One of the single most effective programs for creating visibility and occupancy cost control across the corporate real estate (CRE) portfolio is lease administration. However, the roadmap of reconciling value creation and compliance in the corporate real estate (CRE) process is becoming increasingly more difficult to follow. The impending FASB/IASB accounting changes pose some significant shifts in corporate lease accounting and CRE lease administration will play a critical role.

By outsourcing/co-sourcing this non-core CRE function with ProVenture's lease administration team, considerable savings can be realized. You can rely on our expertise to drive both strategic organizational design and tactical process improvement across the global portfolio, ensuring compliance at every step.

Lease Administration Outsourcing Benefits

       1. Added Assurance & Risk Mitigation in CRE Decision Making Process
       2. Establishment of Company-Specific Metrics for Strategic CRE Planning
       3. Verification of Data & Cost Avoidance
       4. Integration & Standardization of Multiple Operating Divisions
       5. Global Geographic Consistency
       6. Relieve Burden of Administration


Flexibility & Suitability Analysis

FASB/IASB Alignment
Core vs Non-Core Facility Analysis "Right of Use" Modeling
CRE & Business Unit Alignment Track Key Dates - Options, Rights, Notices
Major Market Concentration Master Plans Tax Assessment Audits
Reports for Capital Projections Operating Costs "Red Flag" Reports
In-Depth Energy Audits Verification of Rent Inducements / Allowances
Labor & Logistics Cost Effectiveness Reports CAM / OpEx Audits & Reconciliations
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