Why is Lease Administration Crucial for Your Lease Accounting Solution?
Lease accountants leverage PropTech solutions to assist in managing their lease portfolio’s costs and financial reporting. However, these solutions may lack key functionalities to effectively manage and track all their leases, or the accountants don’t know the system they are using has these additional features. It’s critical to invest in a lease administration solution, in tandem with their lease accounting solution, to help everyone involved with leasing oversee all administration and financial aspects of the portfolio. Learn how investing and integrating lease administration and accounting solutions together will optimize how you manage your finances and make critical decisions regarding your leases and your portfolio.
Join us for this educational webinar, where we will discuss:
- Possible gaps that lease accountants have when leveraging PropTech solutions without lease administration functionalities that could impact their financial reporting
- The long-term value and cost savings in investing and integrating lease administration solutions with lease accounting solutions
- How lease administration solutions can improve cost savings by centrally organizing and managing all of your locations, contracts, dates and obligations
- How data integrity and workflow will dramatically improve when using lease administration and accounting solutions in tandem
