effective project planning is crucial to the success of a project. It makes it possible to clearly define and organise the objectives, milestones and resources. Careful planning allows potential risks and problems to be recognised and avoided at an early stage. In addition, good project planning helps to increase the efficiency and productivity of the team, as clear task allocations and schedules are created. Last but not least, structured project planning contributes to this,

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The advantages of a planning and construction management application

The automation of processes is an essential part of increasing efficiency in companies. By using technologies such as artificial intelligence, machine learning and robotic process automation, repetitive tasks can be automated, resulting in significant time savings. Employees can thus focus on more challenging and strategic tasks instead of wasting their time on monotonous activities. In addition, automation enables processes to be carried out more quickly, which reduces response times to customer enquiries.

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Compliance in companies: A guide

Corporate compliance is a crucial aspect for any organisation, regardless of its size or industry. Compliance refers to adherence to laws, regulations, guidelines and standards that are relevant to the company. This includes not only legal requirements, but also ethical standards and internal company guidelines. The aim of compliance is to ensure that the company acts legally and ethically in all its activities while minimising risks. An effective

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What is a Connected Portfolio Intelligence Platform (CPIP) for finance?

A Connected Portfolio Intelligence Platform (CPIP) for organisations in the financial sector or with in-house asset management is a technology solution specifically designed to support asset managers and investment professionals. This platform seamlessly integrates a variety of functions, including comprehensive portfolio management, investment analysis and data-driven decision-making tools, within a unified system. It plays a critical role in the investment sector by providing real-time insights and analytics to help optimise investment strategies. Through its

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The role of the software implementation consultant

The role of the software implementation consultant is crucial to the success of software implementation projects in organisations. An implementation consultant is responsible for ensuring the smooth introduction of new software solutions and that they meet the organisation's requirements and objectives. Without the expertise and guidance of an implementation consultant, implementation projects could be chaotic and ineffective, resulting in wasted time and resources. Therefore, the role of the software implementation consultant is critical to success

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Best practices for CAFM IWMS: Effective solutions

Computer Aided Facility Management (CAFM) and Integrated Workplace Management System (IWMS) are software solutions that help companies to manage their property and facility management processes efficiently. CAFM systems offer functions such as room and space management, resource planning, maintenance and service management, while IWMS systems also include workplace resource management, sustainability management and property portfolio management. Both systems are designed to increase efficiency, reduce costs and optimise the working environment. The introduction of CAFM and IWMS

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Strategy in facility management: effective planning and implementation

Strategy in facility management is crucial as it defines the long-term direction and planning of an organisation's resources and activities in the area of building and asset management. A clear and effective strategy helps to achieve facility management goals, optimise costs, increase efficiency and ensure user satisfaction. In addition, a well-thought-out facility management strategy also makes it possible to manage

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Security audit: How to protect your company

A security audit is a systematic evaluation of a company's security measures and guidelines. It serves to identify and eliminate potential security gaps in order to ensure the security of company data, employees and customers. A security audit can cover various aspects of corporate security, including physical security, information security, data protection and regulatory compliance. It typically involves a thorough review of existing security policies, procedures and controls and an assessment of the effectiveness of these

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Bookkeeping: Tips and tricks for bookkeeping according to recognised standards

Want to improve your bookkeeping skills and set your business up for financial success? We'll cover the key components of good bookkeeping, common mistakes to avoid and how bookkeeping can help your business make sound financial decisions. Discover the benefits of outsourcing bookkeeping services and how proper bookkeeping contributes to the overall success of the business. From maintaining invoicing to understanding and tracking expenses, we'll give you

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