HomeServices of America Case Study – New

Achieving compliance and insights for a $5 billion company.

HomeServices of America

Achieving compliance and insights for a $5 billion company.

Read More

HomeServices of America, a $5 billion real estate company, uses Visual Lease to efficiently manage a portfolio of 1,200 real estate and equipment leases, covering 5.7 million square feet across 35 operating companies, and enhancing operational control.

“Outside of dates and dollars, we needed a tool that had other features and that we could grow with. That was the driver for choosing Visual Lease. It had scalability. We could configure it to our processes. It had the security we needed. It could connect to our ERP when we needed to. Those were all very important things.”

 

Herb Cohn,
Director of Corporate Services, Treasury & Risk at HomeServices of America

Read More >>

Since partnering with VL, HomeServices of America has:

Empowered local teams to manage their own leases while maintaining centralizedoversight and quality assurance.

Achieved reliable reporting that aids in budgeting, forecasting, and making data-driven decisions.

Streamlined lease controls to meet ASC 842 standards and passed audits with centralized lease data.

tspinelli

Recent Posts

Corporate Real Estate Strategy: A Comprehensive Approach

From time to time clients raise the question of the difference between corporate real estate…

1 week ago

Accounting for Nonprofits: ASC 842 Standards & Regulations

Much like their for-profit counterparts, nonprofits must also follow specific financial reporting standards, including Accounting…

1 week ago

Lease Incentives Under ASC 842

Lease incentives play a crucial role in lease agreements, representing payments made by the lessor…

1 week ago

GAAP vs. Tax Accounting: Financial Reporting

GAAP (Generally Accepted Accounting Principles) and tax accounting are two common methods used in accounting,…

1 week ago

What Is Carbon Accounting? Methods and Systems

In today’s business environment, organizations are under growing pressure to understand, measure, and report their…

1 week ago