Lease Administration
Accruent’s Lease Administration solutions help you manage and control rental and occupancy costs – your second-highest expense and #1 long-term financial obligation. Deep functionality for streamlining the full lease lifecycle helps you drive productivity, avoid payment mistakes and overcharges and remain in lease compliance. Accruent has consolidated other market leaders in lease administration to build the most advanced lease administration solution on the market.
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Corporate
Manage complex corporate lease scenarios across a distributed portfolio, ensure that you are in lease compliance and control occupancy costs.
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 operating costs, against lease-specific language.
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.
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 has implemented the foundation for the proposed FASB Lease Topic 840 and continues to monitor the upcoming changes.
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.
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.
Manage Straight-line Rent
Identify the lease terms and expenses to be included as you compile straight-line lease expense schedules, and automate the process of creating and updating schedules.
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Higher Education
Gain visibility into owned and leased property details and the associated legal and financial obligations for your entire campus portfolio.
Avoid Unnecessary Property Costs
Make informed real estate decisions and improve your power to negotiate by capturing and maintaining information about land inventory and monitoring market information.
Track Lease Records
Consolidate core lease information like amendments, lease prohibitions, tenant and/or landlord rights and lease history to avoid missing critical dates and stay within lease compliance.
Eliminate Unnecessary Lease Payments
Centralize all lease option information, including renewal, early termination and additional space in order to track critical dates and support automatic or tickler notifications.
Optimize Revenue from Sub-Tenants
Quickly identify missed or late payments from sub-tenants with better tracking of tenant payment responsibilities and schedules.
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Public Sector
Gain visibility into owned and leased property details and the associated legal and financial obligations for your entire real estate portfolio.
Avoid Unnecessary Property Costs
Make informed real estate decisions and improve your power to negotiate by capturing and maintaining information about land inventory and monitoring market information.
Track Lease Records
Consolidate core lease information like amendments, lease prohibitions, tenant and/or landlord rights and lease history to avoid missing critical dates and stay within lease compliance.
Eliminate Unnecessary Lease Payments
Centralize all lease option information, including renewal, early termination and additional space in order to track critical dates and support automatic or tickler notifications.
Optimize Revenue from Sub-Tenants
Quickly identify missed or late payments from sub-tenants with better tracking of tenant payment responsibilities and schedules.
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Retail
Manage complex retail lease scenarios, ensure that you are in lease compliance and control costs to drive store productivity.
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.
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 has implemented the foundation for the proposed FASB Lease Topic 840 and continues to monitor the upcoming changes.
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.
Manage Straight-line Rent
Identify the lease terms and expenses to be included as you compile straight-line lease expense schedules, and automate the process of creating and updating schedules.
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Service Providers
Manage complex service provider lease scenarios, ensure that you are in lease compliance, maximize rent revenue and control occupancy costs.
Increase Efficiency in Lease Executions
Ensure negotiated clauses are enforced, providing improved 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 operating costs, against lease-specific language.
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.
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.
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Wireless
Manage complex tower lease scenarios, ensure that you are in lease compliance, maximize rent revenue and help you control costs.
Analyze Colocation Opportunities
Maximize leasing revenue by easily analyzing colocation decisions to expand the reach of your wireless services. Access all existing tower data, including colocation availability and tower specifications.
Increase Efficiency in Lease Executions
Ensure negotiated clauses are enforced, providing improved negotiation power through portfolio analysis, and eliminate abstract inefficiencies with standardized lease templates.
Manage Land & Property Tax
Reduce or eliminate tax obligations or penalties by increasing visibility into total costs through effective management of land and property tax requirements.
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 from towers that you have leased or subleased to avoid overlooking tenant payments.
Track Lease Records
Consolidate core lease information like amendments, lease prohibitions and lease history to avoid missing critical dates and stay within lease compliance.
Reduce Costs Through Expense Compliance
Reconcile landlord statements of occupancy expenses against lease-specific language detailing caps, exclusions and other negotiated terms.