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Crowe LLP
Program Name:
Crowe Lease Accounting Optimizer
Type:
A complete, end-to-end ERP solution for Equipment Lessors
Description:
Designed by accounting and technology professionals, Crowe Lease Accounting Optimizer allows companies to comply with the FASB ASC 842 and IASB IFRS 16 regulations and automate the financial transactions associated with their leases directly within their ERP solution.
In addition to a complete ERP solution, the application supports specific requirements related to lease accounting, including:
Automation reduces manual error
o Automatic calculation of key schedules such as lease payment, lease liability amortization, and asset depreciation
o Automatic classification of leases for ASC 842 and IFRS 16 purposes
o Automatic generation of journal entries for the lease recognition, invoicing, interest and depreciation
Make faster decisions with a single view of the business
o Complete lease information management such as commencement date, renewal and transfer of ownership options
o Cash-flow forecast management
o Balance sheet-sheet impact calculator
o Contract document management
Reduce risk with embedded audit controls over lease data
o Improve customer service with customer lifecycle management tools
o Real-time executive visibility using embedded dashboards
o Empower employees to make decisions with access on any device, anywhere
o Eliminate missed opportunities caused by disconnected systems and silos of information
Recent Enhancements:
Crowe Lease Accounting Optimizer is built using Microsoft Dynamics 365, which provides industry leading ERP functionality to provide complete financial management in addition to lease accounting with no need to import or integrate journal entries.
System Configuration:
Built on Microsoft Dynamics 365 Finance and Operations, Microsoft’s leading ERP platform.
Comments:
For additional information, please view the solution on Microsoft AppSource.
Vendor:
Crowe LLP
225 W Wacker Dr
Ste. 2600
Chicago, IL 60606USA
Web Site: https://www.crowe.com/services/performance-consulting/erp/crowe-apps/lease-accounting-optimizer
Contact:
Jemina Boyd
Phone:
(312) 899-7000
Email: jemina.boyd@crowe.com
Social Media:
Other ways to connect with Crowe LLP:
