The FR sat down with Robert Michlewicz, CEO of lease optimization software provider Visual Lease, to understand why organizations are turning to technology to manage their lease portfolios.
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Despite 2024 being expected to be the hottest year on record, according to projections by the European climate service, Donald Trump’s victory in the race to become the next US…
The International Auditing and Assurance Standards Board is preparing for the adoption of its International Standard on Sustainability Assurance 5000 early next year as companies look to get outside approval…
People are often businesses’ largest expense, but leases—for offices, facilities, equipment and vehicles—are usually not that far behind.
Tenants have gained leverage in lease negotiations in recent years as office owners have seen companies downsize or exit buildings entirely.
As regulatory requirements continuously evolve, leaders must adapt their finance and operational functions to stay compliant and mitigate potential business impacts.
In this compelling episode of Fintech’s DEI Discussions, host Nadia, Co-Founder and Chief Customer Officer at Harrington Starr, engages in a thought-provoking conversation with Amie Durr, the Chief Product Officer…
Expert says lease management strategy will be a “top business priority” next year.
Visual Lease is the leading lease optimization solution provider empowering organizations across the globe to leverage their lease portfolios for strategic financial and operational outcomes.
We are pleased to announce that Kathryn Eskandarian, Visual Lease’s Chief Financial Officer, has been named a finalist in the 21st annual Stevie® Awards. Kathryn is being recognized in the…
Bill Harter, Principal ESG Solutions Advisor at Visual Lease, and John Rogers, Chief Innovation Officer of CoreLogic, join Jill Malandrino on Nasdaq TradeTalks to discuss long-term, sustainable solutions for implementing…
The office of finance continues to undergo a profound digital transformation driven by evolving regulatory requirements, ongoing talent shortages, increased burnout and changing market conditions.
Now encapsulating a focus on societal impact and the environment, the term ‘fintech for good’ has evolved from its initial meaning of charity. But it doesn’t stop there. This July,…
Office space absorption is expected to remain negative through 2025, with that rate gradually slowing by the end of next year, according to a new report from NAIOP.
The SEC is making it known that environmental statements should be the equivalent of financial disclosures.
Nearly two years after sharing its proposal for climate-related disclosures, the Securities Exchange Commission announced its final rule on March 6. According to the SEC’s official statement from chair Gary…
When it comes to business leadership, challenges are omnipresent. From rapidly changing market dynamics to technological disruptions, executives today grapple with multifaceted issues that directly impact their decision-making and strategic…
Sustainability continues to gain momentum as the United States moves to standardize related reporting efforts. Most notably, the Securities and Exchange Commission recently announced its official guidance, requiring publicly traded…
While commercial leasing activity is anticipated to increase in 2024, it is also expected to linger below pre-pandemic levels, according to a recent survey by CBRE.
It took Gary Gensler’s SEC two years to get a rule requiring companies to disclose their climate impacts approved, but it’s only taken days for opponents to file legal challenges.
The newly passed greenhouse gas disclosure rule from the Securities and Exchange Commission will have a significant impact on many industries, including commercial real estate.
The US Securities and Exchange Commission (SEC) approved its anticipated climate disclosure rules but watered down emission disclosure requirements under pressure from politicians and lobbying groups, making it less stringent…
The US Securities and Exchange Commission (SEC) has adopted its watered down climate risk disclosure rule in a disputed 3-2 vote, but its future remains uncertain in the face of…
The US Securities and Exchange Commission (SEC) has adopted the long-awaited rule to enhance and standardise climate-related disclosures, with multiple changes compared to the original draft – something that SEC…
After a long meeting, the SEC in a divided vote passed its long-expected greenhouse gas disclosure rule. While it changed “quite significantly” from the original more extensive form, as Anna…
The Securities and Exchange Commission voted 3-2 Wednesday morning to approve rules that would initially require large corporations to report part of their carbon emissions, but not Scope 3 emissions.
