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LeaseAccelerator
2 Reviews 5/5 ★ ★ ★ ★ ★An enterprise-level lease accounting software from LeaseAccelerator for ASC 842 and IFRS 16 reporting.
Product Overview
LeaseAccelerator is an enterprise lease lifecycle management software that offers a comprehensive solution for managing real estate and equipment leases. It helps ensure long-term compliance, improve operational efficiency, and free up cash flow. The software is particularly known for its data management and automation capabilities, supporting a vast number of leases and assets globally. It manages and automates hundreds of thousands of leases, valued at billions of dollars, across numerous assets in various countries.Pros
- Offers full reports for lease data, accounting, and mangement
- Standardized contractual lange for RFPs
- Automated error messages prevent duplicate leases
Cons
- Pricing information not provided by the developer
- New users require training
- Report generation can take time
Target Market
Large organizations or enterprises that manage a significant number of real estate and equipment leases and want to optimize on a global scale.About LeaseAccelerator
Video Overview
LAS | LeaseAccelerator Overview from LeaseAccelerator on Vimeo.
Lease Accounting Features
- US GAAP and IFRS Reports
- Real Estate and Equipment Rental Lease Tracking
- Asset-Level Accounting
- Disclosure Reporting
- Audit Trail Documentation
Real Estate Lease Administration Features
- Centralized Contracts
- Rent Payment Tracking
- Track Contract Modifications and Rent Changes
- Invoice Management
- Budgeting and Forecasting
- Spend Analysis
Equipment Lease Management Features
- Renewals Management
- Equipment Returns management
- Buyouts Management
User Reviews of LeaseAccelerator
Write a Review
Submitted on
May 11th, 2022 by
Anonymous
Lease Management Accelerated. LeaseAccelerator provides comprehensive reports for lease data, accounting and management. Each organization using LeaseAccelerator is also assigned a Customer Success Manager who helps to ensure that us, users of the software, are heard.
Submitted on
May 11th, 2022 by
Fred Weimer
Using the docs that LeaseAccelerator provides, … we have standardized contractual language when we’re going out for the RFP.
