Scribcor Global Articles

Posts from Scribcor Global Lease Administration.

Scribcor Global Lease Administration successfully completes SOC 1, Type 2 Audit Examination, symbolizing adherence to described internal controls and commitment to best practices.

  OAKBROOK TERRACE IL, September 13, 2022 -- Oakbrook Terrace, Illinois-based Scribcor Global Lease Administration announced today that it has successfully completed a System and Organization Controls (SOC) 1, Type 2 Audit examination for their lease...

5 Things to Know. Right. Now. About Effectively Managing Equipment Leases

A lease is a lease, right? It is true that all leases are contracts and share some of the same characteristics, even though specific rights and obligations can vary due to differences in the underlying leased assets. Some leases, like those for real estate assets, are...

5 Things to Know. Right. Now. About Why You Shouldn’t Ignore Your Equipment Leases

The processes for equipment leasing in many organizations can be characterized as fragmented and decentralized, especially for small value assets. Some high-volume, higher value assets such as fleet vehicles might be leased under master agreements, but for others,...

Desktop vs. Full Lease Audit & Audit Rights, Explained

We often discuss how important it is to review your Common Area Maintenance (CAM) or Operating Expense (OPEX) reconciliation since reviewing this information can save your company money. Depending on the size of your leased space, it could be a great deal of money....