TECHGuru

  Complex Lease Modifications Due to COVID-19 Outbreak Fuel Demand for Software The COVID-19 crisis has deeply affected all businesses in one way or another. This has enormously stressed the leasing industry. Social distancing and work from home measures have forced non-essential businesses, physical stores, and offices to close. Since lease accounting and management related to offices, retail stores, and warehouses has become complex due to the ongoing pandemic, companies in the lease accounting and management software market are creating awareness about their platforms. Yardi Corom - a provider of lease management and accounting software, is increasing its marketing efforts to publicize its software that helps users to deal with financial components such as lease modifications, concessions, and changes to payments. Thus, to achieve this, companies in the lease accounting and management software market are helping users to comply with the FASB (Financial Accounting Standards Boar...