A divided Securities and Exchange Commission voted three to two Wednesday to approve a new rule that would require companies to provide climate-related disclosures to investors, but scaled back the…
ESG (environmental, social and governance) reporting has evolved into an essential cornerstone of corporate well-being due to its influence on critical stakeholders.
Artificial intelligence has been at the top of people’s minds for all of the past year, and the accounting profession is no exception…
Leases are contracts in which the property owner allows another party to use the property or asset in exchange for some consideration, usually for money or other assets. This is…
We’re excited to share the thoughts of fintech CEOs and industry leaders from across the globe to 2023’s key takeaways and what we should expect to be top of the…
Technology developers who serve the accounting profession have planned a bevy of new products, features, capacities, integrations, partnerships, initiatives and other major developments for 2024 that are all aimed at…
It’s that time of year again for the annual EKMH Innovators’ predictions! As the saying goes, the past is prologue: click and read past predictions about 2017 marketplace lending, 2018…
The pressure to establish an ESG reporting framework is mounting as various regulatory bodies issue guidance.
Climate-related disclosure efforts are amplifying year over year (YOY), despite persistent and persnickety pain points, as more organizations widen the scope of the “discovery phase” of their environmental, social, and…
Building strategic financial partnerships has become a crucial factor for a company’s success and growth. Collaborating with the right financial partners can provide businesses with the necessary capital, expertise and…
Heightened scrutiny around environmental, social and governance issues is impacting a company’s operations on every front, including its lease management, according to a study from Visual Lease.
Companies are bracing for the Securities and Exchange Commission’s climate-related disclosure rule, according to a new survey.
Controllers Council recently held a panel discussion on ESG 101: Practical Approaches for Navigating Compliance, Controls, and Sustainability Reporting, sponsored by Visual Lease.
In the last few years, environmental, social and governance (ESG) planning has become ubiquitous. No matter the industry or company size, businesses have made tremendous investments to advance ESG policies—and…
When properly managed and prioritized, financial, operational and legal data has the potential to contribute significant strategic value to a business that extends far beyond meeting compliance requirements.
The management and administration of leases is a complex challenge for organizations of any size, from a landlord renting out a room to a corporation renting out airplanes. With a…
Joe Fitzgerald is Senior Vice President of Lease Management Strategy at Visual Lease. Over the past three years, environmental, social and governance adoption has become more ubiquitous, sweeping across industries.
Taxfyle releases generative AI tax prep bot; Carbon accounting firm Greenly launches app store; and other accounting tech news.
Cboe Global Markets, Salvatore Ferragamo, Bolt, MarketWise, GoGuardian, Visual Lease, InnovAge, MiMedx Group, MedMen
Chief financial officers are playing an important role in helping businesses navigate corporate ESG issues. We explore three key area
Finance chiefs should focus on three areas when building climate-reporting systems—collecting data, tracking regulation and coordinating with ESG raters
The regtech space is in for a major shake-up, with the FCA‘s new Consumer Duty regulations coming into effect in two months. This presents an opportunity for financial institutions to adopt…
Asuccessful CMO has many roles, including leading an organization’s marketing department, establishing marketing strategies, and tracking successes and failures.
When it comes to adopting the new ASC 842 lease accounting standards, initial implementation — as difficult as it may be — is only the first step in a long…
Visual Lease, a vendor of lease optimization software, announced VL ESG Steward, “a solution designed to track and report on the environmental impact of an organization’s owned and leased asset…
Lease software provider Visual Lease announced it has launched a new product, VL ESG Steward, designed to help organizations track and report on the environmental impact of their owned and…
Visual Lease launches ESG solution; GBS Tax and Bookkeeping rebrands as Cleer Tax and Bookkeeping; the ITA is looking for new president; and other news…
U.S. businesses are looking to add office space this year, but their planning is more short-term than it used to be, according to a new survey by software specialist Visual…
A new report from proptech company Visual Lease digs into what corporate CRE executives are planning.
