What a difference a few years can make. As recently as 10 years ago, lease administrators typically reported to one manager and functioned largely as team support, spending the workday processing piles of paperwork and chasing down rent payments.
The Changing Role of Lease Administration Professionals
Posted on 7/13/20 10:00 AM by The Team at AMTdirect in Lease Administration, in leasing software, in lease management software, in lease administration system, in lease administration solutions, in lease management system, in lease management solutions, in lease management
Prevent Overpaying on Leases using Software to Capture Key Details
Posted on 7/6/20 2:45 PM by The Team at AMTdirect in leasing software, in lease management software, in lease administration system, in lease administration solutions, in lease management system, in lease management solutions
This final cautionary tale provides yet another example of how automated leasing software can greatly reduce the occurrence of making unnecessary payments on your lease.
Lease Administration Solutions: Avoid Overpaying on Your Property Lease
Posted on 5/15/20 3:35 PM by The Team at AMTdirect in Lease Administration, in leasing software, in lease administration software, in lease management software
This cautionary tale is about a smart, yet Excel-dependent victim unknowingly overpaying $157,920 on a property lease. Not because of a corrupt landlord or getting tricked into a scam. The significant overpayment was simply due to a lack of data insight and access to information.
Unfortunately, shocking accounts of overpayments on leases occur more often than imagined. In the case referenced above, the lessee used spreadsheets for lease administration and lease accounting, believing these tools to be sufficient.
Despite Excel being a useful application with countless benefits, the popular software does have limitations which can often lead to costly errors.