Unlike most lease advisory companies, we view your contract service needs as an integrated and evolving process. As such, we give you more knowledge and control by providing assistance throughout a company’s lease administration lifecycle, including:

  • System Selection – Constantly improving technology allows you to manage your lease information more efficiently, but often lease administration is the last to be automated or the current system is outgrown due to acquisition, expansion or divestiture. Laureano Consulting provides a methodical way to determine your most cost effective lease management system solution by:
  •  Conducting a needs analysis
  •  Determining appropriateness of packaged or custom applications
  •  Developing and sending Request for Proposals (RFP);
  •  reviewing the proposals to select the most appropriate solution
  •  Designing system requirements and databases;
  •  managing programmer progress if a custom database is required.
  • System Implementation – Implementing a new system or even an upgrade can be confusing and overwhelming if a company lacks the experience and personnel. Laureano Consulting provides appropriate project management to methodically install your system, including:
  •  Developing project timelines and responsibilities
  •  Determining system organization and reporting structures
  •  Standardizing terminology
  •  Developing data entry templates
  • Lease File Due Diligence/Organization – Your lease database/abstract is only as good as the information it contains. Actual lease files are often missing key documents or become disorganized due to acquisition and divestiture, or even lack of personnel. The most efficient and accurate abstracts are prepared from organized and complete lease files. Laureano Consulting can provide the structure and personnel to help re-organize files, and determine and collect missing documentation.
  • Lease Abstracting – Laureano Consulting provides lease abstraction services or can manage the abstract process for acquisition due diligence, valuation update, or lease data implementation or maintenance. We have experience with proprietary PC or web based databases, as well as software such as Accruent RPM (formerly REM), Lease Harbor, Yardi, and Skyline. We ensure accuracy, consistency, and ease of use by providing a turnkey abstraction process, including creating Scopes of Work, abstracting guidelines/templates and standardizing terminology.
  • Lease Administration Process Re-Engineeering and Department Reorganization – Acquisition and divestiture can often change system or even department reporting needs and structures. In this light, Laureano Consulting can help re-design lease administration department process flows, procedures or even the organizational structure of the department itself.