We often get asked about our competitors, and our answer usually surprises people. Sure, there are other players in the lease management software game that we compete with, but spreadsheets are truly the oldest and fiercest of the bunch.
There’s great value in utilizing spreadsheets. They’re affordable and accessible, there are thousands upon thousands of resources online to reference when you need help, and many people already possess a basic understanding of how to use them. Though there are many positives, there are also several drawbacks, especially when you manage a mid-size to large portfolio. So, let’s explore some of the drawbacks of using spreadsheets to manage your leases.