Finance Lease vs. Capital Lease vs. Operating Lease: How to Tell the Difference
In lease accounting, you’ll come across three different terms for kinds of leases: operating lease, finance lease, and capital lease. In order to ensure that your accounting is accurate and in...
View ArticleHow to Reduce Occupancy Costs: Strategies for Corporate Offices and Retailers
Occupancy costs encompass all of the expenses you pay in exchange for the right to use a facility—primarily rent, utilities, insurance, and common area maintenance (CAM) expenses. Some occupancy costs...
View ArticleCapital Planning: How Tango Projects Helps You Keep Capital Programs on Track
Traditional project management solutions weren’t built for the scale and complexity required to manage capital programs. Namely, they struggle to establish useful, time-saving relationships between...
View ArticleOffice Space Planning: How to Maximize the Benefits and Achieve Goals
Whether you’ve occupied the same office space for decades or you’re opening a new location, it’s important to make intentional decisions about how your space is used—so you can ensure it serves your...
View Article3 Ways the Government Is Using Real Estate More Efficiently
Grand, lavish office buildings have long been symbols of an organization’s importance, success, and influence. The most prominent organizations occupied the most—or best—real estate. But with the...
View Article6 Tips for Commercial Lease Negotiations
Whether you’re negotiating a new lease or a lease renewal, negotiation is a crucial process to ensure tenants and landlords create a legal agreement they’re both comfortable with. For the most part,...
View ArticleKey Components of Integrated Facilities Management (IFM)
Integrated Facilities Management (IFM) is a holistic approach to facility management that encompasses coordinating internal and external services, space optimization, and sustainability management. By...
View Article7 Must-Have Conference Room Management Capabilities
Whether you’re managing a hybrid workplace or your employees are in the office full time, it’s vital that your workforce has access to the resources they need. This is most challenging with shared...
View Article4 Reasons to Use One Vendor for Store Lifecycle Management
Store Lifecycle Management (SLM) encompasses a broad range of highly specialized software solutions. Each major component of your SLM facilitates vital workplace operations. So as your organization...
View ArticleWhat Is a Right of Use Asset?
Under old lease accounting standards, a lessee would account for a leased asset by recording the asset itself. But this has changed under new lease accounting standards, including ASC 842, GASB 87,...
View Article7 Office Layout Ideas for Enterprises
How you arrange your office directly affects the way people feel about where and how they work—and the type of work they’ll find easiest to accomplish. You have to account for both functionality and...
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Report: Fully Remote and Hybrid Employees Report Higher Levels of...
As employers have pushed for the return to the office, company culture has often been a key part of the rationale for getting employees back in the building. Working remotely, they argue, results in a...
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Report: Remote Workers Have More Privacy and Fewer Interruptions Than...
It’s nice to imagine that when your employees set foot in the office, they all have the space they need to be productive. You’ve probably made significant investments to see that they do. But whether...
View ArticleFacility Management Explained: A Modern Guide to Building Operations
Facility management is the combination of processes that organizations use to oversee and coordinate the assets, people, services, and utilities associated with their buildings. Depending on the scale...
View ArticleRetail’s Variable Demand Problem (And How to Solve It)
In every product category, retailers face a common challenge: demand for your business fluctuates. Your sales performance (and operational strain) changes with the time, day, season, and more. Perhaps...
View ArticleHow Tango Helps Retailers Optimize Store Layouts at Scale
Your store layouts directly impact performance and brand perception, shaping how consumers feel about your locations, as well as what they buy, how much they spend, and how they engage with your...
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Ask Tango: How Generative AI Simplifies Our Software
With the advent of large language models , generative AI became ubiquitous seemingly overnight. While it certainly has its limitations, this tool has incredibly widespread applications—so much so that...
View ArticleWhat Is Facility Planning?
Every facility manager wants to use their buildings and assets effectively. But what that means is different for every organization. And you can’t use facilities well if you only react to how they’re...
View Article7 Types of Space Utilization Sensors and How to Get the Most from Them
Years ago, most office-based workplaces measured space utilization in one of two ways: badge scanners or manual walkthroughs. But these methods only provide limited glimpses into how your workplace is...
View ArticleRefit vs Recalibration: Which Do You Need?
Without accurate site models, you can’t generate reliable sales forecasts or make consistent, quality real estate decisions. But site models are only accurate if they reflect the current state of your...
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