ValuD: What are the best practices for TRIRIGA implementations?


Part 1: Leasing Software

Earlier posts focused on the best practices followed by ValuD during IBM TRIRIGA application upgrades. In this blog series, we highlight the best practices that ValuD advocates for an IBM TRIRIGA 10.5.3 leasing software implementation…

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Part 2: Data Readiness

Our earlier blog focused on the key learning from ValuD’s 10.5.3 implementations. In the next couple of blogs, we list our recommendations for each stage of the implementation life cycle. In this post, we focus on data readiness, data migration, and the design phases…

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Part 3: Journal Entries Setup

Continuing with our recommendations for each stage of the implementation life cycle, today we focus on the build process and general ledger (journal entry) integration steps…

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Part 4: Testing & Training

In our final blog of this series, we list our recommendations for the last two phases of the implementation life cycle: TRIRIGA testing and training…

[Admin: This post is related to the 01.10.18 post, 08.07.17 post, and 09.24.15 post about the best practices for configuring and upgrading TRIRIGA applications. To see other related posts, use the Best Practices tag or Implementation tag.]

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How do you equip your TRIRIGA chariot with fierce stallions?


There’s an old metaphor originating from Plato that compares the soul to that of a chariot with a pair of winged horses. Chariots of the gods were equipped with two good horses, while us mere mortals were given one good horse and one bad, unruly horse, depicting the conflicts of the soul. Due to this imbalance, we would always face hardships. But those of us who could put that unruliness to use could potentially rise high enough to hang with the gods.

What does this have to do with IBM TRIRIGA and hanging out at TRIMAX this week? Not a whole lot, I just like to throw out fascinating metaphors. However, if you’re looking to power up your facilities “chariot” with the fiercest of good stallions, and corral the unruliness of unused data,  you may want to read on.

The five fierce stallions of 2017

When it comes to fierce stallions, why have 2 when you can have 5? And when you’re talking about investments around TRIRIGA, the more the merrier.  Here are the top 5 stallions driving the chariot of your facilities management efforts this year:

  • 1. New lease accounting standards drive compliance domination…
  • 2. Analytics help you understand the performance of your chariot…
  • 3. Cloud isn’t just for mythical gods…
  • 4. Mobility enables the business to soar from anywhere…
  • 5. User experience (UX) drives Herculean engagement…

[Admin: What does TRIRIGA mean? A tririga (trī-ˈrē-gə) is a team of three horses yoked three abreast, commonly associated with the use of chariots during the Roman Empire. To see other related posts, use the TRIMAX tag.]

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IoT: Should we design smarter buildings that think and learn?


This is my building’s final offer

One day in the not-too-distant future, when a building manager and tenant sit down to haggle over the terms of a new lease, the building itself — not the manager — will hold most of the cards in the negotiation. The manager may have an idea about how much a tenant uses a building’s facilities. The tenant will have another. But the building — and the constellation of data that surrounds every aspect of its operation — will know the real truth and set the terms…

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Designing buildings that learn

Our buildings are snapshots of our ideas and culture, physical representations frozen in place and time. The Empire State Building, the Roman Forum or even the Los Angeles Forum, were designed and built to serve a purpose, a population or a team of the moment. But things change. Economies shift and empires fall — yet our buildings don’t make those transitions. We tear them down because they can’t adjust to new energy requirements or new ways of working. At least, until now…

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Creating a building’s “digital twin”

Buildings have long functioned a bit like our bodies. Plumbing circulates through the building walls, wires innervate every room while concrete and I-beams underpin the whole frame. But until recently these indispensable bedrocks of the modern world have lacked the most critical body part — a brain. Without one, humans have had to manage the lights, power and temperature; service the elevators and other equipment; monitor security cameras; keep rooms stocked with supplies. Powerful new cognitive abilities are emerging from the massive data flows…

[Admin: This post is related to the 06.30.16 post by Chris O’Connor about putting the human touch into buildings, and the 08.20.15 post about creating a connected 11-storey building in 4 hours. To see other related posts, use the IoT tag or Smart Buildings tag.]

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ValuD: What is TRIMAX and why should you attend?


Conferences and trade shows provide a great way to learn and discover industry trends in a short period of time. Please consider attending TRIMAX this year…

What is TRIMAX?

TRIMAX is an annual conference which provides a forum for participants to share knowledge and learn from other TRIRIGA and Maximo clients, business partners and IBM leaders. If you are a RE/FM/EAM business, then TRIMAX is the event for you. This year’s event is being held at Arlington, VA on November 29th and 30th with an optional training day on December 1st. More than 600 participants are expected to attend the various presentations and sessions.

Why attend TRIMAX?

IBM TRIRIGA and IBM Maximo are leaders in asset management and IWMS application software and TRIMAX is the only user group with a combined focus for both. Naturally, such a focused user group can give you insights on product updates, solution road maps, and industry best practices…

ValuD and TRIMAX

With the largest and most experienced group of TRIRIGA consultants in the world, ValuD has been an active participant of TRIMAX since its inception. This year, our sessions will showcase MobilD, our mobility solution built exclusively for TRIRIGA

  • “TRIRIGA Mobility Solution (MobilD) Tailored to Drive Work Efficiency – A User Perspective” | Speaker: Kiel Schmitz, ValuD | Wednesday, Nov. 29, 2017, 1:10 PM – 2:00 PM
  • “New Capabilities of TRIRIGA FASB/IASB & Advanced Lease Accounting” | Speaker: Kirk Howcroft, ValuD | Friday, Dec. 1, 2017, 8AM – 3PM

[Admin: This post is related to the 07.18.17 post about ValuD at TRIMAX 2017, the 07.28.16 post about mobilizing IBM TRIRIGA, and the 11.15.17 post by IBM IoT about TRIMAX. To see other related posts, use the ValuD tag or MobilD tag.]

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Tango: Tailored Brands selects Strategic Store Lifecycle solution


Tailored Brands, Inc., a recognized leader in men’s tailored apparel operating over 1,400 locations in the U.S. and Canada, has selected Tango’s Strategic Store Lifecycle Management Solution to facilitate all aspects of their real estate strategy and store development activities needed to support growth of the company’s iconic brands, including Men’s Wearhouse, Jos. A. Bank, Joseph Abboud, Moores Clothing for Men and K&G. Tailored Brands has licensed Tango’s Market Planning & Site Selection, Program & Project Management, Lease Administration and Facilities Maintenance products…

An important consideration for Tailored Brands was ensuring compliance with the new lease standards put forth by FASB. Tango’s lease accounting software is unique in the marketplace, in that unlike other solutions that will require retrofitting to ensure compliance, Tango’s lease accounting functionality was developed with compliance as part of the foundation…

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

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Webinar: ValuD best practices of implementing TRIRIGA for FASB


Webinar: Thursday, September 14, 2017, 12:00 PM – 1:00 PM Eastern Time

Join ValuD’s Lease Accounting expert team in their Sept 14th webcast for “Best Practices of Implementing TRIRIGA for FASB Compliance” and get prepared to meet your FASB compliance deadline. Register here.

[Admin: The same announcement is also posted in the LinkedIn group. To see other related posts, use the ValuD tag or FASB tag.]

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