Real estate is the #1 expense after labor
For restaurants and retailers, occupancy costs (rent, CAM, taxes, other NNN) are often the biggest controllable expense. Lease management ensures those costs are tracked and forecasted, and lease accounting ensures they’re accurately reflected in financials.
Compliance is non-negotiable
Standards like ASC 842 and IFRS 16 require nearly all leases to be on the balance sheet. For multi-unit tenants, that means every storefront lease, kiosk, or equipment agreement needs to be documented and accounted for.
High volume, high complexity
A retailer with 50 stores or a restaurant group with 100+ locations is managing hundreds of leases. Each one may include unique renewal options, escalation clauses, CAM/tax reconciliations, or embedded lease elements. Spreadsheets can’t keep up.
Investor and lender expectations
In a climate where capital is harder to secure, clean lease accounting and strong visibility into lease obligations make tenants more attractive to lenders, landlords, and private equity.
Operational efficiency
Centralized lease management helps tenants avoid overpaying CAM or missing critical dates. Automation and reporting free up finance and real estate teams to focus on growth, not fire drills.
