This is a FinTechUpdate Publication

We break down why it’s important to have both functions within one solution to meet and maintain lease accounting compliance.

VisualLease

MicrosoftTeams-image (16)

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

 

LinkedIn