Host Gary Marshall discusses the growing need for estate-management databases by retail tenants with leases, aligning leased-property data with finance function.  

He highlights how recent changes in accounting standards such as IFRS 16 and FRS 102 have driven the need for supportive software to hold relevant lease data, and to handle complex Discount Cash Flow calculations for Balance Sheet reporting. 

He describes the challenges of procuring tenant-friendly software among many landlord-biased applications, and of integrating contractual Property payments such as rent and service charge into a dominant Finance landscape built around Purchase Order numbers and invoices.

In conclusion, he highlights the need for cost-effective applications with ease of integration into established Finance databases, and the need for Subject Matter Expertise in managing consistent  input and output to ensure close control on costs, and optimised profit.

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