Jackson Cross Partners has one very important key tip when it comes to implementation and ongoing lease administration. Some of the most successful projects we have been a part of have one common denominator that sticks out as a differentiator.
Get Cross-Functional Team Members Involved: (getting leaders within the organization from the different functional teams involved in this new lease accounting process can have lasting effects)
Regardless of the current state of your lease accounting implementation project, whether implemented and compliant, not yet started, or anywhere in between, this tip is critical for creating internal buy-in, informed lease decisions, and longevity.