RESTON, Va. – April 12, 2018 – LeaseAccelerator, the pioneer of the Enterprise Lease Accounting software category, announced today that ten new Oracle-centric companies have selected its SaaS application to comply with the new ASC 842 and IFRS 16 standards. Currently used by Arconic, Alcoa, ATI, Cummins, Herbalife and Salesforce.com, LeaseAccelerator supports real estate, equipment and embedded leases in a single, global subledger. The subledger can be quickly, easily and securely integrated to one or many versions of Oracle’s ERP platforms, including Oracle E-Business Suite, PeopleSoft, JD Edwards and their new Fusion applications.
LeaseAccelerator: Pioneering the New Category of Enterprise Lease Accounting
The new category of software is crucial for enterprise-wide compliance with ASC 842 and IFR 16.
By Sandeepa Majumdar
Published in February 2018