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Scribcor Global

Year End Lease Administration in a 2020 World

December 8th, 2020 | Scribcor Global

This year, it is more important than ever to prepare for year-end lease administration activities.  During a year where some leases were modified for pandemic related reasons, some lease assets are impaired, expenses for health and safety efforts increased, physical occupancy of buildings decreased, assets were taken out of service and more, the business of […]

Preparing for Potential Disruption – Three Concerns

March 6th, 2020 | Scribcor Global
business-continuity-plan

Heightened concern over the spread of coronavirus is building worldwide consistent with the increase in number of confirmed cases.  The virus has been reported in the Chicago area and proactively, like many other firms, we are taking steps to confirm that we are able to continue servicing our clients should we need to close our […]

Centralized asset tracking usually leads to less inventory shrinkage due to theft or lost assets.

July 29th, 2019 | Scribcor Global
Centralized asset tracking

The accounting calculations are done by computer and take minutes as compared to months if done manually. richard-mille-c-74.html

De-centralized data management requires more effort and creates inefficiencies for companies of all sizes.

July 25th, 2019 | Scribcor Global
lease data management

A centralized process, with centralized leasing is highly important. Leases must be located and collected, and then identified to properly capture and support the data needed to effectively administer these portfolios and comply with financial reporting standards.

Scribcor Global gives you immediate access to lease data because we know it’s critical for the success of any portfolio management strategy.

July 22nd, 2019 | Scribcor Global
portfolio management strategy

The easier it is for our clients to access their data, the quicker they can focus on core business and create a culture where timely information leads to better decisions and action. The Scribcor Global Lease administration team ensures that lease data is readily available to users across the enterprise…now.

Scribcor Global’s team members have the ability to be deep in the weeds of projects but also to work at the treetops with clients, sometimes at the same time.

July 18th, 2019 | Scribcor Global
lease administration team

For us to maintain our high standards, our team has been assembled to include top talent that isn’t strictly accounting, isn’t strictly legal, isn’t strictly administrative. It’s one of the secrets of our success.

Scribcor Global offers full-service lease administration, lease abstraction, FASB lease compliance and equipment lease administration.

July 16th, 2019 | Scribcor Global
lease administration

We do it all, optimizing efficiency and ultimately saving our clients money. Our team is comprised of talented attorneys, accountants, paralegals and property management professionals that combine technology, resources and market knowledge to help streamline lease administration and help clients avoid costly billing errors and overpayment.

Plan and prepare, and seek outside support to get the most effective, customized lease accounting solution for your organization.

July 12th, 2019 | Scribcor Global
lease accounting

All companies need to know, and proactively manage, the state of affairs of their leased equipment portfolio. Scribcor Global offers full-service lease administration, lease abstraction, FASB lease compliance and equipment lease administration.

Your most critical asset is your data.

July 10th, 2019 | Scribcor Global
data quality

It’s critical to know what your data entails, and you should also know how your data can help you make better decisions. The team at Scribcor Global helps improve your real estate lease data quality and value because the more you know about the information you have, the better prepared you are to use it, […]

A lease administration program that is proactive is a lease administration program with data intelligence.

July 8th, 2019 | Scribcor Global

Know right now, with a proactive approach, and you can reconcile landlord charges and portfolio changes most easily.