We’ve created intuitive compliance workflows for each event linked to an agreement. Each workflow takes you through a step-by-step process to record all changes that occurred during an event, and automatically apply these updates to the agreement.
There’s no rush to finish workflows by the end of the day. Your progress is automatically saved after any changes, so you can quickly pick up from where you last left off.
Our document generator empowers you to create legal documents from templates within nomos one in about 10% of the time it would take using other systems.
These e-agreements were created in collaboration with a panel of property and asset law experts to make sure they are legally sound and right for you.
We included built-in event approvals, an optional process where changes to leases are sent to appointed users for review. The event is completed when all users approve the changes.
Avoid lengthy email chains with lawyers and stakeholders where important information can be missed. Bring them into the conversation from the start.
Our drag and drop document repository makes it simple to keep track of historic, current and future agreements, ensuring you’ve got the most up-to-date information.
It isn’t just for agreements either; you can use this repository to store property WoF’s, photos, plans and any other compliance documents in a wide range of supported file types.
New Lease Accounting Standards
Lease accounting is no longer a set and forget option. With IFRS 16 – Leases/ASC 842 coming into effect from 1 January 2019, the accounting landscape for lessees is set to change dramatically.