Named a leader in the 2023 IDC MarketScape report for Worldwide SaaS and Cloud-enabled Lease Accounting Software.
Find out why »
 

Centralize Lease versus Buy Analysis

Do you have visibility into all the leasing decisions being made in your organization? At many large companies, thousands, if not tens of thousands, of people might be empowered to initiate leases. Are they using the proper tools and market data to analyze lease versus buy comparisons? How can your Treasury organization maintain oversight into leasing decisions in today’s world of de-centralized organizational structures?
We can help you implement best practices around equipment leasing. We’ll give decision makers in each country and business unit our Asset Request Form. It’s an easy-to-use tool that they can use to submit a lease versus buy analysis request. Plus, it doesn’t require an MBA in corporate finance to use. Buyers around the world remain empowered to negotiate deals, but you keep visibility to all leasing decisions. It’s a win-win for both you and your stakeholders!

procurement leader
lease accounting audit

Take Ownership for Your Equipment Leasing Program

Who owns your leasing program? The Corporate Real Estate team owns the real estate leases, but what about the IT, fleet, and other equipment leases? At most companies the answer is “no one.” The equipment leasing programs at even the largest and most innovative companies are often neglected. The systems, processes, and controls are immature. And no one in the organization has taken ownership and accountability for the performance of the lease portfolio.
However, at a handful of companies, forward-thinking treasurers are taking a leadership role in equipment leasing programs. Coordinating between procurement, accounting, IT, and shared services, these treasurers are centralizing control.

Optimize Your Network of Lessors

At many companies, the equipment leasing portfolio is over $100M. In some cases, lease portfolios exceed $1B. Leading treasurers are starting to proactively manage their community of lessors as they do other debt holders.
Is there sufficient competition on new leases to ensure that you are getting the best terms? Many buyers are tempted to take “the easy way out” by simply getting financing from the vendor providing the equipment.
Are you actively cultivating relationships with new financing sources? Many companies find that their lessor communities are not as strong in emerging markets (China, India, Brazil) as in the US and Europe.
Get an assessment of your equipment lease sourcing process.

equipment leasing roi

Learn More about Enterprise Lease Accounting

White Papers, Handbooks, and Research Studies

Learn how to identify lease accounting implementation challenges, assess existing processes, and find all of your leases.

With the new lease accounting standards - ASC 842, IFRS 16, and GASB 87 - trillions of dollars of equipment and real estate leases are moving onto corporate balance sheets.…

Learn the 20 events to track to ensure your lease accounting system is kept current with the most accurate and complete data. Download »