LseMod vs. In-house Analysis Tools
LseMod can be the foundation of your "world
class" analysis. Invest your time in customizing
LseMod instead of starting from scratch!
Do you dread the thought of going back to a client or management and telling them you made a SIGNIFICANT mistake? Could it be career limiting? LseMod is not bullet-proof. In our view, nothing is. However, with LseMod, since there are no user created Excel formulas, your chances of making a significant mistake are minimized.
Does your template require users to create custom formulas for partial years or atypical analyses? We recently audited a nationally known company's analysis and found over 25 errors. Some were small, but some were over $1,000,000. On the NPV, there was one error over $6.2 million on a $30 million calculation! Few people are on their "A" game 100% of the time and the audited analysis was a complex scenario with different start dates, an expansion, prorated rent, etc.
With LseMod, you bring your "A" game to the table every time, all the time!
Do you have your own in-house lease analysis standard,
or are you considering creating one? Please take a moment
and review the questions below.
- Would you characterize your current analysis tools
as "world class," the "best practices"
in the industry, or adequate and what "we've
been using for years"? Concerned about process
improvement?
- What are the benefits of creating your own lease
analysis model?
- What are the pitfalls and obstacles in creating
your own?
- Every time you reach an obstacle in development
how will you decide if it is worth investing additional
resources?
- What is your estimated development time?
- How large is your development team? If just one
(1) key individual department member is "programming"
an Excel spreadsheet, what is your succession plan
if that individual leaves?
- What is the real cost of creating your own analysis
taking into account lost productivity?
- Are you guilty of the "not invented here"
syndrome?
- Did you create your own lease administration/data
base? If no, why are you creating your own analysis
tools? Because it's written in Excel?
Why are we asking? LseMod started in 1989 as a corporate
program. We have been there, done that! Of course the
questions above do NOT apply to you. You are thinking
- we are DIFFERENT. Are you really that different?
LseMod is the answer. LseMod can be your foundation
and customized to fit virtually any need.
Continuously enhanced over the last 15 years and using
a leading Excel expert (www.add-ins.com),
LseMod had been described as "Excel on steroids".
Contact us and let's talk about your needs
and see if LseMod can be the foundation of your "world
class" analysis. Invest your time in customizing
LseMod instead of starting from scratch!
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