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Glossary | FM & RE terms and definitions

Planon’s FM glossary provides free resources to help you navigate through real estate and facility management industry words, phrases, and acronyms.
Glossary | 09/17/2019
Lease Accounting

Leasing is a common financial solution that enables companies to use real estate properties, assets and equipment without initial investments and large initial cash outflows. Leasing is also a common practice to increase portfolio flexibility. 

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Glossary | 05/14/2019
Property Management Software

Property management software supports the automation of processes like portfolio management, transaction management, lease management, and (capital) project management for real estate owner and occupiers. 

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Glossary | 12/10/2018
IWMS | Integrated Workplace Management Systems

Integrated Workplace Management System (IWMS) is a software solution that enable executives and managers to reduce facility management costs and increase business productivity, compliance, and transparency. 

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Glossary | 09/05/2016
Service Management Software

Service Management aims to improve customer relationships and overall care, while also helping to reduce costs associated with providing those services. 

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Glossary | 09/04/2016
CMMS | Computerized Maintenance Management System

Computerized Maintenance Management System (CMMS) software supports maintenance planners, engineers, real estate owners, and service providers to ensure streamlined and compliant execution of work. 

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Glossary | 09/03/2016
BIM | Building Information Modeling

Building Information Modeling (BIM) is a digital representation of the physical and operational components of a building to aid in construction and beyond. 

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