To prepare for the new lease accounting standards, manufacturing businesses have had to take a closer look at their leases. Because of the high volume of equipment leases in the manufacturing industry, this is nearly impossible to do without automated technology.
But beyond compliance, this new visibility helps manufacturing organizations, like MDU Construction Services Group, reduce the risk of missing lease options and making overpayments. There are real business benefits from managing your leases.
In this whitepaper, Visual Lease and MDU Group share the benefits of lease optimization, including:
- The business benefits of accessible lease data
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How to optimize your lease portfolio
- Cross-departmental responsibilities in lease accounting and administration
