Regulatory Compliance
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. The Virtual Premise Global Real Estate Management System™ has been carefully designed to enable you to comply with all regulations and guidelines related to real estate and asset management. The Virtual Premise Global Real Estate Management System™, 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
- FASB-13 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
- Software Hosting Service with SAS-70 Compliance and Type II Certification
- Advanced Accounting Features with Secure Financial History
Virtual Premise, Inc. obtained a Statement on Auditing Standards No. 70 (SAS 70) Type II Audit Report on December 22, 2006. The results of this report demonstrate that Virtual Premise has passed rigorous testing by an independent third-party auditor.
To learn how these Regulatory Compliance features are used in specific Virtual Premise Software Editions, follow the links below:
Virtual Premise Software Editions
|
