How good is your lease information and has it been verified?
Accurate, up-to-date real estate information is essential for a company’s financial reporting. Most of the pertinent data is buried in difficult to access documents. JCP has developed a process to abstract critical data from real estate leases and populate databases. With accurate lease data abstraction, JCP helps companies integrate real estate into the company planning cycle.
Intelligent Imaging: A more effective way to capture source documentation. Our trained team codes only the key documents in each file which will reduce abstraction time and number of pages scanned.
Document Management: A check and balance process to endure all scanned documentation is present, clear and legible. JCP manages this process through a propriety database that allows for transfer into a client’s own system.
Lease Abstraction: JCP provides accurate lease abstractions from source documents or providing supplemental abstraction to fill or correct data gaps. In addition, JCP provides international translations for a specific market.
Data Migration: By combining data from existing systems, normalizing and validating data quality, this approach involves less time and cost than manual abstraction.
Data Management: JCP can integrate and validate information from disparate systems, track and organize source documents and develop a real time maintenance process. How good is your lease information and has it been verified?
How is your information maintained?
The Change Management process establishes an orderly and effective procedure for tracking of all documents and data that result in changes to the final client database. The submission, coordination, review, evaluation, categorization, and approval of changes to the system requires a consistent process to ensure accuracy and completeness. JCP has a rigorous process to guide clients in maintaining the integrity of their data. The Change Management process aligns as closely as possible to current client processes that may be in place to minimize disruption to client workflows and encourage adherence to developed policies.
JCP can assist in the following areas:
- Readiness Assessments
- Communication and Communication Planning
- Identification of Key Sponsors System
- Training for Client Users
- Change Management Policy Development
- Project Review
Data Driven Decisions
How to leverage your information.
By recognizing real estate’s potential benefits as an asset on the balance sheet, companies can leverage those assets to help pursue the overall business strategy. This approach to corporate real estate is a departure from the traditional operational view, but is necessary for companies to maximize the value of their credit and reduce the overall cost of occupancy. It may include developing a subsidiary or a joint venture to obtain financing, making acquisitions, and dispose of properties at the end use.
Jackson Cross Partners can help you in the following areas:
- FASB Impact Analysis
- Own v. Lease Modeling
- Alternative Financial Structures
- Data Integrity Audits
- Strategic Portfolio Analysis
For More Information, Contact our Advisory Team
Louis J. Battagliese, Jr., SIOR
Catherine Sennett, Esq.
Hee Jong Kwon, Esq.
Executive Director, Advisory Client Services
Director of Client Services