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RAM Lease Accounting Pricing, Features, Reviews & Comparison of Alternatives

RAM Lease Accounting

Lease accounting software with new standards compliance

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RAM Lease Accounting overview

What is RAM Lease Accounting?

Real Asset Management's lease accounting solution promises greater visibility and compliance over the management of those finance and operating leases linked to balance sheet items. It also supports the new FAS13 (ASC 842) regulations effective from 2019, along with SSAP21 committee standards, IAS 17 and IFRS 16. Record, view and maintain complete leasing details that include lease codes, associated asset codes, descriptions and accrual dates etc. Lease rescheduling is possible, payment plans can be user-defined to meet diverse arrangements, while the software supports custom interest calculation methods.

Lease accounting features also integrate with asset histories, depreciation, fixed register and amortization. Control capabilities then add Business Activity Monitoring tools, reacting to lease break clauses, expirations and renewals by sending email notifications and automatic alerts. This feedback is enhanced by reporting and forecasting facilities that promise deeper analysis of historical, current and future expenditure levels. Suites of standard reports are augmented by user-defined options, with the ability to filter data via user-defined fields.
www.realassetmgt.com.au

Pricing

Starting from
$7000
Pricing options
Subscription
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States

Supported languages

English

RAM Lease Accounting reviews

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RAM Lease Accounting pricing

Starting from
$7000
Pricing options
Subscription
View Pricing Plans

Full product information and pricing details can be requested via website.

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RAM Lease Accounting features

Activity Tracking
Audit Trail
Auditing
Monitoring
Reporting & Statistics

API (744 other apps)
Activity Dashboard (669 other apps)
Automatic Notifications (559 other apps)
Billing & Invoicing (335 other apps)
Compliance Management (446 other apps)
Customizable Reporting (442 other apps)
Data Import/Export (422 other apps)
Document Management (381 other apps)
Document Storage (348 other apps)
Inventory Management (496 other apps)
Inventory Tracking (373 other apps)
Real Time Data (368 other apps)
Real Time Reporting (320 other apps)
Third Party Integration (502 other apps)
Workflow Management (476 other apps)

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Categories

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Additional information for RAM Lease Accounting

Key features of RAM Lease Accounting

  • Barcoding / RFID
  • Search / filter
  • Inventory overview
  • Stock inquiries
  • Lease accounting
  • Payment scheduling
  • Lease adjustment
  • Lease payments
  • Audit trail
  • Historical audit
  • Email notifications
  • Fixed asset management
  • Forecasting
  • Obligation management
  • Government compliance
  • Report alerts
  • Business activity monitoring
  • Filtered views
  • Reporting
View All Features

Benefits

RAM Lease Accounting is a software system that supports comprehensive analysis of financial and operational lease obligations to provide greater visibility over the management process.

RAM Lease Accounting is compliant with the latest FAS 13 (ASC 842) and IFRS 16 lease accounting rules, coming into effect from January 1st 2019.

Record full leasing details with the ability to add, review, edit and maintain information, define custom payment plans, reschedule lease arrangements and perform multiple calculation types.

Business Activity Monitoring tracks key events and reacts to send notifications, while flagging up lease payments in advance or those that have been allowed to lapse into arrears.

Reporting and forecasting capabilities allow for detailed analysis of obligations, commitments and more, with standard options joined by the ability to generate user-defined reports.