IBM TRIRIGA and RedSys offer ERP for commercial real estate


[Google Translated from Russian]

ERP for Real Estate: To Help Managers

In the IT market, there are a number of systems for the management of commercial real estate, both Russian and foreign. Many of them work on transactional basis. There are integrated solutions, covering all aspects of property management. One of these solutions is developed by the RedSys Russian company, which is based on IBM TRIRIGA software platform, widely used around the world for the management of assets. Features of the solution – through management of the facility, which includes all areas: financial, commercial, operational, etc. Users can do powerful visualization and reporting, which allow you to control the object from different points of view.

The building is presented in such a system in the form of a floor plan, for which the information can be obtained from three-dimensional models of BIM-systems, which clearly demonstrates all the necessary data to the customer: the occupancy of space, the number of tenants, the state of infrastructure, financial performance, and more. Also in their judgment, RedSys has built project management tools with the possibility of the plan, attach documents, and reporting on deviations from the terms of the tasks. Of particular note, and analytical capabilities of solutions that enable owners and top management to keep abreast…

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[Original Russian]

ERP для недвижимости: В помощь менеджерам

На ИТ-рынке существует ряд систем для управления коммерческой недвижимостью, как российских, так и зарубежных. Многие из них работают по транзакционному принципу. Есть и комплексные решения, охватывающие все аспекты управления недвижимостью. Одним из таких решений является разработка российской компании RedSys, в основе которой лежит программная платформа IBM Tririga, широко используемая во всем мире для управления активами. Особенности данного решения — сквозное управление объектом, включающее все направления: финансовое, коммерческое, эксплуатационное и т. д. Пользователям доступны мощные средства визуализации и представления информации, которые позволяют управлять объектом с различных точек зрения.

Здание представлено в такой системе в виде поэтажного плана, информацию для которого можно получить из трехмерных моделей BIM-систем, где наглядно демонстрируются все нужные заказчику данные: заполняемость площадей, количество арендаторов, состояние инфраструктуры, финансовые показатели и прочее. Также в составе решения от RedSys имеются встроенные средства управления проектами с возможностью ведения плана, прикрепления документов и формирования отчетов по отклонениям от сроков выполнения задач. Особо следует отметить и аналитические возможности решения, позволяющие владельцам и топ-менеджменту держать руку на пульсе…

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Tango engages BKD to assess compliance with FASB and IFRS lease accounting requirements


Tango announced today that they are the first vendor in the Lease Accounting space to receive independent verification from a top accounting firm that the lease accounting calculations in Tango’s solution are consistent with FASB Accounting Standards Codifications (ASC) 840 and 842, and International Accounting Standards Board’s IFRS 16, Leases

Unlike other solutions in the marketplace that will require retrofitting to ensure compliance, Tango’s Lease Accounting functionality was built from the ground up to comply with these requirements…

Tango’s lease solution has gained significant traction in the market, and has already been selected by several global multi-brand retail clients across the grocery, pharmacy, apparel, home furnishings and specialty retail verticals. These global customers require compliance to both US and international standards, and unique to Tango’s review process was the inclusion of IFRS standards.

The independent review assessed how Tango’s solution treats common scenarios that impact compliance including data capture, the operating/finance classification test, detailed accounting schedules and journal entries for both FASB and IFRS considerations…

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[Admin: To see other related posts, use the Tango tag.]

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Joining the IBM TRIRIGA UK user group community (Nov 2016)


Meeting: Tuesday, November 29, 2016, 10:30 AM to 02:30 PM (London)

Are you a TRIRIGA user or partner in the UK? Not a member of the IBM TRIRIGA UK User Group community yet? It’s easy to join this great community here. Why should I join this community, you may wonder? Well, the purpose of this group is to share information and experiences, to leverage our position with IBM, and to facilitate communication with IBM. Here are some of the benefits to joining the IBM TRIRIGA UK User Group:

  • Access to the latest product information from IBM
  • Face-to-face user group meetings
  • Networking with like-minded professionals

There is a user group meeting coming up on Tuesday, November 29, 2016 at the IBM Southbank offices. The agenda includes a case study by Marks & Spencer, the TRIRIGA roadmap, and other sessions you don’t want to miss! The link to register and view the full agenda is here. We hope you will join this great community and hope to see you at the meeting in Southbank on the 29th!

