Nov 22, 2022
For an enterprise with different branches across the globe, lease portfolio management is an integral component that influences its business. Most of them manage an unprecedented number of leases daily. Hence, a solid lease management system can help improve the company's growth, lighten the administrative load and ensure the scalability to lease operations as the companies grow.
A hospital chain may contain different branches. Property management of all the leases associated with healthcare facilities is one of the foremost responsibilities of the service providers. The leasing of healthcare properties equates to millions, posing as one of the significant expenses on the income statement.
Hence an all-encompassing management approach that manages the different clauses, renewals, deadlines, lessee-lessor coordination, documentation, billing, reporting, and all the tasks related to healthcare property management can benefit the providers wholly. In addition, it helps assess the strength, weaknesses, opportunities, and hazards associated with the comprehensive management process.
Lease Portfolio 365, a software that assists healthcare property management through various features and technical support. One of the primary focuses of LP365 is to help healthcare providers gain better insight into their assets, digitize valuable documents, and manage lease due dates for the multiple branches present.
Banking is inherently a sector that involves so many complexities in managing. Properties in banking include retail spaces, corporate offices, ATMs, warehouses, etc. As businesses with financial services and banking typically have an extensive property portfolio, software assistance helps lighten the burden. Accounting software that assists both the legal property management team and the accounting team can resolve the complexities of the lease administration.
At LP365, we understand the significance of managing properties related to banking. We offer a comprehensive, systematic approach to property management that ensures efficient management of leases, subleases, contracts, documents, and so forth. Our user-friendly software includes a coherent and customizable dashboard that enables easier workflow. LP365 automates notifications/alerts of significant deadlines and report generation.
A supermarket in the neighbourhood of other shopping centres has many clauses and terms that need management. To reduce competition between the community of shopkeepers and to ensure that every tenant (someone like you) in the complex gets equal Benefits, these supermarkets' leases include many clauses like co-tenancy that the stakeholders negotiate before signing a lease.
Hence the supermarkets require constant adhering and monitoring to these terms mentioned. When it comes to a portfolio of multiple assets, remembering each negotiation in the agreement is challenging. Hence the abstracted data from the lease agreements stored in the cloud can help lessees review them whenever required.
Lease Portfolio 365's team simplifies the process of lease abstraction. They help manage all the documents on the cloud platform so authorized users can access them anytime. Our team also helps the customers handle the different clauses mentioned and provides dedicated customer care support.
Property management is specifically significant for lifestyle and fashion enterprises. In addition to the usual processes in lease management, it requires additional features like laying out property location, as the customer traffic to these buildings is imperative to their success. Hence, determining their accurate location and generating information on the population density and other factors can be advantageous to these businesses.
Lease portfolio 365 offers geo-coded GPS to the properties enlisted in the portfolio. This feature can help the stakeholders assess their location before negotiation and monitor the same after the agreement is signed.
Hence, Lease portfolio 365 manages leases for different sectors, including banking, healthcare, fashion enterprises, supermarkets, jewellery chains, logistics, pharmacy chains, insurance companies, etc. We also offer domain-specific lease management features customized based on the user's needs.
Lease portfolio 365 is a Saas model cloud-based software that caters to every customer's need in portfolio management.
Our team has 15 years of technical expertise and provides dedicated support in lease negotiation, abstraction, and documentation, assisting the accounts, legal, finance, and admin team in the workspace.
Our distinct features include lease translations of regional languages, lease audits and validation, data integration, and analysis that enhances the growth of enterprises.
To know more about LP365, visit us here.
You can also contact us through our,
Phone number: +91 7200146160
or Email: info@leaseportfolio365.com