Old National Bank (ONB) & Mohr Partners: Streamlining Lease Administration

Old National Bank (ONB) is a leading regional bank that offers a full suite of financial services across various locations.

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ONB was managing a large and diverse lease portfolio, which included different property types and varied lease terms. As the portfolio expanded, ensuring data accuracy, coordinating across departments, and meeting financial reporting and compliance requirements became increasingly complex.

Mohr Partners partnered with ONB to streamline and modernize its lease administration by:

Cleaning up lease records, updating vendor information, and conducting database audits to strengthen accuracy.
Bridging communication across departments with a unified lease management process and monthly service updates.
Reviewing reconciliations, adjusting one-time payments, and validating landlord details through direct outreach and penny tests.
Providing interim Accounts Payable support (June 2024-March 2025) before launching a live rent payment process in April 2025 through Mohr’s AP system.
Integrating Mohr’s bill pay system, which gave ONB greater cash flow visibility, streamlined accounts payable and receivable processes, and enhanced security and compliance.

Through this collaboration, ONB achieved:

More than $500,000 in annual savings, along with approximately $ 66k+ identified through reconciliations.
Automated rent payments eliminated delays, streamlined processes and improved accuracy across a portfolio that includes branches, ATMs, and parking facilities.
Reliable data and reconciliations strengthened financial reporting and reduced regulatory risk.
ONB consistently recognized Mohr Partners for timely responses, proactive communication and measurable results.

Ready for accurate, compliant and efficient lease administration?

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Old National Bank (ONB) & Mohr Partners: Streamlining Lease Administration

Ready for accurate, compliant and efficient lease administration?

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