![LOCO: Lease Management Solution](https://www.mmtvbd.com/assets/images/product/loco1.png)
Lease Management Solution
A fully integrated solution to help you meet IFRS 16 requirements.
LOCO, a lease management solution, allows you to track lease data, get automatically notified of a key dates and tasks, and uncover insights about the financial health of your lease agreement.
Benefits
- Streamline lease payable operations and reduce cost by improving response and closure times
- Manage landlord database
- Handle the impact of IFRS 16 on leases
- Manage transitional rules and the entire life of the lease
- API available to interface IFRS 16 journals and lease payments to CBS and ERP
- Email & SMS notification or reminders to make sure in time response
- Create an asset class matrix and define discount rates by asset type
- Protect brand reputation and increase landlord or partner satisfaction index by reducing Mean Time to Serve (MTTS)
- Management time savings through single window monitoring
- Administrative time savings through performance reports
- Increases visibility and transparency
Track key lease data
Never miss a critical event with automated notifications, including start and end dates, break clauses, rent reviews and indexations.
![Interoperability](https://www.mmtvbd.com/assets/images/product/icons/interoperability.png)
Interoperability
Manage rent and advance payments by integrating with your CBS or ERP system.
Analytics and Insight
Ensure complete financial control by seeing a comprehensive overview of all cost-driven information.
Improve Operations
Improve business processes to drive reduction in time from initial concept to actual building use.
Features & Functionalities
Clients
![Eastern Bank Limited](https://www.mmtvbd.com/assets/images/clients/thumb/new/ebl.png)
![Dhaka Bank Limited](https://www.mmtvbd.com/assets/images/clients/thumb/new/dbl.png)