Revenue Lease Contract Import and Conversion

Use the Lease Import process to simplify both lease conversions and new lease creation. The Lease Import process removes or reduces the need for manual intervention during the lease creation process. Import a batch of leases directly into the desired status: Draft, Validated, Complete, or Booked.

The following screenshot describes the process of importing revenue lease contracts.

Revenue Lease Contract Import

Revenue Lease Contract Import

Use the Lease Amendment Import process to simplify contract changes. The Lease Amendment Import process removes or reduces the need for manual intervention during the lease amendment process. Amendments include scope increases, scope decreases, and nonfinancial changes. Import a batch of lease amendments directly into the desired status: Draft, Validated, Complete, or Booked.

The following screenshot describes the process of importing revenue lease amendments.

Revenue Lease Amendment Import

Revenue Lease Amendment Import

Business benefits include:

  • Reduce data entry effort with revenue lease contract and amendment import.
  • Streamline business processes by importing revenue lease contracts and amendments from origination systems.
  • Reduce implementation time and increase ROI with functionality to migrate existing portfolios.

Steps to Enable

Use the Opt In UI to enable this feature. For instructions, refer to the Optional Uptake of New Features section of this document.

Offering: Financials  No Longer Optional From: Update 24D

Access Requirements

You do not need any new role or privilege access to set up and use this feature.