Dear Lease Management friends:
As we attempt to understand where and how the COVID pandemic has and will change the way we do business in many firms are looking to modify their existing business processes in preparation for life post COVID.
Forward-thinking organizations realize that future business operations must leverage a touchless or virtual processing component to comply with social distancing requirements.
The Lease Management world is no exception to the social distancing requirement, which has created a new and unique opportunity for firms to concentrate on core business while retaining partners to perform tasks that are outside their essential business practices.
To support companies leasing programs, many are now turning to Managed Services providers, to effectively manage their property and equipment leases. They are doing so to handle the following business complexities:
- Business agility – adapt to new compliance statutes ASC 842, IFRS 16, and GASB 87
- Lease Accounting and Management Expertise – Pay for expertise as you need as a subscription
- Security – It is an enormous effort to stay protected with the current complexities of Cyber Attacks
- Software and Infrastructure support – why pay for ongoing maintenance and licensing costs on depreciating assets
Lease programs are an ideal candidate to engage with a managed services provider, as they provide peace of mind from a compliance, operations, and security perspective
Ken Royce * Leaseology Inc * Board of Directors
ABOUT Leaseology Inc|
Leaseology, Inc is a North America-based business advisory services firm committed to accelerated marketplace adoption of digital technology, financial management innovation, and business operations practice excellence. These core competencies apply to real estate and equipment portfolios.
