• Facilities systems

    by Rodney Timm

    When it comes to data and implementing facilities systems, there are key decisions to be made. Big data and the exponential price performance growth in processing capacity are changing every aspect of our commercial and social lives. And with the Internet of Things (IoT) beginning to make real impacts on the built environment, ever-increasing amounts of property and building data is now available for processing. Fortunately, with enhanced interoperability, our expectation of having diverse systems and processes linked is now attainable. Most occupiers and owners of property are also now realising that, although facilities information management may not be a…
    Facilities systems
  • Integrated Workplace Management Systems

    by Rodney Timm

    10 mistakes when it comes to implementing workplace management systems in the FM and property industries – and how to avoid making them! Property and facilities management are data-rich operating worlds. This is becoming even more complex as the Internet of Things (IoT) provides the capability to imbed sensors and diagnostic tools to monitor the use and performance of everything in real time. The property and facilities management service industries have over the years made use of a host of applications to deliver various control and management functions, including property management accounting, various CAD (computer aided design) platforms, lease modelling…
    Integrated Workplace Management Systems
  • Are you ready for new lease reporting?

    by Rodney Timm

    New lease accounting standards are on their way - the scouts’ motto of ‘be prepared’ is apt. From January 2019, all leased assets, including those covering property, are required to be reported differently in financial statements. Coming into effect for the beginning of next year, this means that financial planning and budgeting for the financial year commencing in July 2018 will need to change. The Australian Accounting Standards Board (AASB) has adopted the International Financial Reporting Standards – IFRS 16, designed to increase the transparency of lease reporting. Dependent on the nature of the business and their leased property portfolio…
    Are you ready for new lease reporting?
  • Lease: time to cut costs?

    by Rodney Timm

    Need to make occupancy cost savings? During the business planning cycle, often the occupancy costs of leases are identified as excessive, needing to be reduced to maintain financial sustainability. A cost saving review will succeed best if there is a systematic approach and hard decisions able to be made. Each location and lease agreement needs to be assessed to identify occupancy cost savings that can realistically be realised. In some cases, it may be necessary to spend money to save money. These proposed savings need to be tested with the operating units; to work out the impact on the business…
    Lease: time to cut costs?
  • Portfolio planning to support agile working

    by Rodney Timm

    Are current approaches to lease commitments and owned property portfolios a barrier to workplace change? Globally, disruptive business models and technology trends are causing continual change to the way organisations deliver their services, requiring a rethink of workplace accommodation strategies. Businesses now acknowledge that workplaces can be the drawcard in attracting and retaining talent, supporting employee well-being and engagement and, ultimately, leading to increases in productivity. In addition, the ongoing evolution of office accommodation from private offices to open plan from the early 2000s, to the current approach of agile and flexible workplaces, has demonstrated the benefits of collaborative and…
    Portfolio planning to support agile working

All Insights

15/02/2019

Integrated Workplace Management Systems

10 mistakes when it comes to implementing workplace management systems in the FM and property industries – and how to…
25/05/2018

Are you ready for new lease reporting?

New lease accounting standards are on their way - the scouts’ motto of ‘be prepared’ is apt. From January 2019,…
31/03/2018

Lease: time to cut costs?

Need to make occupancy cost savings? During the business planning cycle, often the occupancy costs of leases are identified as…
02/12/2017

Portfolio planning to support agile working

Are current approaches to lease commitments and owned property portfolios a barrier to workplace change? Globally, disruptive business models and…