[Admin: This post is related to the 11.20.15 post about the December 2015 meeting.]

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IFRS: How well do you know your IFRS Standards?


The IFRS Foundation is inviting people to test their knowledge of IFRS Standards and their use around the world, today releasing an updated version of the popular online IFRS Quiz.

The quiz is based on the 2016 Pocket Guide to IFRS Standards: the global financial reporting language. It provides students, educators and other interested parties with a free-of-charge resource to assess their knowledge of IFRS Standards, the IFRS Foundation structure, and the standard-setting process.

First launched in 2014, the quiz is available in both English and Spanish and has been taken more than 45,000 times. The updated version has been revised to include, among other things, the requirements of new and amended IFRS Standards such as IFRS 15 Revenue from Contracts with Customers and IFRS 16 Leases.

The IFRS Quiz is available here.

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Tango Strategic Store Lifecycle Management selected by HearUSA


HearUSA, the recognized leader in hearing care, has selected Tango’s Strategic Store Lifecycle Management Solution to support plans to explore new market opportunities and develop strategies for the United States and international markets, as well as support their future growth across the entire real estate and store development lifecycle. HearUSA purchased Tango’s Predictive Analytics, Market Planning & Site Selection, and Geospatial Location Platform products…

Tango’s Total Solution is unique in an industry that typically offers software that only addresses a portion of the real estate lifecycle. By bringing together Predictive Analytics, Retail GIS and Store Development Execution in a single, seamless offering, Tango helps organizations like HearUSA avoid the information silos that inevitably occur with disjointed solutions which often result in decisions being made with inaccurate and incomplete information. Tango enables retailers to make informed decisions, drawing on critical data from all areas of the lifecycle…

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From data to comprehensive property management


[Google Translated from Spanish]

From data to comprehensive property management

TRIRIGA: Learn how you can enhance the administration of property and assets through a robust integrated system with reporting and metrics that allow traceability, visibility and transparency of information and the efforts being made, allowing you to generate significant savings and make decisions at the right time.

  • Presenter: Tamara Yoffe, TRIRIGA Sales Director [tamara.yoffe@levinglobal.com]
  • Presenter: Julian Blomberg, CIO [Julian.Blomberg@levinglobal.com]

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[Original Spanish]

De los datos a la gestión integral de propiedades

TRIRIGA: Conoce cómo es posible potenciar la administración de propiedades y activos mediante un robusto sistema integrado con de reportes y métricas que permiten tener trazabilidad, visibilidad y transparencia de la información y de las gestiones que se realizan, permitiendo generar importantes ahorros y tomar decisiones en el momento adecuado.

  • Presentador: Tamara Yoffe, TRIRIGA Sales Director [tamara.yoffe@levinglobal.com]
  • Presentador: Julian Blomberg, CIO [Julian.Blomberg@levinglobal.com]

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CTBUH announces 2016 Tall Building Award winners


The Council on Tall Buildings and Urban Habitat (CTBUH) has announced the winners and finalists of its CTBUH 2016 Tall Building Awards. This year’s winners and finalists, selected from 132 entries, have set a new bar for the annual awards program, with many employing inventive solutions that respond to demanding site constraints and prerogatives related to sustainability, seismicity, wind forces, mixed functionality, and a vibrant urban habitat.

Award recipients are recognized across five categories: Best Tall Building Awards – Regional (Americas, Asia & Australasia, Europe, and Middle East & Africa), Urban Habitat Award, Innovation Award, Performance Award, and 10 Year Award. All award winners will be recognized at the CTBUH 15th Annual Awards Symposium, which will take place at the Illinois Institute of Technology, Chicago, on November 3. At the event, the four regional Best Tall Building winners will compete for the title of Best Tall Building Worldwide.

Best Tall Building

The Best Tall Building category recognizes projects that have made extraordinary contributions to the advancement of tall buildings and the urban environment, and that achieve sustainability at the highest and broadest level. The winning projects exhibit processes and innovations that have added to the profession of design and enhance the cities and the lives of their inhabitants. The following Best Tall Buildings winners have been named for each of four competing regions in the world, from nominees representing a total of 27 countries…

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