Pitfalls

CAFM-Blog.de | Exculpation in Facility Management: Legal Aspects

Exculpation in Facility Management: Legal Aspects

In facility management, legal aspects are of central importance, especially when it comes to topics such as exculpation and release from liability. The challenges resulting from responsibility for buildings and infrastructures require a deep understanding of the law as well as precise evidence to be able to successfully defend oneself in the event of claims or liabilities. This is where the exculpatory defense comes into play: a crucial element that enables facility managers to demonstrate their innocence [...].

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CAFM-Blog.de | The 10 most common mistakes in accounts receivable accounting

The 10 Most Common Mistakes in Accounts Receivable Accounting

Accounts receivable accounting is a crucial area in every company that is often overlooked. It ensures that money flows and the company's liquidity remains secured. However, despite its importance, errors in accounts receivable accounting are not uncommon. In fact, small inaccuracies or misunderstandings can have major impacts on the company's financial health. It is not only annoying but can also lead to serious financial bottlenecks. A common mistake is

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CAFM-Blog.de | 10 Mistakes When Implementing CAFM Software – And How to Avoid Them

10 Mistakes When Implementing CAFM Software – And How to Avoid Them

Implementing CAFM software can be both a great opportunity and a challenge for facility managers. They often face the difficult task of optimizing numerous processes while ensuring that all stakeholders are familiar with the new system. Unfortunately, there are some common mistakes to avoid when implementing building management software to ensure project success. Whether you are an experienced facility manager or a newcomer

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CAFM-Blog.de | The 10 Most Common Errors in Accounts Payable and How to Avoid Them

The 10 Most Common Errors in Accounts Payable and How to Avoid Them

In the world of accounts payable, errors are not just annoying; they can also have significant financial consequences. Many companies face the challenge of making their accounting processes efficient while keeping costs under control. Common pitfalls in accounts payable management can easily lead to delays, unnecessary expenses, and dissatisfied suppliers. Therefore, it is crucial to identify the most common errors and take appropriate measures to avoid them.

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CAFM-Blog.de | 10 Accounting Mistakes That Could Ruin Your Business

10 accounting errors that could ruin your business

Accounting is the backbone of any company, but it also holds some pitfalls that can shake even the most experienced entrepreneur. A surprisingly large number of companies are confronted with serious accounting errors that not only result in financial losses but can even jeopardize the company's existence. In this article, we take a look at the ten most common accounting errors to avoid – and how to ensure

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CAFM-Blog.de | 10 common mistakes when choosing CAFM systems (and how to avoid them)

10 Common Mistakes When Choosing CAFM Systems (And How to Avoid Them)

Choosing the right CAFM system can feel like picking the perfect vacation – there are so many options that it's easy to lose track (“Honey, should we go to Bielefeld or the Maldives?”). As you consider the latest CAFM solutions, you might imagine how your facility management could become more efficient and smoother. But before diving into the next adventure of digital building management, you should

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CAFM-Blog.de | Why Experts Advise Against Bitcoin as a Corporate Investment

Why Experts Advise Against Bitcoin as a Corporate Investment

In the current economic climate, companies face the challenge of developing innovative financial strategies to remain competitive. One such strategy is the integration of Bitcoin as an alternative investment. However, despite the hype surrounding cryptocurrencies, some experts advise against Bitcoin investments for companies. The reasons for this are diverse, ranging from volatile market movements to tax uncertainties. According to a survey in 2023, 57% of financial experts stated

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CAFM-Blog.de | The Dark Side of CAFM and SAP: What Nobody Tells You

The Dark Side of CAFM and SAP: What Nobody Tells You

In the world of facility management, CAFM and SAP are two dominant terms often mentioned in the same breath. However, while many praise the benefits of these systems, there are also less illuminated aspects (perhaps even showstoppers for you) that companies should be aware of before deciding on a solution. A comparison of "CAFM vs SAP" reveals not only differences in functionality but also challenges in implementation and

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CAFM-Blog.de | How Do I Implement CAFM Software in My Company?

How Do I Implement CAFM Software in My Company?

Implementing CAFM software in your company can mean a decisive improvement for your facility management. Proper planning, choosing the right software, and involving relevant stakeholders are essential for successful implementation. In this post, we will highlight the essential steps you should consider when introducing a CAFM solution. Step 1: Define Requirements Before the kickoff for introducing suitable CAFM software, it is essential to define the company-specific

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