Equipment Lease Sourcing Demo

Equipment Lease Sourcing – Demo

By | Demos

Watch a Demo of our Equipment Lease Sourcing Features

Generate Millions in Savings through Competitive Bidding of Leasing Terms.

In this short, four-minute video we will show you how you can use LeaseAccelerator’s Equipment Lease Sourcing features to conduct:

  • Lease versus Buy Analysis – See how easy it is to generate a lease vs buy analysis for new equipment purchases. Even non-financial users can do it using our Asset Request Form.
  • RFP Generation and Submission – See how you can build a new RFP by answering a few questions in our standardized template. We’ll generate a PDF that can be automatically sent out to over 500 lessors on our global network.
  • Proposal Analysis and Ranking – See how you can easily compare RFP responses on an apples-to-apples basis. Rank by PV, IRR or other variables. You can award the business just by clicking a button.

Calculate Your Potential ROI from Better Equipment Lease Management.

Equipment Lease Performance Demo

Equipment Lease Performance – Demo

By | Demos

Watch a Demo of our Equipment Lease Performance Software

Track Equipment Leases Throughout their Lifecycle and Better Manage End of Term.

In this short, two-minute demo we will show you the key features of LeaseAccelerator’s Equipment Lease Performance module including:

  • Lease Summary – Look up the latest accounting classifications, payment schedule and upcoming end-of-term options for any lease.
  • Lifecycle of the Lease – See a timeline history of all activity associated with a lease. Pull up all the associated documents and e-mails. So you can easily tell who did what and when.
  • End-of-Term – Easily manage the end of term process using our guided workflows. Make sure you fulfill all your contractual obligations to lessors.

Calculate Your Potential ROI from Better Equipment Lease Management.

Lease Accounting Software Demo

Lease Accounting Software – Demo

By | Demos

Watch a Demo of our Lease Accounting Software

Comply with the Current and New FASB ASC 842 and IFRS 16 Lease Accounting Standards.

In this short, two-minute demo learn how you can use LeaseAccelerator’s Lease Accounting Software to:

  • Manage Asset Level Details – For leased equipment including cost centers, equipment owners and serial numbers.
  • Push Journal Entries to ERP – Send credits and debits to SAP or Oracle at a portfolio, schedule or asset level
  • View Lease Accounting Reports – To show cash flow run-off for your portfolio; allocate invoices to cost centers; or view roll-forward reports to analyze all activity within a given accounting period.
  • Comply with New Standards – Understand how to comply with new FASB ASC 842 and IFRS 16 standards along with the existing FASB ASC 840 and IFRS 17 rules.

Our Lease Accounting Software includes

  • Lease classification testing to distinguish between finance leases and operating leases.
  • Multiple ledgers to support the comparative, historical reporting requirements.
  • Journal entries for major lifecycle events throughout the lease including commencement, mid-term and end-of-term.
  • Calculations of monthly expense recognition, payment, principle reduction, short and long term reclassifications.
  • Interfaces of all debits and credits to SAP, Oracle and other General Ledger applications.
  • Hundreds of data attributes can be tracked for each individual asset along with all the judgments, calculations, emails and supporting documentation.
  • Roll Forward, Trial Balance, Future Obligations by Period and Lease Classification Accounting Treatment reports and many more.
  • “Corporate” controlled settings (e.g. Incremental Borrowing Rate, Economic Life) for consistent accounting policies across the organization.

Calculate Your Potential ROI from Better Equipment Lease Management.