All Posts By

Shiloh Paul

On-Demand | Lease Accounting 2.0

By | Replays

The Next Evolution of Lease Accounting

Leveraging Robotic Process Automation for Long-Term Success

Many companies have completed their initial lease accounting project with varying degrees of success, but are now becoming aware of serious challenges that have been revealed:

  • Scaling the ongoing collection and updating of lease and asset data
  • Applying judgements, policies, and controls consistently through automation
  • Leveraging technology rather than people to reduce risk and cost

Watch this educational webinar to learn how fully automating key lease accounting processes reduces risk, complexity, and cost as part of a reliable and accurate monthly close process.

A panel of lease accounting experts share real-world examples and discuss how companies are leveraging automation — including robotic process automation (RPA) — as opposed to manual workarounds to achieve and maintain long-term compliance.

Discussion topics include:

  • Using RPA to apply effective governance
  • Using automation to ensure lease data accuracy and completeness
  • Integrating fully digitized leasing into the global close process

Business Development Representative

By | Careers

Business Development Representative

Location: Reston, VA

Are you interested in starting a new career in software sales? Are you looking for a job that offers you the opportunity to earn additional, variable compensation based upon your individual performance as well as receive structured training in a fun, hardworking, and mentoring culture? Do you want to be part of building something new? If so, consider launching your sales journey at LeaseAccelerator as one of our Business Development Representatives.

Please send your resume to Lorraine Joseph at LJoseph@leaseaccelerator.com

Jobs Customer Care Specialist

Job Responsibilities

We are aggressively growing our sales and marketing organization to take advantage of the explosive demand. One of the most important functions is identifying companies that are in a buying mode for our software. That’s where you come in. As a Business Development Representative (BDR), your role will be to reach out to senior finance, accounting, and treasury leaders at Fortune 2000 companies to discuss their needs for enterprise lease accounting software. Once you confirm interest, you schedule a meeting with the decision maker to speak with one of our Regional Sales Directors.

On a day-to-day basis your role will include:

  • Working towards developing a robust pipeline to fuel our growth
  • Cold calling decision makers in finance, accounting, and treasury organizations in Fortune 2000 accounts
  • Engaging the decision maker in a conversation to identify whether the contact has the need for a lease accounting solution
  • Tracking your activity including calls and conversations in the company’s CRM application (Salesforce)
  • Reporting on metrics and KPIs about the territory and leads booked

Key Qualifications

Bachelor’s degree or some college experience

Applicants must be authorized to work in United States

LeaseAccelerator Services, LLC, is an Equal Opportunity Employer (EOE). Qualified applicants are considered without regard to age, race, color, religion, sex, national origin, sexual orientation, disability, or veteran status.

About LeaseAccelerator

LeaseAccelerator is the leading independent software vendor in the developing category of software called Enterprise Lease Accounting.  This category is expected to grow to a $1B+ market by 2020. In fact, it is one of the fastest growing technology sectors — not far behind the futuristic robotics and artificial intelligence tech you read about in the news.

Webinar | Lease Accounting 2.0

By | Webinars

The Next Evolution of Lease Accounting

Leveraging Robotic Process Automation for Long-Term Success

Watch Now

Many companies have completed their initial lease accounting project with varying degrees of success, but are now becoming aware of serious challenges that have been revealed:

  • Scaling the ongoing collection and updating of lease and asset data
  • Applying judgements, policies, and controls consistently through automation
  • Leveraging technology rather than people to reduce risk and cost

Watch this educational webinar to learn how fully automating key lease accounting processes reduces risk, complexity, and cost as part of a reliable and accurate monthly close process.

A panel of lease accounting experts shared real-world examples and discuss how companies are leveraging automation — including robotic process automation (RPA) — as opposed to manual workarounds to achieve and maintain long-term compliance.

Discussion topics included:

  • Using RPA to apply effective governance
  • Using automation to ensure lease data accuracy and completeness
  • Integrating fully digitized leasing into the global close process

Panelists

Tyler Mills

SVP, Global Alliances

John Kuett

VP, Lease Accounting

Alex Klein

Solution
Consultant

Matt Bartley

Solution
Consultant

David Shebay

Partner – PwC Advisory

Unsubscribe

By | Uncategorized

We’re Sorry to See You Go!

