SVI Corporate has never relocated one of its Palm Beach Tan locations or absorbed an unexpected rent increase due to missing a lease renewal date. However, chief financial officer Jodi Cook doesn’t want to take any chances — which is why she implemented Leasecake as an insurance policy against missing future lease options.
Relocating a single store could cost the Aiken, South Carolina-based company several hundred thousand dollars. But with Leasecake alerts enabled, Jodi is in a position to be proactive rather than reactive.
Jodi says the value of Leasecake extends beyond her financial responsibilities for the company’s 42 locations across South Carolina, North Carolina, and Georgia. SVI’s president, chief operating officer, district managers, and office manager all take advantage of the platform’s powerful location management features.
In this video, she explains how those team members use the platform to access contact information, essential documents, and important dates related to both lease admin and operational issues.
If you’re looking for a way to simplify lease administration and abstract creation, then try Leasecake for free and see how it helps commercial real estate tenants, brokers, and landlords save time and money.