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Myths and Risks of Using Spreadsheets for
Lease Accounting

Why spreadsheets fall short

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Download eBook to learn the hidden challenges with:

Portfolio management

Data stewardship

Meeting compliance

See where spreadsheets stand when:

Testing the accounting

Handling leasing complexity

Preparing for audit

Myths and Risks Tile

Spreadsheet weaknesses increase risk

Spreadsheets are great tools for data analysis and decision support. However, they’re not designed to manage complex, ongoing business processes like lease accounting. 

While many companies consider the usage of spreadsheets for lease accounting to be simply a function of portfolio size, the accountants and leasing experts at LeaseAccelerator have a simple guideline: a portfolio of a single lease requires an application designed to manage compliance, reporting, operations, and the multi-user complexities of the standards.

From avoiding design flaws, accounting weaknesses and technology gaps, learn why a purpose-built application matters.