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Software

The secrets of financial accounting: What no accountant will tell you

Financial accounting is a crucial aspect of any business that is often fraught with misunderstanding and uncertainty. It's often the little secrets that accountants don't reveal - secrets that can have a significant impact on a company's financial well-being. If you want to find your way in the world of accounting, you should bear the following important points in mind: The role of financial accounting Financial accounting is the backbone of accounting. It ensures the [...]

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The future of on-premise software: why it will never die out

The digital landscape is changing rapidly, and many are talking about the cloud as the new king of software solutions. But while cloud services undeniably have their advantages, there is one true hero of enterprise software that will never be completely eclipsed: on-premise software. These local software solutions are not a relic of times gone by, but still offer numerous advantages that are essential for many companies today. Just imagine: Your sensitive

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CAFM software and data protection: the inconvenient truths

Digitalisation is changing the way companies work and the use of CAFM (Computer-Aided Facility Management) software has become essential, particularly in the area of facility management. These software solutions not only offer efficient management of properties, maintenance processes and resources, but also play a crucial role in protecting sensitive data. At a time when data protection is not only a legal requirement but also an important signal of trust for customers, facility managers must

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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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The best tools for facility management compared in 2025

The right software solution in FM has long been more than just a tool - it is the key to efficiency, cost control and strategic planning. While companies are increasingly focussing on digital transformation, CAFM and IWMS systems are rapidly gaining in importance. The challenge lies not only in selecting the right technology, but also in intelligent integration that optimises processes and intelligently manages resources. Today, modern building management tools are far more than simple administration software. They

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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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7 tips for the successful implementation of computer-aided facility management systems

Implementing a computer-aided facility management (CAFM) system can be one of the biggest challenges for FM professionals. Given the complexity of modern buildings and the amount of data that needs to be managed, effective maintenance management is essential. A CAFM system not only provides a centralised platform for monitoring and managing operating costs, but also improves efficiency across the entire building management process. But how can such a system be successfully implemented? To provide you with a structured

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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)

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?]

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

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?

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

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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Implementation of CAFM software: Rollout in 3 months

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 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?

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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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

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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Optimisation of resource planning for FM service providers

Resource planning is a key element for facility management (FM) service providers, as it forms the basis for the efficient provision of services. In an industry characterised by constantly changing requirements and a high degree of complexity, well thought-out resource planning enables service providers to make optimum use of their human and material resources. This not only leads to greater customer satisfaction, but also to a significant reduction in costs. Well-planned resource utilisation ensures this,

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