Additional information for iLeasePro
Key features of iLeasePro
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- ASC 842 Disclosure Reporting
- ASC 842 Lease Accounting
- Centralized Lease Portfolio Management
- Cloud-based SaaS solution
- Critical Date Notifications
- Document Management
- FASB Lease Classification Wizard
- Highly Customizable and Scalable
- Intuitive / Easy to Use Interface
- Lease Management
- Standard Reports
- Unlimited Users
FASB ASC 842 Lease Accounting Compliance. iLeasePro provides lessees the ability to automatically create the ROU journal entries and the Financial Disclosure Reporting to comply with the changes to the FASB Lease Accounting standards.
No Contract Required. Monthly subscription with no contract required. The iLeasePro cloud-based infrastructure allows our subscribers to leverage a state of the art technology with less capital expense by reducing spending on technology infrastructure, software, system backup and data recovery and labor costs associated with IT.
Unlimited Number of Users. Every subscription plan offers full access to your entire organization (not just a single user).
Rapid Implementation and Setup. Rapidly deploy and integrate across your organization. No upfront infrastructure acquisitions or planning required. Customizable setup with intuitive online help and training.
Centralized Lease Portfolio. iLeasePro offer the ability for you to harmonize disparate lease information into one comprehensive lease portfolio by centralizing lease data in a single repository. This functionality increases access, visibility, and traceability of critical lease related data including lifecycle dates, lease asset expenses, contractual documentation and accountable resources.
Highly Customizable and Scalable. Customize iLeasePro with context that your company understands to streamline business processes to allow your business to increase productivity and accuracy of information. iLeasePro's SaaS model offers scalability as your business grows.
Secure access from anywhere. iLeasePro offers you and your team 24/7/365 web-enabled access through secure user and password authentication and entitlement process to ensure secure accessibility to your critical lease data using any Internet connection and browser or Mobile device.
Superior audit and data verification. Superior audit and data verification features have been incorporated into the development of iLeasePro. Data changes are captured and time stamped to allow for after the fact audit and review. Reports can be archived and saved so that critical historical information is readily accessible.