Property & Lease Management (P&LM) is a directly embedded solution for Dynamics 365 Business Central. It streamlines lease accounting and asset management for both lessor and lessee, while ensuring compliance with accounting standards like IFRS 16 and ASC 842. P&LM is designed to help businesses grow while lowering their total cost of ownership.
P&LM is built with flexibility at the forefront so it can be a perfect fit for each organization’s unique lease portfolio while helping them meet their expectations for growth. The easily configurable property setup accommodates complex business scenarios and completely digitalizes an organization’s lease portfolio and provides them with greater visibility into their cashflows and forecasts.
P&LM handles complex lease administration challenges that accommodate different lease renewal term and streamlines their creation and modification, lease space changes and lease terminations for real estate and assets with ease allowing them to streamline the entire leasing process from set up to payment for both revenue and expense leases.
Managing complex charges and allocating them properly is the most common point of error when managing multiple leases. Using its powerful automation engine, P&LM eliminates the complexity of managing charges and offers a flexible set of tools for managing charges based on metering, percentages, square footage, or index that streamline the end-to-end lease process.
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