Black Owl 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.
Black Owl Alternatives
Visual Lease
Visual Lease is the most popular lease accounting and management software. It simplifies compliance with ASC 842 and IFRS 16. Visual Lease's powerful platform is built with years of embedded knowledge, including from top lease experts and CPAs. It can support any size or type lease portfolio. Visual Lease is committed to providing top-notch customer service and offers in-house training, implementation, and support.
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ZenTreasury
ZenTreasury is a modern cloud-based platform designed to simplify IFRS 16 lease accounting and streamline treasury operations in a single, easy-to-use system. It is ideal for companies managing anything from a few to several thousand leases, offering a scalable and secure environment to automate key processes and eliminate spreadsheet risk.
The lease accounting module supports full IFRS 16 compliance, including automated lease classification, reassessments, modifications, termination handling, and journal entry creation. ZenTreasury generates accurate disclosure reports and supports multi-currency, multi-entity structures, cost center allocations, and role-based access control. Built-in audit trails ensure transparency and external audit readiness.
In addition to lease accounting, ZenTreasury includes powerful treasury tools for managing financial instruments such as internal and external loans, FX contracts, guarantees, letters of credit, and interest rate derivatives. The platform also provides features for cash forecasting, liquidity planning, and automated treasury accounting.
ZenTreasury integrates easily with core business systems, enabling seamless data flow and process automation. It is hosted on secure, enterprise-grade cloud infrastructure and supports fast onboarding, enabling teams to go live quickly without long implementation projects.
Trusted by enterprises globally, ZenTreasury empowers finance teams with visibility, compliance, and control in both lease and debt management. Whether you are replacing spreadsheets or upgrading from a legacy system, ZenTreasury delivers the automation and structure needed to modernize your financial operations.
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Portfolio Manager
Blue Sky's "Portfolio Manager" Lease Management Software is an easy to learn and use SaaS solution for centralized management of lease contracts. By managing your lease contracts and associated maintenance contracts throughout the entire lifecycle you can strengthen the audit process, reduce costs, increase cash flows and mitigate risk with centralized visibility that drives enterprise value. Portfolio Manager provides complete status management for running leasing RFP's, tracking status, notes, documents and next steps for every open project. Flat file data imports allow for efficient data entry. Fully customizable with robust reporting capabilities. The report writer allows every data field to be exported to excel. Pre-built templates are available to feed most ASC842 lease accounting software templates. End of lease term management is automated with custom parameters and automatic notifications to ensure you never miss an end of lease term notification. Custom Programming available.
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iLeasePro
iLeasePro is an intuitive, cost-effective, and accurate cloud solution that simplifies the transition to and on-going Lease Accounting under the ASC 842 Standard for Lessees. Our cloud-based SaaS solution accounts for Operating, Finance and Short-Term leases to ensure accurate compliance with ASC 842 Standard. With iLeasePro, you can easily generate the amortization schedule, journal entries and financial disclosure reports required by auditors.
iLeasePro integrates with several accounting solutions to offer seamless uploading of journal entries into your general ledger.
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Integrations
No Integrations at this time
Company Details
Company:
Black Owl Systems
Year Founded:
2019
Headquarters:
Canada
Website:
www.blackowlsystems.com
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Product Details
Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
In Person
Customer Support
Business Hours
Online Support
Black Owl Features and Options
Lease Accounting Software
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 Software
Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database
Black Owl User Reviews
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