For companies with several commercial leases, lease administration and management becomes a task that needs to be addressed and this duty typically touches on several departments within an organization. Traditionally, there hasn’t been a single unified approach for handling reporting, document management, internal/external coordination, and the other administrative tasks required that are required in order to gain a handle on the day-to-day post-lease singing responsibilities. Occupier is a collaborative lease management platform for brokers, commercial tenants, and other stakeholders to centralize all facets of lease administration, transaction management, and associated accounting impact. There have been a number of new accounting standards that affect requirements on the reporting of all leased assets as real estate represents the second-largest expense for most organizations. Even with growing interest in remote work, the need for centralized solutions is critical as Occupier is able to provide tenants with an unprecedented data-driven view of their real estate footprint to understand risk and opportunity.
AlleyWatch caught up with Occupier Cofounder Matt Giffune to learn more about how the founding team’s previous experience in CRE and at VTS gave them
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