Articles

Efficient lease management is crucial for lessors to maximize profitability, ensure compliance, and streamline operations. Lease software tailored for vehicle, fleet, or assets management offers a comprehensive suite of features designed to address the unique needs of this sector. This

For equipment lease financiers, several key performance indicators (KPIs) are crucial for evaluating the health and success of their operations. Here are some of the most important KPIs for equipment lease financiers: The total value of leased equipment within the

In today’s rapidly evolving manufacturing landscape, the advent of Equipment as a Service (EaaS) has catalyzed a profound transformation from traditional ownership models to dynamic service-based arrangements, facilitated in part by equipment leasing software solutions. This paradigm shift is exemplified

In the realm of asset rental finance management, the provision of assets on a rental basis, whether for short or long terms, plays a crucial role in meeting the diverse needs of businesses and individuals. Understanding the nuances of rental

When embarking on the journey of launching a new restaurant, one of the most critical decisions is whether to lease or purchase the necessary equipment. This decision requires careful consideration, as both options come with their own set of advantages

Overview of lease accounting standards  In 2019, after a long set of discussions spanning about 10 years, the revised lease accounting standards were introduced by IFRS (for countries following the international standards) and US GAAP (for countries following US GAAP).

Effectively navigating the intricate landscape of risk in lessor operations demands precision and adaptability, particularly in the face of ongoing changes. Factors like fluctuating interest rates, rapid technological evolution, and increased regulatory scrutiny underscore the need for a vigilant risk

Introduction Lease agreements form the cornerstone of relationships between lessors, typically financial entities or asset owners, and lessees, the end users of assets. This comprehensive guide aims to shed light on the various components of lease agreements, facilitating an efficient

Effectively traversing the intricate landscape of legal intricacies inherent in lease and rental agreements necessitates the adoption of a proactive and meticulously strategic approach. This multifaceted process, integral to ensuring compliance, mitigating risks, and establishing a transparent framework between the

Lease administration is sometimes also called lease management. It covers the process from inception of the lease through the lease lifecycle and termination i.e. recording the lease, billing and collecting dues, notifications, mid life changes, termination, renewal and return of