Regulatory Compliance in Lease Management and Real Estate Management

Although regulatory compliance is most important for publicly traded entities, the features Virtual Premise has incorporated into its software in support of regulatory compliance are useful to all companies. Virtual Premise has been carefully designed to enable you to comply with all regulations and guidelines related to real estate and asset management. Virtual Premise, in concert with standard accounting and security processes, simplifies your life when it comes to compliance audits—whether cooperating with internal or external auditors.

Key Features

• Field Level History Tracking
• Electronic Record of Approvals
• Lease Signing and Verification
• Anticpated FASB Lease Accounting Changes
• FASB Reporting, Including Straight-Line and Minimum Rental Obligation
• Innovative Multiple Adjustment Straight-Line Calculations
• Workflow and Status Tracking for Proper Data Flow
• Form, User and Group Based Security
• Advanced Accounting Features with Secure Financial History