With the announcement of the long awaited lease accounting rule changes, lessees and lessors now face the challenge of getting their lease information organised and ready for more detailed reporting. Even without the rule changes, there are compelling reasons why your leases should be better controlled. LS2 is the third system we have developed to help you to manage your lease portfolio. Unlike any other, it can be profiled to contain exactly what you want and need to see, in one place and for all asset types. Needless to say, lease accounting reporting for IAS17, IFRS16 and USGAAP is already included. LS2 can be adjusted at any time as your ideas and needs inevitably change, but can also be customised to meet any unique requirements. In essence, it is an ‘off the shelf bespoke system’.

HOW WE CAN HELP YOU

We have more than 24 years’ experience in managing lease portfolios and have applied that knowledge to developing LS2, for you to better handle your own leases in-house. We can also help with lease collation; portfolio analysis; lease arrangement and contract negotiation if you wish.

LS2 contains everything for your leases and rental agreements, together with related or general contracts. Your authorised users can access centralised records, including documents, notes, processes, notice alerts, reminders and reports, from anywhere in the world, at any time.
It has been designed by users for users bringing a simple and practical approach to working with leases day-to-day. However, beneath the surface is a very complex and powerful system with extensive calculations and detailed reporting capabilities for all asset types.

LS2 is an ‘off the shelf bespoke system’ and not a ‘one size fits none’ solution. We profile and set everything up for you, with all of the information you currently use, whilst adding anything else that you would like to include.  This gives a starting point of exactly what you want, but with the comfort of knowing that the system can change and grow with you at any time. There is also unlimited capacity to customise and add functionality to meet unique requirements.

With the unique flexibility and agility of LS2, imagination is the only possible limitation!

“Working with Vince and his company has improved our processes and has significantly reduced the amount of time we spend on leasing. I am very pleased with the new way of working.”

Michael BothaCommercial Director, Domino’s Pizza Group plc

“We have the utmost trust in them. They are totally independent and have nothing to gain by pushing us in a certain direction, with everything to lose if our trust goes.”

Mark RobbinsHead of Procurement - WHSmith plc

“The attraction of the LS2 platform was that it was flexible, intuitive to use and scalable to match our aggressive growth targets.”

Rik HubbardHead of Samsung Capital

“As Leasing Operations Manager, stability and flexibility of the system were critical and I can say that LS2 delivers both at reasonable costs and within required timescales.”

Tim Sunbeom HongOperations Manager - Samsung

“The additional value that was brought was Vince’s expertise and knowledge of the leasing industry. He was able to act as a true consultant to ensure we got the most out of LS2 whilst optimizing our business model.”

Rik HubbardHead of Samsung Capital

“Vince and his team not only have been proactively providing system support with enthusiasm but also advice, suggestions, and feedback which were very helpful in managing Samsung’s in-house leases. Very satisfied with LeaseSolution and LS2.”

Tim Sunbeam HongOperations Manager - Samsung

“I find it easy to navigate around the system and can find straight away all of the necessary information I need. It is laid out in a way I understand and is useful for me so I can see exactly who owes what and when.”

Marc Crossly Accounts - Samsung