How ready are you AND your leases for FASB ASC 842? Indications in the marketplace clearly show that many companies are not as far along in their implementation projects as they'd like to be with the 2019 regulatory deadline quickly approaching. As a matter of fact, a recent survey by KPMG showed that only 15% of responding companies had completed their implementations, and 60% were still in the planning or assessment phase, or had not even started.
Timely, accurate and consistent lease data is paramount to getting your FASB implementation project started off on the right foot, along with an experienced team. Superior technology compliments our team's 30+ years expertise of managing lease on-boarding & implementation projects. Complete satisfaction is possible because we manage and align expectations, day 1, with transparent communication and pricing that reflects our domain and professional services expertise with commercial lease abstraction.
If your organization is preparing for ASC 842 or IFRS 16 lease accounting compliance or needs verified lease data, BrokerSavant invites you to participate in our FREE TRIAL offer:
Up to 3 lease abstracts - Any lease. That simple, period.
Provide your abstract template & provisions or rely on our expert guidance.
Revisions, styling, formatting to abstracts are complimentary.
Commit to us within 30 days post-receipt of your FREE trial abstracts and receive a 25% discounted flat rate for leases, regardless of page length, # amendments, # provisions, etc.
World-Class quality & service, 100% satisfaction guarantee.
“ My company needed to provide lease abstracts on one of our properties as soon as possible. We could not devote the manpower to get this done quickly, so we hired BrokerSavant. They responded to our request the same day. We spoke, outlined the scope, and they went to work. I was taken by surprise to see how quickly BrokerSavant turned around the first lease abstract. The remaining abstracts soon followed after we tweaked a few things. Once we reviewed the work product and had some additions to make, they had the abstracts quickly updated. The cost was very reasonable, and the turnaround and quality were great. I would use them again. ”
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BrokerSavant is a breakthrough lease abstraction and information management SaaS platform that uses artificial intelligence (AI) and natural language processing (NLP) to accelerate the lease on-boarding process by automating workflows to extract and transmit hundreds of critical data fields for both real estate and equipment documentation. Resulting in dramatic efficiencies that save up to 40% in time and costs, AI is used to identify and organize date, dollar and provision points, allowing users to craft highly accurate abstracts in far less time. Designed for global use, BrokerSavant can be internationalized into six languages with translation capabilities in 104 additional languages.