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EZLease Lessorinsightsoftware

Automates lease compliance, asset tracking, and expansion for lessors, simplifying complex accounting standards and manual processes.

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Product details

EZLease Lessor is a specialized accounting platform designed for lessors to manage their lease portfolios efficiently and compliantly. It addresses the challenges of navigating complex lease accounting standards such as IFRS 16, ASC 842, and GASB 87, which are often exhausting and prone to errors. The software automates manual tasks like tracking lease data, calculating journal entries, and generating reports, thereby reducing the risk of costly penalties and audit failures. For organizations outgrowing their current tools, EZLease Lessor offers scalability to handle growing lease counts without the need for juggling multiple spreadsheets or disconnected systems. It provides accurate and easy compliance, saving time and allowing teams to focus on strategic initiatives rather than tedious accounting processes. The platform is built to grow with the business, seamlessly integrating with existing systems and delivering real-time updates to maintain control over the lease portfolio. Key benefits include a reduction in manual lease due diligence, faster achievement of compliance standards like ASC 842, and a shorter time to close lease accounting books. It also offers seamless integration with over 140 ERPs and EPMs, with IT-free export features for data analysis and reporting.

Features & Benefits

  • Automated Compliance: Ensures adherence to IFRS 16, ASC 842, and GASB 87 standards, reducing stress and the risk of penalties.
  • Time Savings & Efficiency: Automates repetitive tasks like journal entries and data management, freeing up team hours for strategic work.
  • Scalable Growth Management: Adapts to portfolios of any size, from single leases to thousands, simplifying growth without chaos.
  • Seamless Integration & Data Export: Connects to over 140 ERPs and EPMs, enabling IT-free data export and analysis.