Overview
LeaseAccelerator helps companies automate lease accounting and maintain compliance with evolving standards. Its complexity can be challenging for smaller teams to navigate. However, its robust capabilities for managing large lease portfolios make it a valuable tool for finance and real estate professionals seeking accuracy and control.
LeaseAccelerator Specifications
Lease Management
Document Management
Expense Tracking
Reporting and Analytics
What Is LeaseAccelerator?
LeaseAccelerator is a comprehensive lease lifecycle automation platform designed for large enterprises managing extensive portfolios of real estate and equipment leases. It serves industries such as retail and transportation, offering solutions that span from lease sourcing and administration to accounting and end-of-term management. By automating complex processes and ensuring compliance with global standards like ASC 842, IFRS 16, and GASB 87, LeaseAccelerator addresses common challenges such as scattered lease data, manual tasks, and lack of visibility.
LeaseAccelerator Pricing
LeaseAccelerator Integrations
LeaseAccelerator software seamlessly integrates with various applications, including:
Who Is LeaseAccelerator For?
The software is designed to accommodate businesses of all sizes, catering to various industries and diverse use cases, such as:
- Retail
- Manufacturing
- Healthcare
- Transportation
- Real Estate
Is LeaseAccelerator Right For You?
LeaseAccelerator is a solid choice for businesses because it improves financial accuracy, reduces manual workload, and ensures compliance with lease accounting standards. It enhances visibility into lease obligations, supports better decision-making, and lowers the risk of costly errors, helping companies manage leases more efficiently and confidently.
Still not sure if LeaseAccelerator is right for you? Reach out to our customer support team at (661) 384-7070—they’re available to help you find the best solution for your requirements.
LeaseAccelerator Features
LeaseAccelerator consolidates lease information into a single platform, providing asset-level visibility across real estate and equipment leases. This centralized approach enhances data accuracy and simplifies compliance with standards like ASC 842 and IFRS 16.
The software automates processes to ensure compliance with lease accounting standards such as ASC 842, IFRS 16, GASB 87, and GASB 96. It calculates right-of-use assets, lease liabilities, and amortization schedules, reducing manual errors and audit risks.
LeaseAccelerator integrates with over 140 ERP and EPM systems, including SAP, Oracle, and Microsoft Dynamics. This integration streamlines data flow, reduces manual data entry, and ensures accurate financial reporting across platforms.
The software provides proactive notifications and automated workflows for end-of-term events, such as lease renewals and asset returns. This feature helps organizations manage lease expirations efficiently, reducing costs associated with missed deadlines and unplanned renewals.
LeaseAccelerator provides reports like roll-forwards, quantitative analysis, and journal entries to support compliance and financial analysis. Customizable reporting helps users assess lease performance and financial impact effectively.
Top Recommended Software
