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Quarem Vantage

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Lease management solution for real estate businesses

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About Quarem Vantage

Quarem is a lease management solution designed to help commercial real estate businesses manage leasing processes related to properties, projects, and assets. The software enables administrators to track risks, opportunities, modifications across documents, obligations, and maintenance requests using a centralized dashboard.

Managers can configure role-based access across team members and let them view summaries of multiple contracts via a master lease list. Quarem offers a lease abstracting module, which lets teams manage income or expense schedules, maintenance procedures, insurance policy information, regulatory compliance, and contract commencement or expiration dates. It also allows operators to create separate profiles for each property and organize asset information, critical dates, income, lease issues, rent bumps, and other details on individual levels.

Businesses can use Quarem to delegate tasks among employees, compare expenditure against targeted budget, and track milestones in real-time. It also captures information regarding lease liability, initial/fixed/variable lease payments, incremental borrowing rates, and compounding frequency to meet ASC 842/IFRS 16 compliance standards.