Real Estate Lease Administration Software

Track All Your Properties in a Single Enterprise Application Designed to Support the New Lease Accounting Standards

Manage All of Your Different Types of Properties

In a Single Real Estate Lease Administration System

Office Space

Industrial Space

Retail Space

Data Center Space

All Your Real Estate Data and Documents in a Single Repository

With LeaseAccelerator’s Real Estate Administration Software you can track all of the documents and data for your property leases in a single enterprise-wide repository.  Armed with a centralized view of all your properties, procurement will be able to conduct more detailed spend analysis and desktop audits to identify cost savings Your finance team will be able to better forecast future real expenses with better understanding the timing and variables influencing rent payments. And real estate teams will benefit from automated workflows that ensure you won’t miss out on opportunities to expand floor space or renew properties at pre-negotiated rates. 

Rent

Keep track of fixed and variable rents including the underlying formulas, base year expenses, escalation caps, and market indices. Also capture operating expenses, taxes, insurance, and various sundry charges. 

Critical Dates

Never miss a termination or renewal deadline again with our proactive end of lease notifications. Keep track of all your renewal options so you can lock in favorable rents and pre-negotiated contract terms.

Options

Track expansion, cancellation, and first right of refusal options for all your property leases in single system. Understand options to purchase and the number of renewals remaining.

Documents

Store all your real estate docs in a single central repository including lease agreements, amendments, subleases, work letters, monthly rent invoices, occupancy certificates, and estoppel letters.

Designed to Comply with the New Lease Accounting Standards

Traditional Real Estate Administration Software and Integrated Workplace Management Systems (IWMS) were not designed to store the types of data needed for the new lease accounting standards. Most legacy systems track were not designed to allow for separating lease and non-lease components. Nor were they designed to track individual assets within a real estate lease. Vendors have applied patches, but these often result in time-consuming workarounds for accounting teams creating delays in the monthly close process. LeaseAccelerator is the first real estate lease administration application designed from the ground up to support ASC 842 and IFRS 16.

Contract Modifications

Track changes in lease terms or right-of-use that could trigger modifications to your real estate lease accounting. Ensure both lease administrators and accountants are aware of floor space expansions and early renewals.

Reassessments

Track changes that might trigger reassessments under new lease accounting standards. Ensure both lease administrators and accountants are aware of leasehold improvements, sublease extensions, and changes to future plans.

Lease & Non Lease Components

Take advantage of the practical expedient to separate lease and non-lease components. Separate rent, operating expenses, taxes, and insurance charges. Track standalone observable prices for each.

Track Multiple Assets within a Lease

Separate buildings, individual floors, land parcels, and parking structures on the same lease into individual assets. So you have much more flexibility for lease accounting and lease administration.

Get A Live Demo of LeaseAccelerator Software

Get a live demo of our Real Estate Lease Administration Software

Learn how LeaseAccelerator can help you comply with the new lease accounting standards and recover 2-3% on leasing expenditures.

Learn More about Best Practices for Real Estate Lease Administration

White Papers, Handbooks, and Research Studies

Separation Anxiety: Lease and Non-Lease Components

| Accounting, Guides, Real Estate | No Comments
To separate or not separate - That is the question creating anxiety for many technical accountants around the world as they implement the new leasing standards. Understand the pros and…
Real Estate Lease Administration Cost Savings Guide

Real Estate Lease Administration Cost Savings eBook

| Guides, Lease Admin Featured, Real Estate | No Comments
Looking for cost savings in your corporate real estate portfolio? Read this guide to learn the ten strategies for reducing costs through better real estate lease administration. Topics include uncollected…
Real Estate versus Equipment Leasing eBook

Real Estate and Equipment Leases eBook

| Featured, Guides, Lease Admin Featured, Real Estate | No Comments
There are some similarities between real estate and equipment leases. Both have been neglected and under-funded at most organizations. There has been little investment in the people, systems, and processes…