New eBook: End-to-End Management of the Lease Lifecycle



End-to-End Management of the Lease Lifecycle

It is not possible to effectively manage enterprise-wide leasing activities without understanding the context of the lease lifecycle. Without this context, leasing too easily can degenerate into a disjointed series of ad hoc decision points with a high risk of key information falling through the cracks.

For example, in many large organizations, the responsibility for initiating leases may be distributed to regional or local facilities but, without comprehensive control over the full lifecycle, subsequent key events can get overlooked. As a result, companies may unknowingly be paying a large price on evergreen leases that should have been reviewed and/or terminated but simply continue on because of the open-loop nature of such disjointed administration practices.

This Nakisa & Bramasol co-authored eBook provides an overview of the lease lifecycle, including:

Lease Definition – the “why” and “what” of the proposed lease (equipment specs, ROI, etc.)
Set-up – the contract details, activation, term, payment processes, etc.
Onboarding – the receipt, installation, acceptance and operational activation of the asset
Operation – the payments, accruals, management, servicing, maintenance, etc. of the asset
Termination – formal close-out of the contract at lease-end or another terminating event