iLease Management LLC, (“iLease”) the provider of the iLeasePro cloud-based lease management and lease accounting solution, is excited to announce the launch of a significant enhancement to its integration with Sage Intacct, the best-in-class cloud financial management system. This upgrade represents a major step forward in continuing to simplify the lease accounting processes for businesses of all sizes, offering unprecedented efficiency... Continue Reading →
iLeasePro Completes SOC 1 Type 1 Certification, Demonstrating Commitment to Data Security and Compliance
We are excited to share that iLease Management LLC has completed the SOC 1 Type certification. iLeasePro, a premier ASC 842 lease accounting and management solution provider for mid-size and small companies, proudly announces its achievement of the SOC 1 Type 1 certification. Endorsed by the American Institute of Certified Public Accountants (AICPA), this certification... Continue Reading →
iLeasePro Releases Auth0 for Enhanced Security and User Experience
iLease Management LLC (“iLease”), a leading provider of the iLeasePro ASC 842 lease accounting and lease management solution, announced today a significant security enhancement to its iLeasePro platform. iLease released a new security feature integrating Auth0 to streamline the authentication process and further enhance data security for its users. In its relentless pursuit to continue... Continue Reading →
Simplify ASC 842 Compliance Support with iLeasePro for CPAs
iLeasePro released a new feature for CPA, Advisory, and Consulting firms to manage and support multiple clients transition and adoption to the ASC 842 Lease Accounting Standard at the click of a button.
iLeasePro announces partnership with Zeal CRE to provide a one-stop ASC 842 Lease Accounting solution
Beverly, MA - iLease Management LLC, developer of the iLeasePro ASC 842 Lease Accounting solution, announced a strategic partnership with Zeal CRE to provide a one stop ASC 842 lease accounting and lease administrative solution for mid-market companies. "iLeasePro offers an uncomplicated approach to lease accounting for lessees and tenants of real estate and equipment... Continue Reading →
iLeasePro Partners with Acumatica to Deliver an Integrated ASC 842 Lease Accounting Solution
Acumatica customers will now have access to an intuitive, cost-effective lease accounting solution that will simply the transition to the FASB ASC 842 standard BEVERLY, Mass.--(BUSINESS WIRE)--iLease Management LLC (“iLease”), developer of the iLeasePro, the cloud-based ASC 842 Lease Accounting solution announced today it has joined the Acumatica Development Network. “With this exciting partnership, Acumatica... Continue Reading →
iLeasePro announces partnership with JMT Consulting to provide ASC 842 Lease Accounting to the Non-Profit Community
JMT Consulting partners with iLeasePro to provide a cloud-based ASC 842 lease accounting and management technology solution to nonprofits. Nashville, TN: JMT Consulting today announced a new partnership with iLeasePro. This new partnership will give JMT’s clients access to a cloud-based lease accounting and management technology solution. John Meedzan, Managing Partner, said, “Prompted by the... Continue Reading →
iLeaseXpress Receives Honorable Mention in the 2022 Accounting Today Top Accounting Products
We are thrilled to announce that iLeaseXpress, the cloud-based lease accounting solution from iLease Management LLC, has been recognized with an Honorable Mention in the Lease Accounting Tools category as part of the prestigious 2022 Top Accounting Products by Accounting Today. This accolade is a testament to our commitment to providing top-notch solutions to companies... Continue Reading →
What Can a CPA Firm’s Clients Expect From Software Implementation?
Understand ASC 842: The first step, which is the most challenging, is understanding the requirements of ASC 842. It is a radical departure from past practice. Clients must grasp changes in the definition of a lease, lease payments, initial direct costs, lease term, discount rates, and allocation of consideration to lease and non-lease components. Lease... Continue Reading →
Introducing iLeaseXpress: Your Affordable ASC 842 Solution
Navigating the complexities of the ASC 842 lease accounting standard can be a daunting task, especially for private companies with smaller lease portfolios. That's where iLeaseXpress comes to the rescue, offering a user-friendly, cloud-based lease accounting solution designed specifically for these organizations. Tailored for Private Companies: iLeaseXpress is tailored to meet the needs of... Continue Reading →
Sage Intacct & iLeasePro Announce Major Integration Enhancement
iLease Management LLC (“iLease”), developer of iLeasePro, an enterprise cloud-based Lease Management and Accounting solution, has announced a major step forward in its strategic partnership and integration with Sage Intacct, a leader in cloud-based financial management and accounting software. iLease has released the capability to take advantage of Sage Intacct’s dimension feature to seamlessly track... Continue Reading →
iLeasePro Adds Subsidiary / Operating Entity Capabilities
The Subsidiary function within iLeasePro offers a powerful solution for corporations with complex organizational structures, encompassing multiple subsidiaries. This feature streamlines lease portfolio management by enabling the centralization of all lease data on a single iLeasePro platform, regardless of how many subsidiaries are involved. One of the key advantages of this function comes into play... Continue Reading →
iLeasePro’s FASB & IASB Lease Accounting Changes LinkedIn Group Continues to Grow
The growth and engagement in the LinkedIn group, "FASB and IASB Lease Accounting Changes," is indeed a testament to the increasing awareness and significance of lease accounting changes. With nearly 500 members actively participating in discussions, the group has evolved into a vibrant hub for professionals looking to navigate the complexities of these accounting standards... Continue Reading →
Middle Market, Technology & iLeasePro
The October 6, 2015 edition of the Wall Street Journal contained a Journal Report dealing with the biggest opportunities and threats that Middle Market companies face. In what may be surprising to many, the WSJ defines Midsize Companies as those that have revenues between $10 million and $1 billion (these are companies of substantial size... Continue Reading →
Technology Performance Attributes
Most measures of productivity are presented in the form of Key Performance Indicators (“KPIs”). However, we at ILeasePro believe that there are other performance attributes which may not be quantifiable in the sense of KPIs but are equally important to consider in making a selection of a technology solution. When we designed iLeasePro, we considered... Continue Reading →
Effective Use of Technology For Lease Management
Lessees often underestimate the transformative power of technology when it comes to effectively managing their lease portfolios. Within the complex landscape of lease agreements, there are frequently option features and triggering events buried in the fine print that demand vigilant monitoring. Relying on outdated methods such as Excel spreadsheets or paper files stashes in cabinets... Continue Reading →
iLeasePro Beta Version Now Available
iLease Management LLC is pleased to announce it has released the Beta version of iLeasePro. iLeasePro is a SaaS Lease Management and Lease Accounting solution in the Cloud specifically developed for Lessees or Tenants of Real Estate and Equipment leases. iLeasePro has been developed by experienced real estate and accounting professionals not only to address the upcoming FASB... Continue Reading →
iLeasePro’s Lease Analysis Capabilities
In planning the development of iLeasePro, it was particularly important that our technology users have a comprehensive technology tool that provides the ability to evaluate, manage and account for leasing transactions. That is why the Core Functionality of iLeasePro is broken down into three components that are fully integrated within one technology: Lease Analysis; Lease... Continue Reading →