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Article - Artificial Intelligence (AI) for Lease Administration and Accounting integrated with Planon’s IWMS

Whether you are considering an Integrated Workplace Management System (IWMS) like Planon’s, in the process of implementing a new IWMS or facing the new lease accounting changes with an existing software solution, you may have to abstract leases for FASB/IASB accounting changes.

BrokerSavant’s LeaseAssist offers a streamlined solution for abstracting lease data efficiently and accurately, powered by machine learning. When a lease portfolio is properly dimensioned using BrokerSavant’s LeaseAssist solution, Planon’s IWMS’s Lease Management module provides multiple users with authority-based access to a centrally maintained and real time updated repository of reportable lease data. Through its standard reporting modules, IWMS provides critical information about portfolio characteristics, space utilization, operations and maintenance, environmental considerations and project tracking.

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