Calculate and post lease valuations in compliance with IFRS16 and ASC842 for both real estate and equipment leases. Ensure lease and contract payments are consistent with the terms of the agreement and handle complex scenarios such as step and free-rent periods.Generate and post payments in real time and without developing interfaces to accounts payable.Monitor critical dates for renewal and termination notices, rent adjustments, and insurance certifications.Track terms and conditions for lease contracts to support compliance and quick identification of leasing responsibilities.SAP Contract and Lease Management CLM involves actively managing lease agreements. SAP Contract and Lease Management is a solution that allows entities to manage full lease agreements per new lease accounting standards efficiently with real-time insight and integrated financial postings.
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