Let’s be clear: lease accounting software can’t recommend which decisions you should make. But it can provide the tools to help you test different scenarios without affecting your live data….
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The Visual Lease blog
In today’s fast-paced business landscape, small and mid-sized businesses (SMBs) face numerous challenges in managing their financial operations efficiently. As a business owner, you may be wondering “Do I need…
For the past three years, Visual Lease (VL) has hosted its Customer Advisory Board (CAB) Summit to engage directly with our most forward-thinking customers and partners. This year’s event in…
Leases are complex documents that can be challenging to interpret. Critically important details are often buried deep within a lease and can be (literally) hard to find. — Multiply that…
For every organization that’s purchasing lease accounting tools, there are many things to consider; and data security is a major concern. We’re talking about your company’s financial records, so rock-solid…
Managing lease escalation costs is one of the most complex and important responsibilities for corporate real estate executives. These costs, which often represent expense pass-throughs from the landlord to the…
From time to time clients raise the question of the difference between corporate real estate and facilities management. In essence, they’re asking why we have two different professional designations since they both seem to have the same responsibilities. But the two professions have distinct differences and responsibilities. Here we explore these differences and attempt to bring clarity to the issue.
Combining a lease audit service with a lease management system, such as Visual Lease, offers compelling benefits for organizations managing commercial leases. Commercial leases are complex legal documents, each with…
What are rent concessions? Rent concessions are discounts, incentives, or other benefits provided by landlords to tenants. Landlords sometimes offer rent concessions to entice tenants to sign a new…
Understanding Accrued Rent & Deferred Rent Rent is one of the largest expenses that companies face, and it’s critical to properly account for it. Under ASC 842, rent is accounted…
