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Knowledge

The basics of e-balance sheets: what every company should know

The electronic balance sheet, also known as the e-balance sheet, is a topic that challenges SMEs in particular every year ("What was that again, Mr Müller, with the e-bill?"). Companies are faced with the challenge of meeting the requirements of the digital transformation. And the e-balance sheet is a central component of this process. It enables the efficient and error-free preparation and submission of annual financial statements in a digital format. At least in terms of the idea. [...]

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Mandatory e-invoices: what companies need to know in 2025

The e-invoicing obligation, which will come into force in Germany from 2025, is a significant step towards digitalisation and increased efficiency in accounting. Companies need to prepare for this new legal regulation now in order to avoid potential penalties or delays in payment transactions. The 2025 e-invoicing obligation not only affects large companies, but also smaller businesses that work with public sector clients. According to the EU directive on e-invoices, electronic invoices will be mandatory from 2025,

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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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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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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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The secret checklist for a successful online application: What the software really wants to see

In the digital world of work, online applications are no longer a rarity, but they are often the first step to a dream job. Online applications usually have to go through recruiting software before they can be viewed by a hiring manager. This can feel like a rocky road, especially when you consider that many companies today completely automate the application process in the initial stages. According to a study by Jobscan, approximately 98 % of Fortune 500 companies have an applicant tracking system in place

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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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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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CAFM is like Google Maps for buildings

CAFM, or computer-aided facility management, is an indispensable tool in modern facility management. It helps companies to manage their buildings efficiently, optimise costs and promote sustainability. In this article, you will learn everything you need to know about CAFM software, its applications and benefits. What is CAFM? CAFM is the acronym for Computer-aided Facility Management, a technology with a revolutionary impact on the world of facility management. This digital support

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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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Hyper-automation for FM service providers

Hyper-automation is an important concept in facility management (FM) that has become increasingly relevant in recent years. This concept aims to optimise processes, reduce costs and increase efficiency. By using hyperautomation, FM service providers can automate recurring tasks and utilise their resources more effectively. The implementation of hyperautomation enables FM companies to react more quickly to changing requirements and improve service quality for customers.

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Best practices for effective CAFM utilisation

Computer Aided Facility Management (CAFM) software is a powerful tool for the efficient management of property and technical facilities. This software solution offers a range of functions that support facility managers in the fulfilment of their tasks. The main functions include: - Resource management - Maintenance planning - Inventory tracking - Optimisation of operational processes CAFM software can help to reduce costs, increase productivity and improve safety. The implementation of CAFM software requires careful planning and preparation. Important steps include

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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 for SMEs

Efficient facility management is of central importance for small and medium-sized enterprises (SMEs) in order to optimise operating costs and ensure a functional working environment. Facility management involves the management and organisation of workspaces, buildings, technical facilities and services to meet the needs of employees and the company. For SMEs, the efficient use of resources and cost minimisation is particularly important in order to maintain their competitiveness. Effective facility management contributes to the reduction of

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Increasing efficiency in facility management

Efficiency in facility management is a key factor in optimising operating costs, increasing productivity and improving customer satisfaction. Efficient facility management ensures optimal utilisation of resources and smooth workflows. In addition, an efficient facility management strategy can help to minimise environmental impact and promote sustainability. Efficiency in facility management is therefore an essential component for the long-term success of a company. In order to increase efficiency in facility management, a thorough analysis of the

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What does a tax audit mean?

A tax audit is a systematic examination of a company's tax situation by the tax authorities (and as long as you're not Al Capone, everything should be fine, just to clarify...). It serves to verify the accuracy and completeness of tax information and compliance with applicable tax laws. The audit can cover one or more tax periods and involves analysing accounting records, receipts and other relevant documents. Tax audits can be announced

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What is a good corporate culture?

Corporate culture is a fundamental aspect of any organisation and encompasses the shared values, norms, beliefs and behaviours within a company. It significantly influences the working environment, decision-making and interactions between employees. A strong corporate culture can promote employee identification with the company and cohesion, while a weak or negative culture can lead to dissatisfaction and reduced motivation. The characteristics of a corporate culture can be seen in various areas, such as

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What you need to know about trade tax

Trade tax is a municipal tax paid by companies and the self-employed on their trade income. It is an important source of income for municipalities and is used to finance local infrastructure and public services. It is calculated on the basis of trade income, which is derived from company profits. The trade tax rate is set individually by each municipality and usually varies between 200% and 500%. As a municipal tax, the collection and determination of trade tax is the responsibility of

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The role of the CIO: tasks and training

The Chief Information Officer (CIO) occupies a central position in companies. His or her main task is to develop and implement the IT strategy. The CIO is responsible for managing the IT infrastructure and ensuring that it meets business requirements. Another important area of responsibility is ensuring data security and protecting IT systems from cyber attacks. Working closely with other managers, the CIO ensures that the IT strategy is aligned with the company's objectives.

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