We break down why it’s
important to have both functions within one solution to meet and maintain lease
accounting compliance.
Lease accounting
standards (FASB ASC 842, IASB IFRS 16 and GASB 87) are dependent on
software that helps maintain accurate lease information and produce
financial reports.
In our latest
whitepaper, Lease
Accounting and Lease Administration Software: Why You Need Both,
we share why it’s crucial to have both functions within one solution.
You will
learn:
How
you can more easily track cross-departmental changes to
leases
Why
it’s necessary to have a centralized lease location
The
benefits of having one lease accounting and administration
software solution
Visual
Lease, the #1 lease optimization software, helps
organizations meet lease accounting standard requirements, while
simultaneously improving the financial, legal and operational
performance of their leases.
P.S. If
you want to get a sneak peak into our all-in-one lease accounting and
lease administration software. Sign up for one of our Daily
Product Tours.
Visual Lease, 100 Woodbridge Center Drive, Suite 200,
Woodbridge, New Jersey 07095, United States