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Lease Management: Unlocking ROI Opportunities within Your Lease Portfolio

On-demand webinar summary

Lease management is integral to achieve and maintain lease accounting compliance. But that’s not the only opportunity it presents.  

In fact, 100% of recently surveyed senior finance and accounting professionals acknowledge that lease management, which is required to sustain accounting compliance, comes with real business benefits. But how do you identify – and benefit from – your lease information? 

In our recent webinar, Lease Management: Unlocking ROI Opportunities within Your Lease Portfolio, experts in lease optimization and real estate shared: 

  • An overview of the lease management landscape
  • The impact of integrated lease management (reduced risk, reduced costs)
  • How to increase ROI from centralized lease data 
Marc-Betesh

Marc Betesh

Founder & Executive Chairman
Visual Lease

jason aster headshot

Jason Aster

Managing Director, Growth KBA Lease Services

tiffany martin headshot

Tiffany Martin

Real Estate Analyst Gartner

To learn more, read the summary below or view the on-demand webinar. 

Leases are incredibly expensive – and undermanaged by organizations

Did you know that businesses often lack financial controls for their lease portfolio-related expenses, despite leases’ high cost and liability? This lack of control can put your organization at risk of losing a lot of time and money. 

This is why lease management is important. Lease management enables you to: 

  • Reduce risk
    • Gain visibility into rights and obligations
    • Limit exposure to indemnification and other serious obligations
    • Control exposure to loss not covered by insurance required by the lease
    • Eliminate confusion and wasted time over repair and maintenance responsibility
    • Avoid damage to landlord-tenant relationship over misunderstood rights and obligations 
  • Reduce costs
    • Avoid overpayments by knowing what your leases say
      • Monitor OpEx, CAM, RE tax, utilities, sundry charges, supplemental services
    • Avoid missing the right to correct errors by managing audit windows
    • Take advantage of market opportunities by allowing cross-functional access to lease data
    • Secure proactive, effective and responsive use of your leased assets

Lease management is two-fold

A reliable lease management process consists of two things: 

  • Using dedicated technology to centralize and organize lease data 
    • Create a single source of truth by using a robust lease management system
  • Working with dedicated professionals to evaluate your lease portfolio 
    • Engage a third-party partner to guide or handle leases

“It’s so important to have your leases organized. Having our leases all in one place has been a tremendous time-saver for us at Gartner,” said Tiffany Martin, Real Estate Analyst at Gartner. 

 

For more information about lease management, view the on-demand webinar: Lease Management: Unlocking ROI Opportunities within Your Lease Portfolio. 

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