Exciting news from LeaseCalcs: SOC 1, Type 2 Certification Irvine, CA – LeaseCalcs, Inc. is an enterprise-class Software-as-a-Service (SaaS) patented lease analysis, accounting – including the FASB & IASB’s new lease accounting standards – administration, market insights and business intelligence application for commercial real estate, finance, accounting professionals and C-Suite executives. With a focus on commercial real estate and equipment leases LeaseCalcs is the only application that can take you from contemplation of a lease “deal” to the expiration keeping track of all the revisions, amendments, reassessments, journal entries and keeping the accounting accurate for both current standards and new
If you build it, they will come. But if you build it well, they will stay. As 2019 begins, a quick reflection on 2018, with thanks to our clients, partners and supporters who helped us achieve great things in 2018. Some highlights: 100% renewal rate for Lease Accounting & Admin clients Higher year-over-year revenue per subscriber A 3X increase in annual revenues (well, a hair shy of 3X, but who’s counting.) Over 90% of new subscribers – like those in the graphic – were referred to LeaseCalcs by another client or one of the big global accounting firms. LeaseCalcs began
If your company or your client is using an older lease administration program, you might have already heard the distress calls. You see, a lot of companies are just learning that their leases – and their lease accounting project – are trapped in the harbor. Their existing system won’t – or can’t – help them get into compliance with the new lease accounting standards. With less than seven months before the new standards take effect for public companies, LeaseCalcs is like the Coast Guard for these firms. We have successfully migrated other clients off of all of the other major