iLease Management LLC (“iLease”), developer of the iLeasePro, the cloud-based Lease Management and Accounting solution announced a new strategic partnership with Intacct, a leader in cloud-based ERP software. iLeasePro is a cost-effective solution that brings transparency, information sharing capabilities and efficiency to the lease portfolio of lessees. iLeasePro makes it easier for firms to manage the lease lifecycle of both Real Estate and Equipment leases and comply with the upcoming FASB and IASB Lease Accounting changes.

iLease has fully integrated iLeasePro, through web services, with Intacct to extend Intacct’s capabilities into lease management and to offer seamless synchronization of key lease accounting data between the two solutions. The integration of these two solutions will provide mid-market firms throughout the globe the ability to optimize the efficiency of their lease portfolio, comply with the upcoming FASB and IASB lease accounting changes and have the bonus of seamless integration with a state of the art accounting solution.

“We are very excited to have the opportunity to join the Intacct ecosystem”, stated Sean T Egan, Managing Partner iLease Management LLC. “As the FASB and IASB work to finalize the lease accounting compliance changes by Q4 2015, this partnership will offer firms a fully integrated technology solution that will not only accommodate the compliance requirements of the new accounting standards, but will also provide state of the art technology across the entire lease lifecycle for both real estate and equipment leases.”

“The addition of iLease to our growing ecosystem of best-of-breed technology partners will extend our ability to serve customers who manage real estate and equipment leases,” said Scott Lumish, VP of Business Development at Intacct. “iLease is well established in the SMB market – offering a solution that helps companies streamline processes and become much more efficient. This partnership and integration should be well received by our joint customers.”