Handbook | New IASB IFRS 16 Lease Accounting Standard

By | White Papers

New Lease Accounting Standard Handbook

How to Comply with the IASB IFRS 16 Lease Accounting Changes While Also Driving Savings

Download Now

Get the IFRS 16 Handbook

Download Handbook to Learn:

  • Summary of the new IASB IFRS 16 rules
  • The Data and Documents You’ll Need to Collect
  • Required Lease Accounting Software Changes
  • Real World Accounting Examples

Overview of IFRS 16

The first effective dates for the new international lease accounting standard, IFRS 16, were in January 2019. The standard requires that all leases now be reported as finance leases unless the lease term is less than 12 months or the value of the lease is less than US$5000. The on-balance sheet requirement of the new standard is creating a huge implementation challenge for many companies. The challenge is exacerbated for companies with large equipment leasing portfolios because equipment leasing programs are typically decentralized, making it difficult to track down the data needed to comply with the new standards.

To comply with the new standard companies must:

  • Learn the technical accounting and make policy judgements
  • Collect lease accounting data and supporting documents
  • Implement lease accounting and administration software
Lease Accelerator Solution by role for Shared Services

To maintain compliance, companies must:

  • Develop policies and controls to ensure the company stays in compliance on day 2 of the new standards and beyond
  • Establish automated processes to reduce unnecessary risks from manual workarounds, as well as costs
  • Train all end users on the lease accounting and management software

To learn more about IFRS 16, the affects the standards will have on your business, how to staff and budget for the implementation project, and what to look for in lease accounting software, visit our lease accounting page.

Handbook | IFRS 16 Lease Accounting

By | Download

Download this IFRS 16 Lease Accounting Handbook to understand how to comply with the lease accounting changes while driving savings.

Also Check Out

Lease Accounting Software Evaluation Guide

The guide includes a comprehensive checklist of features for real estate and equipment lease accounting and administration.

Read this ranking of the operating lease obligations of the FTSE 350 to determine which companies and industries will be most impacted by the change.

10 Steps to Collecting Your Lease Accounting Data

Follow the 10-step methodology to learn what lease accounting data you need, where to find it, and how to clean it up.

Industry report | Australian Lease Accounting Progress Report 2019

By | Research

Progress Report 2019

Australian Lease Accounting

Over three years have passed since the initial publication of the new IFRS 16 Leases standard by the International Accounting Standards Board (IASB). In an effort to provide a quantitative progress report on the status of compliance efforts, LeaseAccelerator conducted a research study with senior (vice president and C-suite level) finance and accounting professionals from Australian companies.

Download Now

Get Access to the Report

Key findings indicate that:

  • Almost 85% of respondents said their project had turned out to be more complex than they anticipated
  • 61% are finding their project more complex than the new revenue recognition standard AASB 15
  • 55% of respondents cited data collection as their biggest challenge

Recommendations include guidance on:

  • How to correctly collect data from the onset
  • Considerations when establishing a formal project team
  • How to plan for on-going success beyond the initial compliance hurdle

Industry report | Australian Lease Accounting Progress Report 2019

By | Download

Achieving Compliance by the Deadline

Also Check Out

For companies that are just now starting their implementation of the new standards, the How to Get Started Guide details the major steps organisations should take in the first 90 days of the lease accounting project to avoid falling behind or overlooking critical tasks.

ASX 100 Lease Accounting Study

The ASX 100 Lease Accounting Impact Study ranks the companies on the ASX 100 index by their operating lease obligations to determine which companies in which industries will see the largest impact to their balance sheets and income statements.

Many companies will soon be entering the final 90 days before their implementation deadline for the new standard. This document provides a useful checklist of the 90 things companies should try to do in the last 90 days to make both the transition and ongoing compliance go as smoothly as possible.

LeaseAccelerator kicks off fourth enterprise lease accounting summit in Texas

By | Press Releases

FORT WORTH– June 11, 2019 – LeaseAccelerator, the pioneer in Enterprise Lease Accounting software, will kick off the fourth annual Enterprise Lease Accounting Summit on Wednesday, June 12thin Fort Worth, Texas at 8:42am CDT. The summitis the accounting industry’s largest event 100% focused on adoption of the ASC 842, IFRS 16, and GASB 87 standards.  Several hundred representatives from large public, private, and non-profit companies convening to discuss best practices and key challenges with adoption of the new standards.

Read More