Inefficient equipment leasing programs create an unnecessary amount of work and performance drag on an organization. At most companies, the processes, systems, and controls for IT, fleet, and equipment leases have been neglected, with little investment in programs or people to optimize and manage these assets.
The good news for companies facing this situation is that there may be an opportunity to realize seven-figure cost savings in the next 12 to 18 months. Case studies have demonstrated that by implementing best practices for Equipment Lease Management, companies can realize savings of 16 to 18 percent of their equipment lease portfolio costs.
Lease accounting experts discuss how organizations like yours can achieve cost savings by utilizing Equipment Lease Management software and Leasing Centers of Excellence. They will share real-world customer experiences to show how your organization can implement and benefit from strategic leasing decisions to increase cash flow.