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Lease Management

The Evolution of Lease Management

The history and future of lease management: from spreadsheets to modern SaaS, AI, and ASC 842 compliance. Discover how technology is transforming lease accounting and management

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Brooke Colglazier

Marketing Manager

Lease Management

How Technology is Changing Lease Portfolio Management

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.

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Brooke Colglazier

Marketing Manager

Lease Accounting

Accounting for Tenant Improvement Allowances

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.

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Christian Vanderwall

VP Engineering

Lease Accounting

The ASC 842 Compliance Guide: What Every Commercial Real Estate Accountant Needs to Know

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.

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Brooke Colglazier

Marketing Manager

Lease Management

5 Ways to Put Empty Office Spaces to Better Use

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.

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Brooke Colglazier

Marketing Manager

Product Updates

OCR for Scanned PDFs

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.

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Christian Vanderwall

VP Engineering