Lease Administration - Why You Should Make the Change, Now
Lease information is incredibly valuable and can be considered a company's most powerful strategic asset. However, over the last 15 years there have been few advancements in the capabilities offered in lease administration offerings.
Download Tango's Lease Administration eBook: The Time for Change is Now
Change forces, both internal and external, are propelling companies to shift their perspective on the impact that eﬀective management of lease administration has on the success of their entire real estate process.
Over the last 15 years, it is safe to say that there has been little advancement in the capabilities offered in lease administration solutions. The art of the user experience has evolved dramatically across most industries to where the experience must create value for the customer. Sadly, this evolution hasn’t happened for lease administration.
FASB and IFRS regulations now also require every company to have access to the necessary lease data to be in compliance and to understand the impact this will have on their financials.
As such, every company should take a hard look at their existing lease administration solution provider, and determine if staying with the same old solution - and taking an upgrade of new functionality to meet these standards - is worth the cost and time of re-implementation.
This eBook provides a quick overview of the limitations of existing solutions, and the incredible opportunity for a fresh perspective towards solving customer needs, while addressing the strategic value of lease data and deeper integration into the store lifecycle.