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Description
Black Owl assists finance leaders in public and private companies to reduce compliance risks with ASC 842/IFRS 16 and save money by allowing them to complete lease accounting more quickly and accurately. Our system was built from the ground up to make it as easy as possible. There are no extra steps or clicks, but the system is comprehensive and complete. This will allow you to manage your leases efficiently and comply with IFRS and US GAAP. Our solution is designed to be compliant with leading accounting practices and financial reporting standards. However, it allows you to record and reconcile all lease entries and adjustments. You are currently tracking leases using Excel. You want a more robust and easy-to-use lease accounting system. We can help you streamline your existing lease accounting system and reduce compliance costs.
Description
Catsoft Leasecat is a comprehensive lease management application designed to facilitate the generation of reports and execute lease calculations from the viewpoints of both lessees and lessors, covering finance leases, operating leases, and hire purchases. Users can maintain a register of lease specifics for these categories, whether they are the lessee or the lessor. The reporting features encompass cash flow analysis, lease interest rates, lease terminations, and journal entry summaries. Additionally, the software offers the option for lessees to sub-lease all or part of a leased asset to another party. It includes customizable settings for interest charge methods and amortization techniques. A built-in report writer empowers users to generate tailored reports with selectable fields. The program also automatically determines the interest rate implicit in lease agreements. Furthermore, lessees have the ability to input an estimated interest rate, which can adjust the fair value, or they can receive suggested alternative rental payment options. This makes Leasecat an invaluable tool for managing various lease agreements effectively.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Black Owl Systems
Founded
2019
Country
Canada
Website
www.blackowlsystems.com
Vendor Details
Company Name
Catsoft
Country
United States
Website
www.catsoft.com.au/leasecat/
Product Features
Lease Accounting
Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management
Lease Management
Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database
Product Features
Lease Management
Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database