STRATEGY POLICY INVENTORY DATA
SYSTEM PROCESS
CONTROL SUSTAIN
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ROAD TO LEASE COMPLIANCE
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SYSTEM
You need to buy a separate module
to ensure compliance
As soon as the new regulation was published, your vendor assured you they
could help you comply. What they didn't tell you is that compliance would
require the purchase of a completely new module. Avoid this scenario by
ensuring you select a solution that has compliance built right in.
Your solution is not
really a solution
There are many vendors that claim they have a complete solution, but actually
require the overlay of a third-party audit firm's tool to ensure compliance. Two
solutions is no solution. Instead, look for a singular tool that was built from the
ground up to comply with the FASB/IFRS rules.
You must give up your data
privacy to use the solution
Your data can be a competitive advantage, so its privacy is paramount. But
vendors who also market their data see an opportunity to leverage yours to fuel
their business. Make sure the so-called amazing deal you are getting from a
vendor is not at the expense of your privacy.
You are being told resources won't
be available for months
Some vendors already have many customers that they need to help get
compliant, but their legacy solution won't do the job – so they are switching
them to other tools in their arsenal. The challenge is that with so many customers
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