Should-you-invest-in-a-software-or-outsource-lease-abstraction
Monday, 10 January 2022 / Published in Lease Abstraction, Real Estate
Should you invest in a software or outsource lease abstraction?
Lease abstraction has emerged to be a critical process in managing lease portfolios efficiently. The summary of important and critical lease terms and clauses and relevant lease data allows property managers and landlords to access lease data quickly. This makes executing lease terms and making informed decisions easy and seamless.  With the growing demand for
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lease abstraction
Tuesday, 02 November 2021 / Published in Lease Abstraction, Real Estate
Are you prepared with lease abstractions to comply with ASC 842 in January 2022?
Private companies are fast approaching the deadline of January 2022 for implementing the process to comply with the new lease accounting standard ACS 842. The intention behind this standard is to bring every operating expense on to the balance sheet that were previously off balance sheet.  What this essentially means is filling in all the
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Monday, 04 October 2021 / Published in Lease Abstraction, Real Estate
The criticality of accurate and timely lease abstraction in a volatile market
Commercial real estate is one of the worst hit industries in the wake of the pandemic. As work from home continues, with some companies opting to adopt that policy as a new way of working, many offices are actively reducing their infrastructure footprints. This is helping companies to save cost and optimize returns. According to
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