Lease management is both time consuming and prone to simple errors even by the most seasoned industry veterans. With complex terms, diverse tenant needs, compliance issues and the need to adapt to a constantly evolving market, you might find yourself looking for an easier way to manage a commercial lease. Here are a few reasons why you should automate your lease management with Quarem.
1. Centralized and Accessible on Nearly Any Platform
Quarem features a centralized, cloud-based platform that is accessible from anywhere and at any time. If you’re out in the field, at home or even on vacation, you can access important data and resolve issues in real time. You’re no longer a slave to emails, spreadsheets or those antique filing cabinets. The information you need is and will always be right at your fingertips.
2. Perfectly Seamless Collaboration
When you automate lease management in real time with Quarem, this means that you can share leases, reports and deadlines with your team regardless of location. Any data that must be updated is done so instantly so everyone has access to the information they need and when they need it. This real-time collaboration is key for commonly accessed files across multiple parties.
3. Check Those Pesky Deadlines
Quoting the famous author Douglas Adams, “I love deadlines. I like the whooshing sound they make as they fly by.” When you automate your lease management with Quarem, you no longer have to sweat those pesky deadlines. Never miss a rent escalation, renewal option or termination notice again. Our acclaimed software will alert you to those pending deadlines so you can proactively take the necessary steps.
4. Custom Reports in a Snap
In no time at all, Quarem can generate informative lease management reports that will give you real insight into how your portfolio is performing. Whether it’s checking overall expenses or forecasting occupancy reports, Quarem delivers real-time results that are easy to absorb and understand. This means you can make the right decisions based on the very latest information when you automate your lease data.
5. Get Compliant & Audit Ready
Lease accounting standards like ASC 842 are complex and ever-changing. Stringent compliance requirements are often the factors that lead commercial real estate professionals to consider using software like Quarem to automate lease data. Quarem simplifies compliance and allows for a more agreeable state of audit readiness.
6. Scalability Made Easy
Today it’s 10 leases. Tomorrow it might be a thousand or more. Quarem is designed to naturally scale with your portfolio. Quarem is remarkably flexible and customizable to your needs and that makes it the perfect tool for your present and future growth. After all, the biggest incentive to automate a process is scale.
Are you ready to automate your lease management? We welcome you to kick the tires of our industry-leading commercial real estate software via a free demo.
