Enterprise Leasing Software
Digitize Your Leasing Business Processes — Sourcing, Management, and Accounting
Digitize your enterprise lease portfolio by automating the business processes for all the assets that you rent:
- Procure-to-Pay
- Acquire-to-Dispose
- Record-to-Report
We support all the popular lease asset categories including:
- Commercial Real Estate
- Information Technology and Data Centre Equipment
- Transportation and Material Handling Equipment
- Company Cars and Vehicle Fleets
Enterprise Lease Accounting Software
Automate Your Record-to-Report Process and Simplify the Monthly Close for IFRS 16.
Looking for help with the new lease accounting standards? LeaseAccelerator offers a long-term, scalable approach to supporting the IFRS 16 standard. With our lease accounting software you can manage all your real estate and equipment leases in a single subledger. Once implemented, the record-to-report and monthly close processes are highly automated, enabling you to generate accurate financial disclosures with just a few mouse clicks.
Global Lease Accounting Engine
- Global Standards: Multiple parallel set-of-books reporting for IFRS and US GAAP
- Asset-Level: Journal entries to support complex equipment leasing scenarios
- ERP Upload: Integration with SAP and Oracle general ledger, AP, and real estate systems
- Financial Reporting: Push-button reporting for filings and disclosures
Record-to-Report Automation
- Lease Management: Mid-term events and end-of-term renewals, buyouts, and terminations
- Modifications: Tracking of events triggering modifications and reassessments
- Disclosure Reporting: Payment schedule, amortization, and maturity analysis reporting
- Financial Audits: Electronic audit trail of all activities throughout the lease lifecycle
Get a live demo of our lease accounting software
Learn how LeaseAccelerator can help you automate your record-to-report process and simplify your monthly close using our IFRS 16 Enterprise Lease Accounting software.
Reduce the Cost of Equipment Leases by 6-8% through Competition
Are you getting the best financing rates and contract terms for your equipment leases? Are you analyzing leasing versus buying options to determine which has the most economic benefit? We can help you quickly generate leasing RFPs then distribute them to our network of over 500 banks, vendor captives, and independent lessors.
Equipment Financing
- Lease vs Buy Analysis – Compare options based upon present value, cash flow, and tax impacts
- Leasing RFPs – Automatically generate RFPs for competitive bidding of equipment finance
- Analysis and Ranking – Apples-to-apples comparison of competitive bids from lessors
- Spend Analysis – Identify evergreen leases, over-payments, and unfavorable contract terms
Competitive Marketplace
- Capital Sources – Get bids from vendor captives, commercial banks, and independent leasing companies
- Ticket Sizes – Get bids on large, medium, and small ticket size equipment leases
- Asset Categories – Get bids on material handling, transportation, data centre, and other equipment types
- Geographic Regions – Get bids from capital sources in North America, Europe, Middle East, and Asia
Manage Real Estate, IT, Fleet, and Equipment Leases throughout their Lifecycle
Centralize all the data about your information technology, data center, transportation, material handling, and office equipment assets into single, enterprise-wide system. Armed with all of your leasing contract terms, financing rates, and expiration dates in a single repository, you will be able to quickly identify opportunities for reducing costs and optimizing spend.
Equipment Leases
- Unplanned Evergreen Fees– Minimize month-to-month rent payments past end of term
- End of Term Renewals– Optimize renewal rents with data-driven negotiating strategies
- End of Term Buyouts– Ensure you not over-paying for end of lease asset buys
- Lower Maintenance Costs– Reduce repairs and maintenance expenses from older equipment
- Technology obsolescence– Identify older equipment that can be upgraded at the same or lower cost
Real Estate Leases
- Lease Accounting– Track variable rent changes, contract modifications, and standalone prices for lease components to support IFRS 16 requirements
- Budget and Forecasting– Generate sublease income forecasts, set up property level budgets, track expenses by cost center
- Invoice Management– Capture monthly rent invoices, route to budget owners for approval, send disbursement info to AP
- Spend Analysis– Use centralized data to conduct desktop and full scope audits to identify cost savings opportunities
