Corporations commonly overpay for leasing business critical capital equipment due to lack of adequate information tracking. After signing a lease, lessees receive invoices and some basic asset information from lessors. However lessees require more information and better business processes to measure the financial performance of leases. Portfolios contain multiple contracts, lease structures, equipment locations, equipment types, lessors and end of term of options all of which must be tracked and managed. Factors that can drive up the cost of capital equipment leasing include:
Untracked Costs
LPRS can help you untangle your capital equipment lease portfolio and structure lease agreements, which will cap your risk and cost.
