Spacebase blog

Learn lease management and accounting with our expert advice.

Product Updates

OCR for Scanned PDFs

We’re excited to announce a powerful new feature that makes managing your lease documents easier than ever! Our software now includes automatic OCR (Optical Character Recognition) for lease documents, ensuring that every PDF you upload is instantly converted into searchable and editable text.

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Christian Vanderwall

VP Engineering

Lease Management

5 Signs Your Company Needs Lease Management Software

Managing leases is an essential but often complex part of running a business, especially as your portfolio grows. Many companies continue to handle their leases with spreadsheets or manual tracking, but this approach often leads to errors, inefficiencies, and missed opportunities. As commercial real estate becomes more complex, businesses are increasingly turning to lease management software to streamline operations, maintain compliance, and make data-driven decisions.

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Brooke Colglazier

Marketing Manager

Lease Management

The Complete Guide to Commercial Lease Management

Managing commercial leases can be complex and time-consuming, especially for businesses with multiple properties or lease agreements. However, with the right strategies and tools, it’s possible to streamline the entire lease lifecycle and ensure compliance with industry standards.

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Brooke Colglazier

Marketing Manager

Lease Accounting

ASC 842 Lease Accounting Explained: Compliance, Recognition, and Reporting

For businesses managing commercial leases, compliance with accounting standards is critical to staying on the right side of regulators and ensuring accurate financial reporting. Two major standards, ASC 842 and IFRS 16, have reshaped how companies handle lease accounting, requiring lessees to recognize lease liabilities and right-of-use (ROU) assets on the balance sheet. If you’re managing leases, especially in a multi-location business, understanding and complying with these standards is essential.

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Brooke Colglazier

Marketing Manager

Lease Management

What is Lease Management Software

Revolutionize your real estate operations with lease management software. Centralize data, enhance compliance, and streamline tenant management effortlessly.

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Brooke Colglazier

Marketing Manager