Lease administration is no longer a back office function, but provides CRE teams critical access to complete and accurate, real-time portfolio data.  This data is essential for strategic planning and the ability to quickly respond to dynamic business requirements. Additionally, the impending lease accounting changes increase the compliance burden and the need for accurate data as companies re-evaluate and adapt their leasing strategies.

In its latest papers, Jones Lang LaSalle overviews  four critical responsibilities for today's lease administration function and covers how to drive effective delivery of portfolio lease data through the right mix of people, process and tools.