Profitability

Real estate profit centre accounting and profitability in FM

The property profit centre calculation is a key tool in facility management for evaluating the profitability of properties. It enables a transparent presentation of the costs and income of a property, which facilitates well-founded decisions. Various types of costs are taken into account in the calculation, including maintenance, operating, administration and financing costs. These are compared with income from rental income, utility bills and other sources. As a controlling tool, the property profit centre calculation is used to analyse and optimise the profitability of properties. In an environment of rising [...]

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Property management: tips and tricks

Property management plays a crucial role in the administration of property and land. It encompasses a variety of tasks that ensure the property is properly managed and retains its value. These include letting properties, maintaining and repairing buildings, complying with regulations and legislation, bookkeeping and communicating with tenants and owners. Effective property management can help to increase the value of the property,

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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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What is the difference between property and facility management?

Property management and facility management are two important areas in the property sector that are often confused with each other. Both play a crucial role in the management and maintenance of property, but have different responsibilities and tasks. In this article, we will take an in-depth look at the definitions, differences, common goals and importance of property and facility management for property owners and occupiers. Definition of property management Property management refers to the

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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 importance of M&A transactions

Mergers and acquisitions (M&A) are corporate transactions in which companies merge or take over each other. In a merger, two companies combine to form a new entity. An acquisition occurs when one company acquires another and controls its business activities. M&A transactions can take various forms, including mergers, takeovers, participations and joint ventures. These can take place both nationally and internationally and have a significant impact on the economic structure. M&A activities are an integral part of

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Facility management during construction: efficient building management

Construction-related facility management refers to the administration and management of buildings throughout their entire life cycle, from the planning phase through to utilisation and maintenance. It includes the coordination and monitoring of various services, such as cleaning, security, maintenance, energy supply and waste management, to ensure that a building is operated efficiently. The aim of facility management during construction is to extend the service life of a building, optimise operating costs and increase comfort.

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Successful project management: tips and tricks

Project management is an important process in companies that is used to plan, organise, control and monitor complex tasks in order to achieve the desired goals. It is crucial as it helps companies to use their resources efficiently, minimise risks and improve the quality of their products or services. In addition, project management enables a clear definition of responsibilities and tasks, which leads to better teamwork.

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Efficient management of debtors

Accounts receivable play a crucial role for companies as they have a major impact on liquidity and profitability. Effective accounts receivable management is therefore of great importance to minimise payment delays and defaults. In this blog post, we will explore and discuss various strategies and measures to improve accounts receivable management. Key Takeaways Accounts receivable are customers who owe money to the organisation and play an important role in financial planning. Effective strategies

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Optimising operating costs: tips for greater efficiency.

Operating costs are the costs that a company has to incur for the operation of its business activities. These include expenses such as rent, energy costs, maintenance costs and insurance. Optimising these operating costs is very important for companies as they can have a significant impact on profitability and competitiveness. This article presents various ways to optimise operating costs, including energy efficiency, efficient use of resources, use of technology, regular operating cost reviews, outsourcing, sustainability and staff training. The importance of

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Cost accounting: Efficient costing for companies

Cost accounting is an essential part of business accounting and plays a crucial role for companies. It makes it possible to analyse a company's cost structure and understand how resources are used. Cost accounting helps companies to control their costs, improve their efficiency and make informed decisions. In this article, we will take a closer look at cost accounting and examine its various aspects. Key Takeaways Cost accounting is important

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Income statement: the most important key figures

The profit and loss account (P&L) is an important tool for assessing the financial performance of a company. It provides information about a company's income, expenses and profit or loss for a given period. Knowing and understanding the P&L is critical for business owners to evaluate the financial health of their company and make informed business decisions. Key Takeaways A profit and loss statement shows financial performance

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The balance sheet: a success factor for companies

A balance sheet is an important tool for companies and investors to assess the financial health of a company. It provides an overview of a company's assets, liabilities and equity at a specific point in time. A meaningful balance sheet is crucial for a company's financial planning and budgeting and can help investors make informed decisions. Key takeaways A balance sheet is an overview of the net assets, financial position and results of operations of a company.

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FM Benchmarking: Comparison makes sense

FM Benchmarking ist ein wichtiger Prozess für Facility Management (FM) Unternehmen, um ihre Leistung mit anderen Unternehmen in der Branche zu vergleichen. Es ermöglicht ihnen, ihre Stärken und Schwächen zu identifizieren und Verbesserungspotenziale zu erkennen. In diesem Artikel werden wir genauer betrachten, was FM Benchmarking ist, warum es wichtig ist, wie es funktioniert und welche Vorteile es bietet. Key Takeaways FM Benchmarking ist ein Vergleich von Facility-Management-Prozessen und -Leistungen zwischen

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GEFMA Guidelines: More efficiency and safety in facility management - What are the benefits?

The GEFMA guidelines play an important role in facility management. They serve as guidelines for companies to ensure efficient and safe work processes. In this article, we will provide a detailed overview of the GEFMA guidelines and explain their importance for facility management. What are GEFMA guidelines? GEFMA stands for "German Facility Management Association" and is an organisation dedicated to the development of standards and guidelines for facility management.

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Efficient building management with CAFM and IWMS: How technology optimises workflows

Efficient facility management is crucial for organisations to reduce costs, increase productivity and keep operations running smoothly. One way to achieve this is to utilise Computer Aided Facility Management (CAFM) and Integrated Workplace Management System (IWMS). These software solutions offer a variety of features and allow organisations to manage their buildings and resources effectively. In this article, we will provide a detailed overview of CAFM and IWMS.

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Optimisation through continuous improvement processes (CIP) - How companies can benefit from effective optimisation processes

In today's business world, it is crucial that organisations continuously improve their processes in order to remain competitive. A continuous improvement process (CIP) is a method that helps companies to continuously optimise their processes and improve their performance. In this article, we will take a closer look at CIP and examine its importance for organisations. Key Takeaways CIP is a continuous improvement process that aims to improve efficiency and performance.

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Facility management with CAFM and ticket system

Facility management is an important part of the successful operation of companies and organisations. It involves the management and operation of buildings, facilities and infrastructure to ensure that they are utilised efficiently and cost-effectively. In this article, we will take a closer look at facility management and in particular examine the role of CAFM (Computer Aided Facility Management) systems and ticketing systems in this area. Key Takeaways Facility management is important for the

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Efficient budget management with CAFM systems: How to optimise your property management

Efficient budget management is of great importance for property management. It enables optimal utilisation of financial resources and contributes to the long-term value retention and profitability of properties. Careful budget planning allows costs to be controlled and optimised, leading to improved profitability and efficient use of financial resources. However, budget planning in property management is associated with various challenges. One of the biggest challenges is to optimise the costs of

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