Equipment Lease Administration
Managing equipment leases requires diligence and attention to details. Portable leased assets and industry specific lease concepts drive the need for sophisticated support to meet asset level accounting requirements.
Equipment is not Real Estate
Leased equipment portfolios are dynamic and fluid. Unlike leased real estate, individual leased equipment assets may be relocated or be taken out of service during the lease term. Monitoring these and other lease events is critical to minimizing lease costs, controlling asset inventory, and accurate financial reporting.
Full Service Lease Administration
While the terms and business of equipment leases might differ from real estate, Scribcor has the expertise to service all lease portfolios. Our centralized equipment lease administration approach ensures all data points required for lease accounting calculations are captured and reflected in your lease administration database solution.
Full Service Lease Abstraction
Scribcor Global Lease Administration delivers an accurate and comprehensive lease abstraction program which captures, validates, and reviews hundreds of data elements.