Smashing another TRIRIGAFEEDIA milestone into smithereens


Today, TRIRIGAFEEDIA exceeded 100,000 hits! To put this into perspective, while it reached its first 10,000 hits in less than 8 months, it reached its last 10,000 hits in less than 2 months! Thanks to the TRIRIGA Around the World Facebook group, the TRIMAX user group, and the greater TRIRIGA community for reading, following, rating, commenting, and feeding TRIRIGAFEEDIA. I truly appreciate it!

[Admin: This post is related to the 11.23.15 post about exceeding the 20,000 milestone, and the 07.20.15 post about hitting the first milestone.]

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ValuD at IBM InterConnect 2017


March 19 – 23, 2017, MGM Grand & Mandalay Bay, Las Vegas, Nevada

IBM InterConnect is one of the largest events dedicated to Cloud, Internet of Things, and Watson. With over 25,000 attendees and 2000+ technical sessions, conducted by some of the most greatest and innovative minds in the business, InterConnect is the place to be to discover, learn and explore the best technology on the market.

As a premier business partner of IBM, ValuD will be participating as an IoT/Watson exhibitor and speaking at 3 breakout sessions including a joint session with IBM on lease accounting. You can find us at Booth 989 in the IoT/Watson section.

  • Session ID: 2879: Directions in Real Estate and Facilities Management
  • Session ID: 4471: TRIRIGA SaaS: Umpqua Bank’s Out-of-the-Box IWMS Implementation Story
  • Session ID: 4424: How Do You Manage Lands in a Cloud?

[Admin: This post is related to the 03.15.17 post by ValuD about managing lands in a cloud (Utah Department of Natural Resources’ TRIRIGA SaaS implementation), the 03.08.17 post by ValuD about Umpqua Bank’s TRIRIGA SaaS implementation, and the 03.02.17 post about the InterConnect 2017 Bootcamp labs.]

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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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What is the relationship between project context and security?


TRIRIGA has the notion of project-based security scope, also called project context. At the upper right-hand side of the main TRIRIGA portal, there is a toggle to switch between Company and Project-level security, as well as a query to find and select in which project to operate.

To see and select a project, the user must be given specific security access to a project. This is done by adding the user’s group or the specific user to the Security tab of the project. Once the user or users have been granted access to the project, and they select the project from the project selector on the portal, they are then in the “context of the project.”

Any records created in the project context are then owned by that project, and security is restricted to those records, so the records are only visible and editable to those people that have access to the project, and have also switched their scope to run in that project context.

Items like documents and folders within Document Manager will also operate in a project context. You may notice that files uploaded to the Notes & Documents tab of records in the project context have a different folder path within Document Manager. Because the entire Document Manager tree is also in the project context, it is necessary to have the parent folder created in the project context as well. This folder’s path will be different than the uploads on records at the company level.

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[Admin: This post is related to the 04.08.16 post about where your documents go in TRIRIGA, and the 08.25.16 post about an issue with selecting child projects.]

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NGKF VISION Real Estate solution is powered by IBM TRIRIGA


NGKF VISION Real Estate is powered by IBM TRIRIGA. This solution is not out-of-the-box TRIRIGA but rather a pre-configured solution incorporating NGKF best practices in service delivery. VISION Real Estate is a cost-effective, low-risk and schedule-friendly replacement for the myriad point solutions, spreadsheets and reporting applications utilized at most organizations. This tool supports the NGKF Integrator Model and NGKF Account Management services.

There’s a stigma in the industry about Integrated Workplace Management Systems (IWMS). Statistically speaking, many IWMS projects fail. Moreover, even when an IWMS project is successful only one or two modules are effectively utilized creating an expensive and ultimately wasteful technology point solution. Until now.

NGKF has reinvented how IWMS is delivered; providing clients a pre-configured solution built on a mature, commercial platform. NGKF VISION Real Estate is part of an integrated technology platform utilizing IBM TRIRIGA with NGKF best practices as well as features not available in IWMS; a supplier registration portal, a business intelligence solution and a suite of benchmarking and analytics tools.

NGKF has made the complex IBM TRIRIGA solution user-friendly, efficient, fast, and affordable. NGKF VISION Real Estate is even leveraged within NGKF’s own brokerage, project management, facilities management and lease administration user community. VISION Real Estate is implemented by CRE consultants with expertise in CRE service delivery, data management, and industry best practices…

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[Admin: This post is related to the 06.01.16 post about NGKF GCS and the acquired CFI team.]

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FM:Systems guarantees the RightPath to IWMS success


FM:Systems uses RightPath, a proven process based on hundreds of successful projects and decades of experience. FM:Systems customers consistently find that their systems are deployed on time and within budget, with measurable results in time frames that are dramatically faster than those of competing products… On average, a standard implementation spans a 20-week period.

Unlike other IWMS products that have been assembled through mergers and acquisitions, all FM:Interact modules have been solely developed by the FM:Systems product team. FM:Interact was built from the ground up to adapt to our customers’ business processes. This avoids the high cost, long time frames and risk associated with customizing other IWMS products…

Out of the box, FM:Interact provides a comprehensive set of modules to support the key functions of real estate and facilities management including space management, real estate portfolio management, strategic planning, asset management, move management, facility maintenance, project management and sustainability…

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[Admin: This post is related to the 08.01.16 post about the competitors of IBM TRIRIGA.]

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ValuD: IBM TRIRIGA is the leader in IWMS


Did you know that 90% of all companies rely on point solutions to manage their asset portfolio?

The downside of this is unfortunately the lack of transactional transparency. With real estate becoming the third most valuable or expensive single asset in the balance sheet, an Integrated Workplace Management System (IWMS) is the need of the hour. By providing a single source of information for your asset portfolio, it can help your business achieve all your financial, operational and environmental goals.

So where does IBM TRIRIGA fit in?

With 750+ companies using IBM TRIRIGA worldwide (out of which 119 added in just the last 12 months!), it goes without saying that IBM TRIRIGA is the undisputed leader in the IWMS market today. This fact has been reiterated by research company Gartner in its popular magic quadrant, in which IBM TRIRIGA has yet again been positioned as a “Leader” for the year 2014. As the infographic points out, IBM TRIRIGA has been overpowering competition even from bigger players like Oracle and SAP while, at the same time, successfully resisting the challenges posed by niche players like Manhattan Software and Accruent…

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[Admin: This post is related to the 08.01.16 post about the competitors of IBM TRIRIGA.]

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