Datasheets

tangoanalytics.com 2 RENT PAYMENT Generate rent rolls, manage one-time payments and exceptions. Complete complicated rent and other financial calculations, straight line rent streams, manage and forecast accruals, and automate journal entries while aggressively managing variable expenses: · Employ full rent roll capabilities inclusive of one-time and recurring payment generation, with the ability to organize leases into specific groups for rent roll generation. · Calculate and manage straight-line rent schedules while automatically factoring in specific accounting calendars, f ree rent periods and likely term. · Review, audit and approve payments prior to interfacing with the accounting system, with full integration to ERP for payments, receivables and journal entries. Improve landlord-tenant negotiations and retail lease structures through active percentage rent management. Fully automate the process, integrating sales data, performing calculations and triggering payment in your accounts payable system: · Calculate and/or pay rent on a monthly, quarterly or annual basis. · Enable calculation against pro-rated or annualized break- points, as well as lease year-end gross up functionality. · Easily factor in exclusions and offsets to ensure calculations are accurate and avoid overpayment. · Visualize and report on all data related to percentage rent. EXPENSE RECONCILIATION Pay only what you owe through template-based reconciliations. Compare landlord invoices to lease terms to avoid overpayments and penalties: · Easily conduct desktop audits and feed critical data into analytics to provide a portfolio or landlord-level view of expense trends to identify outliers. · Perform template-enabled desktop audits at the line item level or variance cap to alert when the CAM account total exceeds the user-defined percentage variance. · Tackle the most complex retail leases, including four different cap on expense scenarios: total cap on the reconciliations period, cap at the line item level, group caps and cumulative caps. · Contrast current and previous period amounts and calculate percentage change. · Compare the landlord's detail bill with the stated lease terms to ensure accuracy and compliance. · Automatically generate the true-up payment or credit once an audit is confirmed and approved. Access critical information anywhere, anyway and at any time. Provide document access to distributed project teams, fostering efficiency and increasing productivity: · Reduce process bottlenecks by enabling outside vendors to easily access the information they need. · Secure project documents by role with simple-to-use permission levels for users and groups. · Lower costs and reduce mistakes by eliminating the use of multiple and/or paper-based systems. TANGO LEASE (CONTINUED) To learn more about Tango Lease, visit tangoanalytics.com TENANT / SUBTENANT BILLING Simplify tenant/subtenant administration. Proactively manage your subtenant portfolio to ensure collection of rent and the ability to stay on top of delinquent accounts: · Generate sublease invoices, including CAM obligations. · Track invoices and receipts for each subtenant. · Report on aged delinquencies and posting credits to accounts receivable systems. LEASE ACCOUNTING COMPLIANCE Classify your leases properly to ensure conformity to FASB ASC 842: · Leverage built-in lease classification questions and functionality to identify the classification type (finance vs. operating) to support FASB compliance. · Support the standards requirement to bifurcate real estate leases by easily identifying and managing bifurcation schedules on a single lease record. · Establish balance sheet entries to set up right-of-use assets for each lease. Operate under the current standard while supporting the setup and analysis of the new rules and their impact on your business: · Straight line operating and finance leases under FASB 840/842 and IAS 17/16. · Create multiple schedules to support continued operation under the current standard. · View detailed schedules, as well as produce comprehen- sive reports and necessary journal entries. VISUALIZATION Transform raw lease data into actionable insights. Harness market knowledge, monitor lease metrics, and track key space and occupancy indicators in real-time: · Supports real-time reporting and contains several preconfigured reports along with ad hoc report creation capabilities. · Equip managers to make better decisions with real time information through pre-configured and ad hoc reporting. · Employ rich, out-of-the-box reports to keep a pulse on fixed and variable occupancy costs, variances in landlord charges and geography-specific nuances. · Provide standard footnote disclosures to support both FASB-840 and FASB-842 standards. · Spot patterns, trends and correlations utilizing a robust self-serve business intelligence suite of products, including ad hoc data analysis and visualization. · Connect lease analytics and mapping to provide richer information for accurate decision making.

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