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Insights Recap: Data Hygiene & Maintenance

Posted by Amber Bigler Newman

5/17/16 6:21 PM

For the next couple of weeks we’ll be featuring blog posts based on some of the sessions at our just completed Insights Industry Forum and Customer Workshop. The event was an information packed combination of panel discussions, presentations and class room sessions. Today, we’ll recap the session presented by Bobby Capobianco, one of our crack team of installation managers, on data hygiene & maintenance.

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Topics: Lease Administration, Real Estate Data

FASB Lease Accounting Changes to be Highlighted at Insights 2016

Posted by Amber Bigler Newman

3/23/16 12:41 PM

Organizations that lease commercial real estate and equipment have a major challenge on their hands in 2016. Bringing accounting and real estate teams together to understand and prepare for compliance with the new FASB lease accounting standard is no small task. That's why we are devoting a significant amount of time at the Insights Forum to FASB specific topics. 

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Topics: FASB, Insights

The Big Day is Finally Here – FASB Announces New Lease Accounting Standards

Posted by Amber Bigler Newman

2/25/16 3:44 PM

We’ve been talking to organizations about the proposed changes to FASB/IASB guidance on lease accounting changes since they first took up the issue way back in 2008. At first there was a lot of interest, but as the years wore on many corporate real estate and finance executives adopted an, “I’ll believe it when I see it,” approach. We couldn’t really blame them, but as of today, you can believe it.

Today the Financial Accounting Standards Board (FASB) joined the International Accounting Standards Board (IASB) by announcing new changes to how real estate and equipment leases must be reported. As one current presidential candidate might say, the changes are YOUUUGE!

For full details on the changes and how you can get prepared, have a look at our eBook, which provides a complete look.  In short, here’s what you need to know:

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Topics: FASB

[Press Release] AMTdirect Enters 20th Year with Extraordinary Momentum

Posted by Amber Bigler Newman

2/16/16 5:42 PM

Real estate management solution continues product innovation and wins more marque customers

CHARLOTTE, N.C. – February 10, 2015 – AMTdirect, the leading provider of real estate management software, announced that it will celebrate its 20th year after posting record breaking growth across all markets in 2015. The company had its third best year of revenue growth and added many prominent new retail brands, while increasing its market share significantly in the healthcare space. In addition, new product enhancements and features were released to support the current and proposed FASB lease accounting standards, and to enhance how customers manage operating expenses and accounts payable. In all, more than 25 new product enhancements were released across the application in 2015.

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Topics: Leadership

What’s So Great about Charlotte?

Posted by Taft Tucker

2/5/16 11:59 AM

Recently we announced a new kind of gathering of commercial real estate leaders and professionals. The 2016 Insights Forum will be held right here in our home city of Charlotte on May 10 -12. The first day features a host of speakers and panelists who are experts in the field of real estate management and administration. It will be a very valuable event for anyone in the industry, whether they use our technology or not. The next day and a half will be dedicated to AMTdirect solution specific sessions for AMTdirect customers. We hope you will join us for a great day or more of networking and learning.

 

Many things are exciting about this year’s event. One of them is the fact that it is being held so close to home. Whether you’ve never had the pleasure, or are a frequent visitor, you might not know about everything that Charlotte’s got going for it. We thought it would be fun to ask our employees what they love most about the Queen City. Here’s some of what they told us.

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Topics: AMTdirect Team

FASB Provides Guidance on Preparing for New Lease Accounting Standards

Posted by Amber Bigler Newman

1/19/16 1:03 PM

With the new lease accounting standards expected to be released within the next several weeks, FASB has provided preparation advice for affected organizations.  

In a blog post published last week, the board acknowledged that, “Early action is key to a successful transition. As soon as possible—even prior to the issuance of the new lease standard—preparers should consider creating a transition timeline and action plan.”

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Topics: FASB

AMTdirect Insights Blog

Your home for great information about what's going on at AMTdirect, trends in corporate real estate, industry specific analysis and posts from our favorite guests.