Without a specific focus on lease administration, a corporation’s real estate assets are likely to be underutilized.
— Scribcor Global Lease Administration. Full-Service, Best-in-Class Lease Administration. Lease Accounting, Leasing Service, Lease Services, Lease Abstract, Lease Audit, Triple Net Lease, FASB Lease Accounting
by Scribcor Global | May 29, 2019
This can result in missed opportunities to capture value, streamline operations, and avoid costs. When these opportunities are missed and inaccurate charges are unknowingly paid, the result is an asset portfolio that is both more expensive and more difficult to manage. Additionally, it becomes increasingly difficult to remain compliant with regulatory requirements such as the new FASB and IASB lease accounting standards.
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