Lease approval workflow software that makes leasing management easy.
Manage lease approvals and capital authorization requests by routing details to the appropriate managers.
Lease approval workflow software from CoStar allows accounting teams to control lease data changes and creates an audit trail of change history including the who, what and when of all stages of the approval process.
Lease Approval Workflow Software Highlights and Key Capabilities
- Online approvals and rejections with override ability
- Proactive reminders and notifications of upcoming tasks
- Configurable dynamic forms to track related data
- Integration capability for accounting data
- Integrated document management
Intuitive software, automated reporting, in-house implementation services and support
Supports all types of real estate, equipment and other leased assets for both ASC 842 and IFRS 16 guidance
Cloud-based, low-cost deployment, unlimited system users, no expensive upgrades
CPA tested, industry-leading solution, track record of FASB and IASB compliance, 99% customer renewal rate
Enterprise security with annual SSAE 16 SOC 1 and SOC 2 audits, data encryption, backed by a stable public company
Effective controls and procedures for financial reporting meet Sarbanes-Oxley requirements
Data Consolidation for Lease Accounting Compliance highlights the benefits of centralized lease data, how to approach a consolidation project and more. Find more lease accounting whitepapers in our resources section.
“With CoStar, you can drive business results and meet the new lease accounting requirements. It’s clearly the best all-around choice.”
Matt Waters, CPA
Former Lease Accounting Manager with the Nation’s Largest Home Improvement Retailer