Black Owl is a robust lease accounting software solution designed to help businesses manage and comply with lease accounting regulations, particularly the new standards set by the Financial Accounting Standards Board (FASB) and International Financial Reporting Standards (IFRS). This platform simplifies the complex process of tracking leases, calculating lease liabilities, and generating financial statements, ensuring that organizations are fully compliant with the latest accounting requirements. Black Owl allows users to manage both operating and finance leases, track lease payments, and adjust for any changes in lease terms, all while maintaining an audit trail for transparency. With its easy-to-use interface, the software eliminates the need for manual calculations, reducing errors and saving valuable time. Black Owl also provides detailed reporting tools, allowing businesses to generate accurate financial reports and track lease-related expenses efficiently. Ideal for businesses with a portfolio of leases, Black Owl ensures that accounting teams can focus on strategic tasks while maintaining compliance with lease accounting standards.
Black Owl Systems
2020
Canada
24x7 Support
Payment Tracking
