LeaseAccelerator offers lease accounting software to digitally transform the multi-trillion dollar leasing sector. Typically, most leasing companies use old-fashioned spreadsheets and with LeaseAccelerator they can upgrade to a modern, advanced lease accounting solution. The platform enables you to automate leasing lifcycle processes including performing accounting, processing renewals, tracking assets, and obtaining financing.
LeaseAccelerator has designed its software for the unique needs of leasing firms just like a T&E program is used to manage travel costs and a CRM is utilized to handle the sales pipeline. ERP applications help to manage owned assets but not leased ones. LeaseAccelerator’s lease accounting platform is the answer as it provides support for the unique accounting, tracking, invoicing, and sourcing processes needed for leases.
LeaseAccelerator automates the time-intensive portions of the Record-to-Report procedure, allowing you to concentrate on analyses, policies, and exceptions.
Monthly close: Minimize time-to-close with the software’s cause of change, roll-forward, and subledger reports.
Policy implementation: Automate policy enforcement and classification for new and amended leases.
Integration with financial systems: Sync data with real estate, AP, GL, ERP, and other tools.
Reporting and disclosures: Push-button disclosures for quantitative and maturity analyses.
Support services across the lease lifecycle to boost speed to compliance and facilitate your success over the long term.
Automated testing: Use the lease accounting validator to minimize regression testing tasks.
Training: Leverage the advanced Learning Management System to coach your Center of Excellence.
Best practices: Partner with industry experts in the Lease Accounting Summit or the software’s user groups.
Customer Success Manager: Functions as an ambassador for your projects to assist you to achieve your business targets.
Introduce governance, controls, and policies to your lease portfolio management to ensure completeness and accuracy.
Implement controls: Asset requests for new leases and needed end-of-term recordings.
Periodic attestations: Affirm existence of assets and precision of lease information with stakeholders.
SOC audits: SOC 2 Type 2 audits for IT and SOC 1 Type 2 ICFR audits.
Documented audit trail: Monitor the who, what, how, where, and when of any alterations to your portfolio.
LeaseAccelerator provides pricing information by quote. Contact the vendor directly to get a personalized quote for your business needs.
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