REport ms

REport ms is a lease management and administration software designed to streamline and simplify lease-related tasks for businesses of various sizes. According to Property Works, the vendor, this software caters to a wide range of professionals and industries, including real estate professionals, lease administrators, property managers, franchise operators, and retailers. With its robust features and user-friendly interface, REport ms aims to efficiently manage lease data, documents, critical dates, financial tracking, and compliance obligations.

Key Features

Lease Administration: According to Property Works, REport ms allows users to track and manage lease data and documents, generate reports and alerts for critical dates and deadlines, manage financial tracking and calculations, including ASC 842 compliance, and track agreement details such as leases, associations, franchises, and area development.

Document Administration: Property Works claims that REport ms provides a centralized location to store and manage lease-related documents, with 24/7 access and customizable permission levels for document access and editing.

Critical Date Tracking: According to Property Works, REport ms offers automated alerts for critical lease dates and deadlines to ensure important dates are not missed, helping users stay organized and proactive in managing lease obligations.

Lease Accounting Tools: Property Works states that REport ms simplifies lease accounting processes by generating rent management reports, calculating and tracking percentage rent and sales statements, and managing CPI calculations and lease accounting under ASC 842.

Occupancy Cost Management Tools: According to Property Works, REport ms aims to optimize occupancy costs and manage expenses by providing reports and analytics for cost analysis, as well as tracking and managing rent payments and obligations.

License and Permit Management: Property Works claims that REport ms helps users track and manage licenses and permits across multiple jurisdictions, efficiently renew licenses and permits, and stay compliant with licensing and reporting requirements.

Sustainability & ESG: According to Property Works, REport ms allows users to track and report on sustainability and ESG metrics, identify and implement cost-effective sustainability measures, and stay updated on emerging environmental regulations and reporting frameworks.