Blog posts from June 2017
Posted on 06/26/2017
By gathering accurate facility data, the true condition of your facilities portfolio becomes clearer, providing a benchmark to analyze the impact of investing in facility improvements. This benchmark – developed by industry associations – is known as the Facility Condition Index (FCI).
Posted on 06/14/2017
Facilities managers have tools available to them for managing everything from construction and energy to recycling and security. So, it’s surprising that in an age of automated buildings and smart cities that facilities managers are still using spreadsheets.
Posted on 06/08/2017
Hospitals have thousands of pieces of mobile medical equipment. While support staff can’t monitor all this equipment all the time, hospitals can reduce or eliminate equipment from going places it’s not supposed to go.
Posted on 06/06/2017
The balance sheet is growing under the new FASB standard, asking that all leases with terms of more than 12 months are recognized as assets and liabilities. As part of your organization’s transition to the new standard, don’t overlook any departments that may be hanging on to leases of their own.
Posted on 06/02/2017
Building out a cross-functional FASB/IASB Compliance Team is one of the first and most important steps, you will need to identify both a project manager who will be accountable for the overall execution of the project, and select a decision-maker to approve the changes and investments you’ll make.
Page 1 of 2 pages