Manage commercial real estate portfolio more confidently than ever before
With LeaseSuite Premises, get unprecedented oversight and control over your portfolio of leased and owned assets. With real-time insights at your fingertips, Heads of Property, internal leasing teams and Tenant Representatives can unlock powerful opportunities to minimise risk and costs, and build the best strategies to support your core business objectives.
Are you across every lease in your portfolio?
LeaseSuite Premises is a commercial real estate portfolio management platform, not simply a lease management or lease accounting system. It brings your portfolio of leasehold/freehold sites, documents, critical dates, obligations, workflows and reporting together in one place. Lease management is only part of the platform, alongside IFRS 16-ready lease accounting functionality that supports liability and right-of-use asset schedules, journals, remeasurements, modifications and financial reporting. LeaseSuite Premises brings property and finance teams and their data, together as a shared source of truth.
No more taking chances
LeaseSuite Premises is a comprehensive platform that gives corporate property teams and tenant representatives control across their entire commercial real estate portfolio.
Understand your complete commercial real estate position – at a glance
- Comprehensive dashboard acting as a home page for portfolio financials, critical dates and more, providing a single point of access to all information.
- Enhanced and improved communication and collaboration between teams offering a single source of truth to assign and manage tasks and workflows.
- Centralise all premises-related documentation in a cloud-based repository, giving multiple stakeholders an efficient way to view, update, and track lease documentation in real time.
Leases are not “set & forget” - never miss a critical date or clause
- Capture all significant milestones and actionable events that are triggered by lease and facilities contracts, including lease expiries, market rent reviews, option terms and more.
- Generate automated notifications and alerts of all critical dates and then assign the management of each critical date event to an individual or team.
- Never overlook a critical event that could incur excessive costs.
Understand reality & report to your executive stakeholders with ease
- Get instant access to the data required for financial reporting and governance, executive up-the-line reporting, financial modelling and strategy, and capital expenditure decisions.
- With one click, generate the reports you need such as tenancy schedules, bank guarantee registers & occupancy summaries and more – saving hours of manual work and minimising errors.
- Accurate data to inform contraction, expansion, relocation and general leasing strategies to identify waste and opportunities to further streamline occupancy costs.
Easily integrate real-time insights from other key data sources
- Risk management tool that gives businesses total visibility and control over one of their largest corporate expenses.
- Property IP is saved within the system, which removes key person risk due to staff turnover.
- Sophisticated Activity Log tracks every automated and manual action within the platform providing unprecedented oversight of all decisions made or outstanding.
What LeaseSuite Premises includes
Built to help Heads of Property and their Advisors manage leases with control, clarity and confidence.
- Critical event notifications
- Real-time occupancy reporting
- User-friendly interface
- Market rate benchmarking
- Consolidated financial reporting
- Centralise and standardised all lease contracts
- Lease-at-a-glance summaries
- Sustainability & consumption tracking
- Contract repository
- Tasks management & notes
SEE HOW EACH OF THESE WORKS IN ACTION – BOOK A DEMO TODAY →
Frequently asked questions.
FAQs
Still have questions? Here’s everything you need to know about LeaseSuite security.
Is LeaseSuite Premises a lease management system or lease accounting system?
LeaseSuite Premises is a commercial real estate portfolio management platform – not simply a lease management or lease accounting system. It brings your portfolio, leases, documents, critical dates, obligations, workflows and reporting together in one place. Lease management is a core part of the platform, alongside IFRS 16-ready lease accounting functionality that supports liability and right-of-use asset schedules, journals, remeasurements, modifications and financial reporting. This gives property and finance teams a shared source of lease data.
What is the minimum number of leases I need to have, for a system like this?
There isn’t a hard set rule on the leases we need to make you a customer. You may have as little as 4 leases but they are complex leases and come with huge critical date risks that need to be addressed. Tenant Reps may also want to track 1-2 leases as a service for their transactional customers.
How do I get my portfolio into the platform, and is AI involved?
How does pricing work for this product?
We price per number of sites and your portfolio of sites will fall into a pricing bracket. Not all contracts are the same, some long and complex, some small and quick to onboard. It’s best to discuss your portfolio. Let us understand the complexity and then we’ll quote accordingly.
Does this also cover facilities management?
Whilst we are not a maintenance logging platform, we are open to any discussion to integrate with one. We do offer facilities management critical dates and can support other light requirements.
Does this cover lease accounting and IFRS 16?
Yes. LeaseSuite Premises includes lease accounting functionality designed to support IFRS 16 requirements, including lease liability and right-of-use asset calculations, accounting schedules, journals, remeasurements, modifications and financial reporting.
The platform supports your organisation’s IFRS 16 accounting process. Final compliance depends on your accounting policies, judgements and review by your finance team and auditors.
Can this integrate with our own ERP and accounting systems?
Yes but there are many ERP systems and it’s best we have a conversation on which to integrate to and what your desired outcome is, for LeaseSuite to completely understand your workflows between property teams and accounting teams.
Do LeaseSuite Premises and LeaseSuite Procure integrate with each other?
Yes we are a full lease lifecycle product. If in LeaseSuite Premises and a lease is up for renewal, roll into LeaseSuite Procure to run the transaction process. If a transaction is complete in LeaseSuite Procure, then roll the new lease to be managed into LeaseSuite Premises. Both product modules work hand in hand.
Do you support international markets outside of Australia?
Absolutely! LeaseSuite is built for scale. We can build small localisation switches and can build in local market intelligence fast.
Is my data safe and secure?
Absolutely! LeaseSuite takes cyber and security very seriously. LeaseSuite is ISO-27001 compliant, which is recognised as the Platinum standard. We are happy to answer any security questionnaire for your IT team and/or can supply any security and data explainer documentation.