Leasestandards
Leasestandards is a company that provides software solutions for lease accounting and management. The company's platform is designed to help businesses comply with accounting standards such as ASC 842 and IFRS 16, which require companies to recognize leases on their balance sheets. Leasestandards' software automates the process of lease data collection, calculation, and reporting, aiming to reduce errors and streamline compliance efforts.
The platform typically offers features like lease abstraction, which involves extracting key terms from lease agreements,