A study released this week by lease accounting software company Visual Lease found that 70% of the senior real estate executives polled say their clients are looking for more office…
The report also found more than half (52%) of senior real estate executives report that their companies are planning to add new satellite locations and 28% are looking to downsize…
Most firms still plan to grow their real estate footprints in 2023 despite the looming threat of an economic recession, according to a report from lease software provider Visual Lease…
For the last decade, the role of corporate finance professionals has increasingly expanded.
Private companies in the U.S. are still adjusting to the lease accounting standard that took effect last year, even as international standard-setters are proposing new rules for the public sector.
Lease optimization solutions provider Visual Lease has promoted Amie Durr to chief product officer; she will be the company’s first CPO. … AbacusNext, a software solutions provider specializing in the…
Technology by itself is NOT the answer — people are. There has been a migration towards technology platforms for countless workflows. We applaud companies that have acquired those solutions. What…
Visual Lease is a SaaS company empowering organizations to leverage their lease portfolios as a strategic asset, rather than a cost item. In the face of new lease accounting standards,…
Whether it’s to avoid upfront costs of purchasing new equipment or to have an opportunity to upgrade to new equipment after a few years, leasing is part of many construction…
A virtual business world means that documents are living in more places than ever before. For businesses with large lease portfolios, this can lead to higher risks, lost revenue, and…
“Aside from people expenses (aka all headcount-related costs), do you know what the next highest expense line item in your organization’s budget is? For many, the answer to this question…
As we enter the final months of 2022, accounting departments should feel like they are crossing a new finish line. This year, many private companies had to adopt ASC 842,…
Visual Lease, has released a report titled, “The 2022 Lease Market Analysis: Lease Accounting Readiness.” The main finding in the report is that a whopping percentage of companies are not…
Many businesses today are overlooking a critical line-item expense: leased assets (commercial real estate, equipment, fleet, land and more). While leases should be part of routine financial management, a report…
Lease inventories, hiring more staff and renegotiating lease terms are some of the moves private companies can take to make compliance easier.
The FASB on Sept. 21, 2022, voted by 4 to 3 to issue a proposal that would change the accounting rules for leasehold improvements in inter-company leases done by both…
FinLedger spoke with Joe Fitzgerald, senior vice president of lease market strategy at Visual Lease to discuss the report and understand the implications of the new lease accounting standards.
PropTech Breakthrough, an independent market intelligence organization focused on real estate and property technology companies, yesterday announced its second annual PropTech Breakthrough Awards, highlighting some of the most influential and innovative…
The Financial Technology Report is pleased to announce The Top 25 Financial Technology Leaders of New Jersey for 2022. While New Jersey may be considered part of the New York…
Real estate is one of the largest operating expenses for retailers worldwide. Second only to labor costs, rent can account for more than 30 percent of expenses and, according to research from…
Even though leases typically comprise a major piece of a business’ budget, most companies don’t know how much their leases cost and many are unsure about how to account for…
The new lease accounting standards under ASC 842 are sticky, demanding, and—after multiple delays—most definitely here for all companies, whether public or private when the Financial Accounting Standards Board finally…
The new lease accounting standards under ASC 842 are sticky, demanding, and—after multiple delays—most definitely here for all companies, whether public or private when the Financial Accounting Standards Board finally…
As part of my series about the “5 Things You Need To Know To Create a Successful App or SaaS”, I had the pleasure of interviewing Marc Betesh. Marc Betesh…
Professionals on the Move is a round-up of recent staffing announcements and promotions in and around the tax and accounting space. Carrie Summerlin Named FICPA’s New Chief Growth & Innovation…
The introduction of lease accounting standards has forever altered how public, private and government entities manage, track and report on their leases. To understand more about the leasing sector and…
In response to the ongoing impact of the global pandemic on revenues and business operations, companies are evolving how they prioritize and manage their commercial real estate leases. Many organizations…
