10 Ways to Optimize Your Lease Portfolio As A Lessee

As a lessee, optimizing your lease portfolio involves strategically managing your leases to maximize efficiency, reduce costs, and minimize risks. Here are some steps you can take to optimize your lease portfolio: 1. Consolidate and centralize lease data: Start by gathering all your lease agreements and centralizing them in a lease management system or database.... Continue Reading →

Mastering Lease Management: Essential Tips for Lessees

Lease management is a fundamental skill for lessees, allowing businesses to access assets and properties without the burden of ownership. Whether you're a small business owner or a corporate entity, understanding the intricacies of lease agreements is crucial for efficient operations and financial stability. In this blog, we'll explore some essential tips for lessees to... Continue Reading →

The Future of Property Management: Embracing Lease Management Solutions for Client Success

The property management industry is continuously evolving, driven by advancements in technology and the ever-changing needs of property owners and tenants. One significant development in recent years is the increasing adoption of lease management solutions. These solutions enable property managers to streamline their operations, offer enhanced services to their clients, and ultimately drive greater success... Continue Reading →

Unlocking the Benefits of Cloud Lease Accounting & Lease Management Solutions for Property Managers

There are several benefits of a cloud lease accounting and lease management solution for property managers, including: Improved accuracy: Cloud lease accounting and lease management solutions automate the lease accounting process, reducing the potential for human error. This results in more accurate financial reporting and better decision-making. Centralized data: Cloud solutions provide a centralized location... Continue Reading →

What are the benefits of a centralized contract management solution

Centralized contract management solutions in the cloud offer several benefits to organizations, including: Accessibility: With a cloud-based solution, contract information is accessible from anywhere and at any time, as long as there is an internet connection. This enables organizations to manage contracts remotely and provides flexibility to access important information when needed. Efficiency: A centralized... Continue Reading →

Effective Use of Technology For Lease Management

Lessees often underestimate the transformative power of technology when it comes to effectively managing their lease portfolios. Within the complex landscape of lease agreements, there are frequently option features and triggering events buried in the fine print that demand vigilant monitoring. Relying on outdated methods such as Excel spreadsheets or paper files stashes in cabinets... Continue Reading →

October 22, 2014 Joint FASB and IASB Meeting

The FASB and the IASB (“the Boards) held a joint meeting on October 22, 2014 to continue deliberating the proposals in the May 2013 Exposure Draft, Leases. The discussion centered exclusively on the definition of a lease and, for the most part, reiterated the tentative conclusions that had been previously discussed. The Boards indicated that a... Continue Reading →

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