LeaseAccelerator announced that it has been featured as 2018’s Top 10 Accounting Solution Providers in the latest edition of CFO Tech Outlook. The annual list of companies is selected by a panel of experts and members of the magazine’s editorial board based upon their innovativeness and advancement in providing accounting solutions.

“Enterprise Lease Accounting software will experience one of the fastest growth rates of any market in 2018 as the controllers of Global 2000 companies rush to adapt the new ASC 842 and IFRS 16 standards,” said Michael Keeler, CEO of LeaseAccelerator. “We are pleased that not only LeaseAccelerator, but also the new category of software – Enterprise Lease Accounting – is being recognized for its critical importance to this new era of GAAP reporting.”

LeaseAccelerator’s Enterprise Lease Accounting software features include:

• Financial Reporting – The global lease accounting engine enables Controllerships to deploy as many ledgers as required as well as the expanded set of qualitative and quantitative disclosures required under IFRS 16 and ASC 842.
• Record-to-Report Automation – Automated lease classification and calculation of subledger journal entries at the asset level allow Controllerships to eliminate many of the manual aspects of the record-to-report process – improving speed of close and reducing costs.
• Straight-through-Processing – A library of APIs, play-books and plug-and-play connectors enable companies to integrate their lease accounting software with real estate administration, asset management and general ledger applications including Oracle and SAP ERP.

“We are happy to announce LeaseAccelerator as one among the top 10 companies that are showcased in the Accounting Solution special edition,” said Sarah Dawson, Managing Editor of CFO Tech Outlook.