Learn lease management and accounting with our expert advice.
This article breaks down the legal risks related to early lease termination. We discuss financial obligations, penalties, and legal regulations in the US and Canada and how software can help asset managers navigate and automate complex processes.
Brooke Colglazier
Marketing Manager
As technology transforms lease portfolio management, AI-powered tools, automation, and cloud-based solutions are making processes more efficient and data-driven. AI lease abstraction and OCR technology are accelerating lease data extraction, while automated compliance tracking ensures adherence to ASC 842 and IFRS 16. Critical date tracking helps companies avoid costly lease renewals, and predictive analytics provides real-time insights for better decision-making. Additionally, seamless integrations with ERP and accounting systems enhance workflow efficiency.
Companies that adopt these innovations can streamline operations, reduce financial risks, and make more informed leasing decisions—giving them a competitive edge in commercial real estate.
Brooke Colglazier
Marketing Manager
Tenant improvement allowances (TIAs) are treated as lease incentives under ASC 842. Incentives always reduce the right-of-use asset, but their specific accounting treatment depends on when the incentive payment is received.
Christian Vanderwall
VP Engineering
Discover the 5 best tools every lease accounting manager needs in 2025. From lease tracking to compliance and workflow automation, find the right solutions to streamline operations and reduce financial risk
Brooke Colglazier
Marketing Manager
ASC 842 compliance requires accurate lease tracking, financial reporting, and proactive audits to ensure regulatory alignment. This guide walks commercial real estate accountants through key compliance steps, including gathering lease data, calculating liabilities, verifying disclosures, and avoiding common pitfalls. Automating lease management can streamline compliance, reduce errors, and improve financial transparency.
Brooke Colglazier
Marketing Manager
Struggling with underutilized office space? Discover five practical ways to repurpose empty offices—boosting collaboration, culture, and flexibility. Learn how Spacebase helps optimize your real estate strategy.
Brooke Colglazier
Marketing Manager
Learn the key differences between lease expenses and capital expenditures for commercial real estate. Find out what you can deduct this tax season and how to maximize savings.
Brooke Colglazier
Marketing Manager
Lease accounting is evolving rapidly, with trends for 2025 focusing on automation, sustainability, and real-time insights. Here’s what to expect...
Brooke Colglazier
Marketing Manager
We’re excited to announce a powerful new feature that makes managing your lease documents easier than ever! Our software now includes automatic OCR (Optical Character Recognition) for lease documents, ensuring that every PDF you upload is instantly converted into searchable and editable text.
Christian Vanderwall
VP Engineering
When it comes to lease accounting, one term you’ll often encounter is the Right-of-Use (ROU) asset. Understanding what an ROU asset is and how to calculate its value is essential for businesses looking to stay compliant with lease accounting standards like ASC 842 and IFRS 16. In this article, we’ll dive into what an ROU asset is, its importance in lease accounting, and a step-by-step guide to calculating its value.
Brooke Colglazier
Marketing Manager