Why choose Prophix One™ for lease accounting
Why choose Prophix One™ for lease accounting
Centralized platform solution to meet your compliance needs
Optimize your lease accounting operations using a single collaborative platform that aligns with key finance processes. All key events affecting lease accounting are documented in one secure location, enabling staff accountants, controllers, and other teams access to important leasing information when needed.
Empower your teams with an easy-to-use solution
Automate important, but repetitive, tasks to make your lease accounting more agile and less burdensome. Boost your team’s efficiency and morale with a user-friendly intuitive solution and quick, effortless onboarding process.
Driving reporting accuracy and data confidence
Finance as we know it is changing
What does the next generation budgeting and planning software look like for the Office of the CFO? Learn how to research, evaluate, and purchase budgeting and planning software. Check out the Ultimate Guide to Next-Gen Finance.
Lease accounting made simple
Conçu pour les responsables financiers
Découvrez Prophix One et libérez votre potentiel de réussite.
Améliorez la précision des données et l'efficacité du reporting pour consacrer plus de temps à vos analyses stratégiques.
Automatisez le rapprochement intra-groupe, la consolidation et le reporting pour réduire le délai de clôture, et gagnez en précision.
Optimisez les rapprochements des comptes intercompagnies pour des clôtures plus rapides et plus précises.
Intégrez facilement la solution à vos différents systèmes pour capturer et partager les données.
Foire aux questions
What is lease accounting software?
Lease accounting software helps organizations comply with lease accounting standards like IFRS 16 and ASC 842 by automating calculations, financial reporting, and disclosures. It centralizes lease data management and offers features for managing lease renewals, modifications, and payments. Additionally, lease accounting software provides tools for multi-entity reporting and maintaining audit trails, ensuring accuracy and compliance in lease accounting.
What are the benefits of using lease accounting software?
Lease accounting software streamlines compliance with complex accounting standards, reducing the risk of errors and ensuring accurate financial reporting. It also enhances efficiency by automating lease management tasks, improving data organization, and supporting strategic decision-making with advanced reporting and analysis tools.
How customizable is lease accounting software?
Lease accounting software is typically customizable to meet the specific needs of different organizations. Users can often tailor data collection, reporting templates, as well as adjust settings for lease classifications, currency management, and multi-entity structures.
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