Cloud-based FASB lease accounting and compliance software

fasb lease accounting

With the new lease compliance standards from the Financial Accounting Standards Board (FASB) organizations are finding it hard to adhere to the new standards while complying with the old ones. Leverage our lease accounting software to create a centralized lease data system that adheres to FASB.

Leverage our 5+ years of expertise to solve your various lease accounting and financing challenges

lease data abstraction
Automated Lease Abstraction

In-house lease abstraction incurs a lot of expenditure and skilled lease abstractors. LeaseComply empowers leasing agents, lease administrators, and property managers abstracting critical lease data from large-volumes of disparate sources like balance sheets, legacy systems, financial statements, websites of various native languages, and more.

lease accounting services
Lease Data Review

The abstracted data are susceptible to various errors and needs a human intervention to increase the level of accuracy. Leverage our team of lease reviewers and quality analysts to increase your data reliability who can help you to analyze and calculate leasing terms like appreciation and depreciation cost, net present value, incremental borrowing rate, and more.

lease accounting solutions
Lease Classification

Enhance your balance sheet, make better decisions, and mitigate down payments by classifying your leases as finance or operating, after a lease-by-lease analysis to comply with ASC 842. Our team of Lease analysts monitor the changes and amendments in the standards and ensure the impacts of the recent amendments are incorporated in our LeaseComply.

lease abstraction services
Lease Validation and Verification

Identify opportunities and negotiate renewals with deeper insights gained with OCR, cross-verification of legal terms and costs with parent documents. Verify whether the data comply with various accounting guidelines like ASC 842, GAAP, IFRS 16, and Sarbanes-Oxley. Identify gaps and missing values present in the lease documents to enhance your compliance.

LeaseComply - a single platform capable to handle all types of leases

real estate lease

Real Estate

operating lease accounting

Operating

commercial lease accounting

Commercial

lease accounting compliance

Residential

lease accounting solutions

Equipment

lease accounting software

Equity

automated lease abstraction

Financial

lease accounting tools

Non-financial

leasecomply
lease accounting professionals
Certified Accounting Professionals

We have a highly skilled and qualified heterogeneous team of CPAs, finance graduates, lease accounting SMEs with extensive lease accounting expertise who verifies and approves each lease for its internal and FASB lease accounting compliance.

lease accounting services
Machine Learning models

Our sheer knowledge in the leasing domain has enabled us to create large training datasets for ML models to correctly extract critical lease data terms without any manual guidance. Automate aggregation of large-scale data from various sources, perform due diligence, build fault-tolerant systems to detect errors with our AI-enabled ML algorithms.

lease accounting
5+ years of Experience

We have a well-qualified lease team of over 100+ members like lease data abstractors, lease auditors, lease analysts, and more. They have 5+ years of experience in various lease abstraction and accounting services and deep knowledge of company-specific lease data. Operational excellence is achieved by the well-defined governance model and the clearly demarcated team structure based on their expertise.

Why Choose LeaseComply

lease accounting professionals

Certified Accounting Professionals

We have a highly skilled and qualified heterogeneous team of CPAs, finance graduates, lease accounting SMEs with extensive lease accounting expertise who verifies and approves each lease for its internal and FASB compliance.

lease accounting services

Machine Learning models

Our sheer knowledge in the leasing domain has enabled us to create large training datasets for ML models to correctly extract critical lease data terms without any manual guidance. Automate aggregation of large-scale data from various sources, perform due diligence, build fault-tolerant systems to detect errors with our AI-enabled ML algorithms.

lease accounting

5+ years of Experience

We have a well-qualified lease team of over 100+ members like lease data abstractors, lease auditors, lease analysts, and more. They have 5+ years of experience in various leasing services and deep knowledge of company-specific lease data. Operational excellence is achieved by the well-defined governance model and the clearly demarcated team structure based on their expertise.

Leverage our lease accounting tool to gain operational efficiency and improve ROI while complying with new leasing standards like FASB.

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