Global lease accounting rule changes have triggered an overhaul of digital real estate strategies for property occupiers.
With the costs of property and equipment lease portfolios now impacting balance sheets, organizations are putting a much greater focus on their reporting obligations – aiming to achieve greater efficiencies in the process and enable faster and easier access to key information and data for strategic decision-making.
The COVID-19 pandemic has only served to emphasize and accelerate the digital transformation taking place. To help navigate the impacts and challenges posed in the current environment, occupiers are turning to their software solutions as a platform for delivering key short- and long-term business priorities such as cost reductions, lease flexibility and an enhanced staff and customer experience.
In this extensive report, published in partnership with independent research and consulting experts Verdantix, we present findings from in-depth interviews with more than 50 top executives at multinational organizations, exploring why the industry is rethinking its digital approach.
Supported throughout by statistical analysis, the discussion points include:
- Top organizational priorities for real estate leaders and decision-makers
- How new lease accounting rules are shaping real estate strategies
- Common challenges of adopting the new standards
- The global shift to software as a solution for lease accounting
- Maximizing value from digital investments
Simply complete the form to download the full report and learn how these factors and more are driving fundamental changes in the way real estate occupiers are adopting, leveraging and developing their use of technology.
Learn more about MRI Software’s solutions for real estate occupiers here.