target audience: TECH BUYER Publication date: Aug 2023 - Document type: IDC MarketScape - Doc Document number: # US48562222
IDC MarketScape: Worldwide SaaS and Cloud-Enabled Lease Accounting and Administration Applications 2023 Vendor Assessment
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Abstract
This IDC study provides a thorough assessment of market leading SaaS and cloud-enabled lease accounting and administration applications and discusses the criteria that are most important for companies to consider when selecting a solution.
"IDC believes that vendors looking to improve their market positions need to focus on adapting to challenges like new technologies, evolving regulations, and unprecedented changes to the leasing market post-pandemic. With these challenges in mind, convergence will be the priority as more vendors seek to integrate additional capabilities such as facility management and ESG/sustainability into their existing lease accounting and administration solutions," says Kevin Permenter, research director, Financial Applications at IDC.