Avoid these top 7 lease administration mistakes

The ideal lease management process consists of scalable accounting practices that manage a fully up-to-date lease portfolio, offer customized real-time reporting, and enable compliance with industry standards. Each month, businesses must accurately account for a range of lease-related transactions, including rent, property insurance fees, tenant improvement allowances, common area maintenance (CAM) charges, and sublease payments. 

Unfortunately, many businesses suffer from subpar lease management, resulting in wasted time and lost revenue. Companies that want to improve must analyze these processes and get to the heart of what’s holding them back. 

The full blog breaks down seven common lease administration mistakes companies struggle with and teaches you how to correct poor property lease management. 

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