News, views and industry trends
Creating a business case for lease management software
In the highly competitive world of property management, staying on top of your portfolio is the key to success. However, juggling leases can be a complex task of documents, deadlines and specifics that often challenge even the most experienced lease …
What is lease management?
Lease management manages all aspects of a lease agreement, from creation to the ongoing management of the tenant-landlord relationship. Effective lease management is vital for property managers and landlords to reduce risk, maximise revenue and compl…
What is lease accounting? The basics simplified and explained
Effective from 1st January 2019 for private sector organisations and more recently in the public sector from 1st April 2022, IFRS 16 is the new standard for lease accounting issued by the International Accounting Standards Board (IASB). These latest …
What is IFRS 16?
How can software assist with IFRS 16 compliance? If you work within finance and accounting, you will no doubt by now be familiar with the term IFRS 16. In recent years, the accounting world has undergone a significant change to its lease accounting s…
Different types of compliance by industry
With visitors, contractors, and employees back in our workplaces, organisations seek software that ensures everyone coming in or out of their buildings is aware of and meets their compliance requirements. Your organisation probably has unique corpora…
How lease administration teams can adapt to changing workplace dynamics
Nearly every industry is experiencing high turnover at the moment, and the commercial real estate sector is no exception. New workplace trends like the Great Resignation have led to a high level of employee churn, disrupting essential processes and t…
Finding the right lease accounting solution for the transition
Welcome back to our series of IFRS 16 ‘101’ blogs, aimed at guiding you through the preparation required to successfully transition to a IFRS 16 lease accounting solution in time for 1st April 2022. Now that you have collated all your lease data …
The changing landscape of retail real estate
The concept of ‘reinvention’ seems to be on everyone’s lips across many disciplines, many sectors, and many organisations, due to the global economy and business landscape evolving. Global challenges pile pressure on organisations to become more inno…