What is the best lease accounting software?
The best lease accounting software will help you effectively identify, manage and reduce any financial risks associated with your lease portfolios by: automating your processes, helping you keep track of journal entries, helping you track audit trails and more. When it comes to finding the best lease accounting software, you will want a tool that: Integrates easily with your existing tools and systems, including your ERP, your existing POS and your accounting systems Is verified as a compliant solution for handling regulations – like ASC 842, IFRS 16 and GASB 87 – complete with reporting and ERP integration Does not carry the risk of a failed implementation, which can cost time and money Guarantees accurate lease abstraction Offers ongoing product support and innovation, including ongoing training for employees Will not be siloed