provision patent Archives

SOC 1, Type 2 Certification!

January 14, 2019May 14, 2019
by Kelly Herrera

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 standards.

As companies begin looking for solutions to the FASB/IASB accounting changes it is imperative to have transparency for cloud-based service providers’ internal controls over financial reporting. Completing the SOC 1, Type 2 certification shows our commitment as your trusted partner for financial reporting.

The largest commercial real estate brokerage firms and leading corporations around the globe use LeaseCalcs to improve their business processes, financial performance and market intelligence. To learn more about LeaseCalcs visit www.leasecalcs.com and follow on Twitter at www.twitter.com/leasecalcs.

To learn more, feel free to schedule a demo, or watch the fast paced eight-minute overview of the Corporate Edition of LeaseCalcs.

WATCH THE VIDEO

Uncategorized

Patent Not Pending!

September 1, 2017January 14, 2019
by Marc Maiona

Exciting news from LeaseCalcs: after several years of effort, the US Patent & Trademark Office agreed that one of the original ideas behind LeaseCalcs’ success was so unique we have been awarded a patent.

It all started from the idea you could take the effort and data associated with running a lease analysis, or generating a firm’s lease accounting, or administering leases, and repurpose it to create highly accurate lease comps and benchmarking data. That data could then be aggregated and anonymized across divergent users to deliver unparalleled commercial real estate market insights. Before LeaseCalcs, the idea of repurposing all of that data to drive the most comprehensive and accurate lease “comps” and market insights in the industry simply did not exist. Today, it is reality.

We are beyond grateful for the validation and support

Today, LeaseCalcs‘ patented software application is providing lease analysis, lease accounting, lease administration and market insights to every major brokerage firm and scores of the biggest global companies – with more and more subscribing each month. We are incredibly grateful for all the support and validation our clients continue to provide as we grow.

What comes next at LeaseCalcs?

Additional patents are still pending, while new features and capabilities are continually being added to both the Broker and Corporate Editions of LeaseCalcs. Stay tuned – we have more exciting news coming your way!

“My client’s CFO just told me one of the best things we did in the transaction was to provide him with a LeaseCalcs analysis – he said the accounting treatment was perfect for his use.”

Scott Collier, Managing Director | JLL

“LeaseCalcs allowed us to consolidate all of our real estate and lease accounting tools into one application, saving us four times the cost of the subscription.”

Corporate Real Estate Director | Fortune 100 Financial Institution