A Focus on Lease Administration is critically Important.

by | Jun 4, 2019 | Scribcor Global

corporate lease
A corporation’s real estate assets are likely to be underutilized, if there is no specific focus on lease administration. This in turn results in missed opportunities to capture value, streamline operations, and avoid costs.

When these opportunities are missed, and inaccurate charges are paid, the result is an asset portfolio that is more expensive and more difficult to manage. It also becomes increasingly difficult to remain compliant with regulatory requirements such as the new FASB and IASB lease accounting standards.

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