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Top benefits of a commercial building automation system for businesses
Managing a commercial building involves balancing efficiency, security, and tenant comfort. A building automation system (BAS) streamlines this process by integrating HVAC, lighting, security, and other essential systems. However, understanding build…
Lease vs licences: What’s the difference?
Understanding the differences between a lease and a licences is essential for commercial landlords. While both agreements allow another party to occupy or use a property, they have distinct legal, financial, and operational implications. A lease prov…
Commercial flex space vs traditional lease: What landlords need to know
Commercial landlords are adapting to evolving tenant demands, particularly as businesses seek more flexible leasing options. Traditional long-term leases provide stability, but the rise of commercial flex spaces offers agility and short-term commitme…
How to account for operating leases
Accurate lease accounting is essential for commercial property managers. Operating leases impact financial reporting, cash flow management, and compliance with international accounting standards. The introduction of ASC 842 and IFRS 16 has changed ho…
How to automate facility management workflows
Managing facilities efficiently is becoming increasingly complex, with traditional manual processes leading to delays, higher costs, and operational inefficiencies. From tracking work orders to ensuring regulatory compliance, facility managers face n…
Key challenges in coworking space management and how software can help
Managing a coworking space involves juggling multiple moving parts, from optimising layouts and tracking memberships to ensuring seamless access control and billing. Without the right tools, inefficiencies can lead to underutilised space, frustrated …
What is space management in facilities management
Managing physical space efficiently is a crucial part of facilities management, ensuring that work environments are functional, cost-effective, and aligned with business needs. Without a structured approach, organisations can face challenges such as …
Facility management tips to improve efficiency
Facility managers are under increasing pressure to optimise operations while controlling costs. Inefficiencies in maintenance, space utilisation, and vendor management can quickly lead to rising expenses and operational disruptions. To effectively cu…