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“It is extremely simple for us to get to our lease disclosures. We have better end-of-term management and evergreen health and it takes a load of time off of all of our accountants.”
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“We have audit traceability now that we didn’t have before. What we spent weeks doing [for the audit], now we just spend a few hours.”
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“(Moving to LeaseAccelerator) was a very short period of time. We started in early December and went live in early February. Having the right team and the right support helped us go through this change very quickly.”
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"In the first 18 months, through LeaseAccelerator's RFP process, we have successfully competed and awarded $41.7MM of equipment leases and lease-lines (including forklifts, automobiles, IT/servers, furniture, fixtures, broadcast/audio-visual, heavy equipment, etc.) in several countries and generated over $2.7MM of realized savings, which is an ROI of 12.8%."
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"We chose LeaseAccelerator because their technology and expertise delivered substantial visibility and savings to our capital expenditure finance processes."
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"In 2007, Eaton saved $2.2 million on $12 million in leasing volume, thanks in part to LeaseAccelerator's services, which helped us achieve the best price from among competing lessors."
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"Without a company such as LeaseAccelerator to manage and control the procure-to-pay process, and provide independent analysis and advice, we simply would not be doing leasing today and could not have managed this tremendous growth."
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“We need this system. Timely closing of the books without it may be impossible.”
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"Lease Accelerator is constantly seeking new ways to meet customer needs. They clearly value innovation and process improvement and it shows. It makes me confident in future product releases that will make my job easier. We are using this to meet ASC 842 requirements. We are currently only using it …
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"Once the lease is properly in the system, it's set it and forget it! The system is solely used for compliance."
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"Ability to report and track global lease portfolio with forecasting capabilities. Make sure you completely and accurately identify and enter all lease assets. Problems being solves with Lease Accelerator are having all leases in a single database, accounting consistency, better controls, more up to date maintenance of leases. Benefits to …
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"Our Customer Success Manager is incredibly helpful and holds check in calls with our team every 2 weeks to discuss any questions and open support cases, and in between the calls is very responsive to questions via email. He is also proactive to reach out if he notices anything in …
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"User-friendly system and their employees are nice/helpful. Give it a try and ask questions if you aren't sure about a feature. The software is helping us greatly in tracking our lease activity and posting the necessary journal entries. Also, the output of reports that it provides."
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"The software is very user friendly. Customer service is quick to respond and their help guides are very useful. We are appropriately accounting for all our leases under ASC842, which is a very complicated new accounting standard."
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"The system provides all of the journal entries that we need each month. This helps us keep track of our leases which we hadn't been doing before."