Commercial real estate leased for business is one of the largest corporate expenses. It’s complex and time-consuming to manage. Plus, changes to lease accounting standards add new compliance burdens and stress to your financial reporting.
This practical session will share insights and strategies to help you leverage market data, analytics and collaborative management applications that seamlessly integrate with SAP or other technology ecosystems to optimize portfolios, drive cost savings and achieve ASC 842 and IFRS 16 compliance.
• Evaluate current sources of market information and management applications used for real estate operation and lease accounting
• Examine how real estate expenditure decisions are made and the accuracy of data used to support decisions
• Determine if taking steps toward optimizing real estate management and expenditures or improving lease accounting processes makes sense for the organization
• Learn how to address incomplete, inaccurate or out-of-date data that can lead to costly errors and poor decisions regarding corporate real estate expenditures and lease accounting compliance