Since the release of new lease accounting standards ASC 842 and IFRS 16 in 2018, companies have taken a variety of approaches to comply, but many are now aiming to optimize their lease accounting processes for efficiency and long-term manageability. It is becoming clear that standalone software and offline spreadsheets cannot provide the level of financial integration needed to go the distance for supporting a robust Comply, Optimize, and Transform journey.

As leasing arrangements continue to become more diverse and entail complex cross-integration requirements for managing leases within bundled Digital Solutions Economy offerings, it is increasingly important for lessor companies to have a comprehensive understanding of the compliance issues both for lessor accounting under ASC 842 and revenue recognition under ASC 606.

Watch our recently recorded webinar titled Lessor Accounting and Automated Revenue Management (ARM) are Key for Supporting New Business Models

Lessor accounting, along with integrated revenue management, are becoming more critical with the adoption of the Digital Solutions Economy (DSE) by many companies.  It is no longer a viable approach to try using standalone or offline lease accounting methods because the lack of integration with revenue and other accounting processes is too cumbersome to scale or adapt for new models.

Learn how to seamlessly execute full lessor accounting transactions including full accounting for sales type leasing, operating type leases and a decision tool that assists users with evaluating between the two types of leases. 

Watch Now!

Discover the power of SAP for Lessors through the convergence of Revenue Recognition and Lease Accounting.  Is a lease out a Revenue Accounting or Lease Accounting Challenge - it is both! And only SAP and Bramasol can bring you an integrated solution that brings together both of these areas in a seamless way.