
The Lease Management Program is used by lessees to manage corporate leases for any type of equipment – PC’s, laptops, servers, etc. If you have ever leased equipment, you know just how costly mistakes can be if you aren't conscious of critical dates. Keeping an accurate overview of your leases and the value of your equipment can be an enormous challenge, as can retrieving that equipment at the end of the lease.
RAY • ALLEN audits all leasing documents that are still active and enter the data into RACSystem. Most lease documentation is not geared for actually tracking the assets so this process must be very in-depth.
If the documentation was bad from the onset the idea that the assets have been maintained during the Life Cycle is unlikely. Companies rarely if ever update the leasing company on changes to the asset, such as location. We map all requirements of the Master Lease and Lessor requirements for notification and put those rules into RACS.
We work with the End Client throughout the Life Cycle Process, building business processes to fit the client's needs. Our Best of Class Asset Management allows the client to make a single entry for even complex tasks.
Now every decision can be an informed decision.
You have access to our Leasing Analysis to help evaluate mid lease options along with TRUE fair market value research.