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Automate lease accounting compliance

An accounting solution built for accounting standards, ASC 842 and IFRS 16

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Lease accounting benefits at T-Mobile

In this on-demand webinar Lora Tarabeih, Director of Accounting – Assets and Lease Accounting at T-Mobile, discusses the shortcomings of using a lease administration solution for compliance and why they selected the Aptitude Lease Accounting Engine (ALAE) over 16 other vendor solutions. She also discusses the significant business benefits, including the reduction of lease processing time from 22 days to 3 hours.

Watch the on-demand session

Processing power and scalability
Address high lease volumes and apply built-in accounting rules to handle complex lease types
Revenue recognition and leasing integration
Easily integrate a revenue recognition solution to address contracts with both revenue and leasing requirements
Lessee and Lessor capabilities
Address lessor accounting requirements out of the box
Improve business performance
Better business insights and robust scenario modeling to understand the impact of leases on financial statements

Lease Accounting Solution (IFRS 16 & ASC 842)

Automate lease accounting to increase efficiency and drive down costs
ALAE is flexible, highly configurable, and integrates seamlessly with existing systems, finance workflows, and surrounding architecture. It handles a wide range of complex lease accounting scenarios for both lessees and lessors, providing consistent, consolidated reporting, full visibility, and control over lease accounting.
Solving for the intersection of revenue recognition and lease accounting
ALAE can be used together with RevStream, Aptitude's revenue recognition and revenue management solution, to solve for the interdependent regulations IFRS 16/ASC 842 and IFRS 15/ASC 606. Automate and de-risk compliance with an integrated solution.
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