Latest blog posts
Why AI-driven intelligence is becoming essential for modern lease administration
key takeaways Traditional lease abstraction processes can no longer keep up with growing portfolio complexity, leading to data gaps, risk exposure and missed financial opportunities. AI-powered contract intelligence improves accuracy, visibility and…
What is finance lease accounting?
Key takeaways Finance lease accounting requires recognising both a right-of-use asset and a lease liability on the balance sheet. It reflects arrangements where the lessee assumes the risks and rewards of ownership. Lease payments are split into pri…
What are lease liabilities?
Key takeaways Lease liabilities represent the present value of future payments for leased assets and must be reported on the balance sheet. IFRS 16 and FRS 102 increase transparency but add complexity for finance teams. Calculating lease liabilities…
7 problems solved with IWMS solutions
Due to inefficiencies that affect business productivity, more organisations are now realising the potential of utilising IWMS solutions to improve and increase their agility and resilience, optimise operational efficiency and create flexible and enga…
Why spreadsheets no longer measure up
As the revised FRS 102 standard introduces more meticulous lease accounting requirements, the limitations of spreadsheets are becoming increasingly apparent. In a recent broadcast, Gavin Maze from MRI Software and Richard Olney from Grant Thornton hi…
What is lease management?
Lease management is the process of overseeing and administering lease agreements throughout their entire lifecycle. It covers everything from creating, negotiating and executing lease contracts to ensuring compliance, tracking key dates and managing …
Types of workspaces: A guide to smarter office design
Workspaces have changed dramatically in the last two decades. Once dominated by cubicles, private offices and rigid seating plans, the modern office now embraces flexibility, hybrid working and employee experience as central pillars of workplace desi…
What is office wayfinding? A guide to smarter workplace navigation
In the past, workplace navigation was straightforward: desks were fixed, teams sat together and floorplans rarely changed. Today, the landscape looks very different. Hybrid working, unassigned seating and multi-building sites mean that navigating the…