Solutions / Accounting /
Lease Accounting
Lease Accounting Automation Solutions for Complex Compliance Requirements
Audit-ready ASC 842, IFRS 16 and FERC compliance and automated lease lifecycle management for utilities, energy companies and midstream operators.
Lease Solutions That Help you Reach and Maintain Accounting Compliance
Since leasing impacts were shifted to the balance sheet, the maintenance of accurate leasing information has become a critical need for companies across industries.
The ongoing management of leasing portfolios represents a significant effort for companies. Functionality to support compliance reporting, contract amendments and consistent close processing is of paramount importance.
Whether serving as the lessee or lessor, our lease accounting solutions allow you to efficiently manage and report on leasing agreements with consistent, automated and accounting-compliant results.
200+ Asset Intensive Customers Trust PowerPlan
Complete Lease Accounting From Lease Agreement Through Lifecycle Management and Compliance
Lessee & Lessor Accounting
Consistent and repeatable processing as the lessee or lessor with outcomes supporting ASC 842, IFRS 16 and FERC requirements.
Lifecycle Management
Manage agreements through initial in-servicing, remeasurements and end-of-life processing.
Disclosure Reporting
Purpose-built reporting to align with ASC 842 & IFRS 16 disclosure requirements.
Simplify Calculations
Automate the full range of lease calculations, from simplistic to the most complex, including variable rate and dynamic lease calculations.
Automate Processes
Reduce audit risk by eliminating manual tasks, ensuring accurate billing, reporting and documentation.
Streamline Monthly Closing
Simplifies month end processing with accurate, automatically generated and appropriate accounting entries.
We’ve Helped Customers Achieve Powerful Results
