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Scribcor Global Lease Administration is a full-service lease administration company dedicated to helping global clients manage their commercial leases in a more efficient manner, saving time and money.

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Scribcor Global Lease Administration is a full-service lease administration company dedicated to helping clients manage their leases in a more efficient manner while monitoring portfolio opportunities, mitigating financial risks, and sending savings to the bottom line. The Scribcor team is comprised of talented attorneys, accountants, paralegals and property management professionals that combine experience, technology, and market knowledge to streamline processes and proactively seek opportunities to add value. Scribcor also offers expert level services in lease accounting, lease abstracting, lease auditing and other real estate and equipment portfolio solutions.

Our Services

As a trusted partner of the RECOR Network™
Scribcor Global is able to fulfill your company needs worldwide.

Lease Administration Services

Lease administration has evolved to become a critical foundation for cost savings initiatives, risk mitigation and strategic portfolio optimization. Scribcor Global’s lease administration services proactively identify savings and cost avoidance opportunities, enable strategic planning and portfolio optimization and support real estate compliance with financial reporting requirements. Our lease administration services include database management, rent processing, reporting, and lease auditing.

Lease Abstraction Services

Data integrity is mission critical to all aspects of the lease administration cycle. Scribcor Global Lease Administration delivers an accurate and comprehensive lease abstraction program which captures, validates, and reviews the data elements that are important to you. The basis for this trustworthy data is a reliable set of lease documents that conforms with your business rules for document quality. Complete and reliable documentation leads to complete and reliable data in your lease administration system. Our staff of seasoned attorneys, accountants, and lease administration professionals, coupled with our rigorous quality assurance process, ensures accuracy and completeness to the highest degree.

Lease Accounting Services

The latest FASB/IASB lease accounting standards went into effect at the end of 2018 for public companies, and will go into effect in 2021 for both private companies and not-for-profit organizations. These changes affect how leased assets are reported in a company’s financial statements. Under the new rules, all leased assets, from office space to copiers, must be accounted for at an asset-level basis (except in very limited circumstances).

Contact Us

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Scribcor Global
Primary Address

2 Mid America Plaza Suite 650 Oakbrook Terrace, IL 60181 US

630-581-5550

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Partner of RECOR Network™
Corporate Headquarters

2200 East Williams Field Road
Suite 200
Gilbert, AZ 85295

1-800-RECOR-23

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