Ensure FASB Compliance
Eliminate the time-intensive & high-risk process of manually generating and managing straight-line rent schedules for both Capital and Operating leases. Accruent is ready to be your partner and help you through the new FASB compliance transition.
Increase Efficiency in Lease Executions
Ensure negotiated clauses are known and enforced, improve negotiation power through portfolio analysis and eliminate abstract inefficiencies with standardized lease templates.
Reduce Costs Through Expense Compliance
Audit the reconciliation of landlord statements of occupancy expenses, such as Common Area Maintenance (CAM), against lease-specific language.
Manage Co-tenancy Violations
Recognize opportunities to take full advantage of the co-tenancy clauses of your lease, allowing you to reduce rent.
Automate CPI Escalations
Automatically calculate Consumer Price Index (CPI) rates and apply them to rental amounts, ensuring you are paying the correct rents and eliminating the manual process of uncovering leases with CPI escalations.
Manage Land & Property Tax
Reduce or eliminate tax obligations or penalties by increasing visibility into total costs through effective management of land parcels and property tax assessments and bills.
Streamline Rent Processing
Manage rent by exception to identify what has changed and for what reason so you may quickly identify payments that need review and approval.
Manage Tenant Collections
Automate the invoicing and collection of rent and other occupancy costs from properties that you have leased or subleased to avoid overlooking tenant payments.
Automate Percentage Rent
Automate percentage rent reporting and payments. This process helps you eliminate potential errors in complex payment scenarios and calculations.
Manage Multi-Period Accounting and Accruals
Calculate and schedule lease payments on variable four-week accounting period schedules. Automatically pro-rate payments based on accrual start and end dates.
Track Critical Dates
Maintain control of the lease renewal process by managing critical dates and creating automatic notifications, ensuring you do not miss opportunities and avoid late payments and fees.