Ricoh’s New Business Service Empowers Organizations To Achieve Compliance With Complex Lease

Business ServiceWe provide resources and information to help Canadians get their businesses going and growing. Telkom Solution answers the demands of the 21st century Indonesians. We are supported by one of the largest telecommunication service provider in the country, and we are confident in our ability to facilitate improvements to the living standards in the country.

RICOH Lease Administration Services can continue to help customers reap benefits after the initial implementation. As leases often experience frequent turnover, a continued subscription helps companies maintain compliance, as well as continue to drive increased visibility into procurement processes. Through this ongoing partnership with Ricoh, businesses can be assured the cumbersome lease management process is managed with a strategic, holistic approach.

The new Financial Accounting Standards Board (FASB) and International Financial Reporting Standards (IFRS) changes will require companies to be compliant beginning on December 15, 2018 (exact dates can be found here ). Ricoh’s Lease Administration Services helps businesses come into compliance with these new regulations. It delivers just the right combination of calculation and data management tools, automated process support, and scalable legal resources needed to find data in lease and contract documents and use it to meet compliance requirements with the new standards. At the same time, Ricoh’s data capture, aggregation, and analytical capabilities empower customers to turn their lease administration data into actionable insights to drive better business performance.

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Service level agreements are economically very important. First, they serve to compare different service providers; second, they are used for impartial assessment of internal IT services to minimize costs, increase productivity and competitiveness. An additional point is meeting IT compliance regulations.