Occupier is a comprehensive lease management software platform designed specifically for commercial tenants. It empowers growing companies to streamline their lease administration processes by organizing lease data, automating renewals, and assigning tasks. The core offering revolves around lease abstraction, where lengthy lease documents are distilled into organized abstracts containing critical data points that influence real estate decision-making. This centralized access to lease information enables users to execute administrative workflows efficiently, receive notifications for upcoming critical dates, assign tasks to team members, and analyze lease data through custom reports.
Occupier's solutions span the entire lease lifecycle, encompassing transaction management, lease management, and lease accounting. The transaction management module accelerates the real estate deal pipeline by facilitating comparative analysis, proposal tracking, and customization from letter of intent to execution and buildout. The lease management component streamlines administrative tasks, rent financials, and critical date management, enhancing operational efficiencies during expansion, contraction, and real estate strategy shifts.
The lease accounting software caters to in-house accounting teams, CPA firms, and auditors, enabling collaboration on ASC 842, IFRS 16, and GASB compliance. It automates monthly journal entries, lease amortization schedules, lease (re)measurement recognition, and lease modification management, ensuring seamless book closing each month.
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