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Tag: Covid-19 challenges

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Impact of Covid-19 on lease accounting and importance of efficient data management
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Friday, 06 November 2020 / Published in Real Estate

Impact of Covid-19 on lease accounting and importance of efficient data management

The coronavirus pandemic has dramatically impacted business operations around the world significantly altering financial disclosures, forecasts, and reporting processes. It has had a major impact on lease accounting particularly, the assessments and assumptions that were previously valid may no longer hold. This is making lease data management and accounting a herculean task further compounding the
Coronavirus PandemicCovid-19 challengeslease accountingLease Accounting OutsourcingLease Accounting Services
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Accurate lease summaries are key to identifying provisions needed to manage Covid-19 impact
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Monday, 20 April 2020 / Published in Lease Abstraction, Real Estate

Accurate lease summaries are key to identifying provisions needed to manage Covid-19 impact

The impact of the COVID-19 pandemic on your commercial real estate business is undeniably unprecedented and significant. Landlords are compelled to revisit their commercial lease to look for provisions that can help them navigate this crisis and defer and abate rent. However, the deluge of information, shifting situation and legal intervention pose massive challenges in
Commercial Lease AbstractionCovid-19 challengeslease abstraction servicesManage Covid-19outsource lease abstraction
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