Decision

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 are turning to the leading CAFM solutions to optimise their operations, and this [...]

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How D&O insurance can save your career as a manager

Not only since the start of the trial against Markus Braun (ex-CEO of Wirecard) has it become clear that managers are constantly exposed to a variety of risks. These risks can affect not only the company, but also personal liability claims against the managers themselves. It is therefore essential to look into D&O insurance (Directors and Officers insurance). This special liability insurance protects managers against financial losses caused by wrong decisions or breaches of duty in the course of their professional activities.

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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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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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Long-term strategies: How to make your company more sustainable with the right company form

Choosing the right company form is one of the most fundamental decisions for any entrepreneur in Germany. Regardless of whether you are founding a start-up or want to restructure an existing company - the company forms in Germany offer a wide range of options. From the AG to the GmbH to the OHG, KG and the sole proprietorship: Each legal form has its own advantages and disadvantages that can significantly influence your entrepreneurial strategy. Did you know, for example,

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Sustainable building: Focus on LEED and BREEAM

Sustainable construction is a concept that aims to minimise the environmental impact of building projects while improving the quality of life for users. It encompasses a variety of aspects, including the selection of environmentally friendly materials, the efficient use of energy and water and the creation of healthy interiors. The basic principles of sustainable construction are based on the idea that buildings are not only functional spaces, but also have a positive impact on the environment and the quality of life.

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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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Top 5 CAFM software market leaders in 2024: a comparison

Choosing the best CAFM software requires a careful analysis of the current market leaders and their specific offerings. In 2024, there are five outstanding providers that stand out not only for their innovative solutions, but also for their ability to adapt to modern requirements. Planon, for example, offers comprehensive property management functionality and claims to have achieved an increase in efficiency of up to 30% for its users. Archibus stands out

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Top 5 advantages and disadvantages of AG, GmbH, OHG, KG and sole proprietorship at a glance

When setting up a company in Germany, choosing the right legal form is crucial. Different company forms such as AG, GmbH, OHG, KG and sole proprietorship each have specific advantages and disadvantages that need to be taken into account. The decision affects not only liability and tax aspects, but also flexibility in business activities. According to a study by KfW, almost every structure has its own challenges: around 50 % of the

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Critical analysis: Are the costs of CAFM systems justified?

The cost of CAFM (Computer-Aided Facility Management) systems is a hotly debated topic in the facility management community. At a time when companies are looking to optimise their operating costs while working more efficiently, the question arises: is the investment in CAFM software and solutions really justified? Studies show that over 70 % of facility managers believe that a well-implemented CAFM solution can realise significant savings in operating costs. Thus reported

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The 10 most common accounting mistakes and how to avoid them

Accounting is the backbone of any business, regardless of its size or industry. Not only does it allow you to record all financial transactions, it also ensures that you fulfil your tax obligations and base strategic decisions on sound data. According to a survey conducted by the German Association of Tax Consultants, over 40 % of companies state that they have already suffered significant financial disadvantages due to accounting errors. But despite

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Comparison: CAFM vs. traditional facility management methods

The world of facility management has developed rapidly in recent years, and with it the methods used to manage buildings and facilities. Traditional facility management methods, often characterised by paper documentation and manual effort, stand in stark contrast to modern solutions such as computer-aided facility management (CAFM). These new tools not only offer centralised data management, but also an increase in efficiency, which is crucial in a time of rising costs.

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What is a SWOT analysis?

SWOT analysis is an effective tool that helps both individuals and organisations assess their strategic position by identifying strengths, weaknesses, opportunities and threats. This article highlights the benefits of conducting a SWOT analysis and provides a systematic process to effectively implement this analysis. It includes real-world case studies that illustrate the application of SWOT analysis, as well as recommendations for maximising the results of your analysis. Regardless of whether you are in a

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Facility management services in companies

Facility management services play a crucial role in the efficiency and productivity of companies. They encompass a variety of tasks aimed at optimising operational processes and improving the working environment for employees. At a time when companies are increasingly reliant on flexibility and adaptability, the importance of these services is becoming ever more apparent. Well-organised facility management not only takes care of the maintenance of buildings and facilities, but also

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How do I introduce CAFM software in my company?

The introduction of CAFM software in your company can mean a decisive improvement for your facility management. Appropriate planning, choosing the right software and involving the relevant stakeholders are essential for successful implementation. In this article, we will look at the key steps you should consider when implementing a CAFM solution. Step 1: Define requirements Before the go-ahead is given for the introduction of suitable CAFM software, it is essential to define the company-specific

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Microsoft Azure: Risk without qualified knowledge

In today's digital landscape, Microsoft Azure stands out as a powerful cloud platform that can help businesses, including those supported by the federal government, reach new heights. But, utilising its capabilities without the right expertise can lead to significant security risks. This article explores the benefits of Microsoft Azure, the potential pitfalls of using it without in-depth expertise, and how the right certification can protect your organisation's data. Additionally

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The advantages of cloud computing

Cloud computing is a technology concept that enables the provision of IT resources via the internet. Users can access computing power, storage capacity and applications without having to keep them locally. The main advantages include cost efficiency, scalability, location-independent access, automatic updates and improved collaboration options. There are three primary service models: Infrastructure as a Service (IaaS): provision of virtualised computer resources via the internet. Platform as a Service (PaaS): Development environments for the creation and provision of

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Successful implementation of a CAFM solution

Computer Aided Facility Management (CAFM) is a digital tool for optimising facility management in companies. CAFM systems offer comprehensive functions for managing buildings, facilities and resources. They enable the efficient planning and execution of maintenance work, the management of inventory and support in spatial planning. The implementation of a CAFM solution requires careful planning and preparation in order to fulfil the specific requirements of the company. When selecting a CAFM solution

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CAFM software costs: everything you need to know

Computer Aided Facility Management (CAFM) software is a powerful tool for the efficient management of property and technical facilities. These software solutions offer a comprehensive range of functions that enable facility managers to optimise their resources and reduce operating costs. CAFM systems usually include modules for building, space, relocation, maintenance and energy management. By integrating these modules, facility managers can centrally manage all relevant information about their properties and facilities

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The four project phases: Planning, realisation, control, completion

Project management is a structured method for planning, implementing and controlling complex projects. It comprises four main phases: Initiation, planning, implementation and completion. In the initiation phase, project objectives are defined and resources are allocated. The planning phase includes the detailed development of schedules, budgets and risk management strategies. During the implementation phase, the planned activities are realised and continuously monitored. The closing phase is used to evaluate the success of the project and document the findings. Effective project management requires clear communication,

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