What is Occupier?

Occupier is a lease management software built for tenants and tenant-rep brokers to cooperate on the entire lease life cycle. It is suitable both for brokers and retailers and even restauranteurs. So, with Occupier, you can manage your restaurant group locations and portfolio of franchises, optimize the restaurant lease management process and automate the tracking of operating expenses on one easy-to-use platform or you can also view every lease and retail location in your real estate portfolio on a dashboard, and stay in touch with all key stakeholders across the lease transaction lifecycle. Before discussing the advantages for brokers in this Occupier overview, it is worth mentioning the platform's features. Occupier's cloud-based platform automates deal tracking, lease administration, and lease accounting functions. Using this platform, brokers can receive lease status updates as well as automatic notifications, create their own deal rooms with clients, and negotiate, thereby discussing lease strategies and speeding up decision-making with automated offers and deals.

With lease administration, it's easy to manage critical dates, analyze your financial obligations, and analyze your portfolio's real estate analytics. You can aggregate, sort, and filter all rental conditions, and automate notifications about critical dates like rent increases, renewal options, security deposit returns, termination rights, and more. Moreover, you can easily track rental and operating expenses for your business' leased assets and then export reports to get a view of the risks and opportunities of your real estate portfolio.

Another feature in this Occupier overview is diverse analytics that shows you lease expiration dates as well as the critical dates that require your attention, averages of your real estate portfolio data points including rent obligations, leases, square footage, and total additional expenses. Additionally, expense analytics breaks down your spending by space type, and by their cost type as well as by their additional expense type like CAM, Opex, Utilities, Percentage Rent, and Other.

The lease accounting feature helps you recognize every lease, generate journal entries and close the books. This function allows you to automatically generate and record monthly journal entries, calculate the ROU Asset and Lease Liabilities amortization schedules, export reports to maintain compliance with enhanced disclosure requirements, and integrate your lease data with your ERP to close the books every month. Best of all, it can all be done and collaborated with your real estate team on one platform.

Regarding joint cooperation, which we have already mentioned in this Occupier overview, you will be helped by transaction management, which allows you to work together, perform tasks, track all documents and analyze real estate data. You can develop a growth strategy according to your business needs and close better deals as a result. In addition, you have the option to analyze rent and square footage comps during the planning phase of lease deals and negotiate proposal deal points and terms in your LOIs, and also use unique real estate data for mediation.

In the conclusion of this Occupier overview, we can say that with this software you can leverage a modern suite of technologies for your commercial property and lease management needs, drive team collaboration, and do it all on one easy-to-use platform.