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iLeasePro Partners with Zeal CRE for One-Stop ASC 842 Solution

John Meedzan


Beverly, MA - iLease Management LLC, developer of the iLeasePro ASC 842 Lease Accounting solution, announced a strategic partnership with Zeal CRE to provide a one stop ASC 842 lease accounting and lease administrative solution for mid-market companies.


"iLeasePro offers an uncomplicated approach to lease accounting for lessees and tenants of real estate and equipment leases.   The tool provides mid-market companies the ability to comply with the FASB ASC 842 Lease Accounting Standard changes.”, says John Meedzan, Managing Partner of iLease Management LLC. "Introducing this strategic partnership with Zeal will offer companies not only the ability to comply with this standard but also the added lease abstracting and lease administration services that may be needed - a one-stop shop for ASC 842 lease accounting".


The new partnership will bring new capabilities to companies, including:


  • ASC 842 Lease Accounting

  • Lease Abstraction

  • Lease Administration

  • Training and Certifications

About iLeasePro: iLease Management LLC, founded in 2012, is in the business of making it easier for firms to manage the lease lifecycle of real estate and equipment leases. iLease is the developer of iLeasePro, a cost-effective, intuitive and accurate SaaS lease accounting solution that brings transparency, information sharing capabilities and efficiency to the lease portfolio of lessees.  iLeasePro simplifies the adoption and transition to the FASB ASC 842 Lease Accounting Standard for lessees.


About Zeal CRE: Zeal CRE Services is a leading full suite Lease Abstraction and Lease Administration service provider. We are a one-stop solution for all Lease Management related services. Our Commercial Real Estate services include Lease Abstraction, Lease Administration, Lease Accounting, Property Due Diligence, Document Management, and all ancillary services thereto. We are proficient in almost all of the Lease Administration platforms and experienced in abstracting all types of Leases. We have 13+ years of experience in the industry. We are a trusted partner for leading commercial real estate service providers, Occupier service companies, large retailers, REITs, and property owners/managers, seeking a full suite of Lease Services.




Related: iLeasePro Free Trial, iLeaseXpress, iLeaseXpress Unlimited, ASC 842 Financial Reporting, ASC 842 Balance Sheet Reporting, ASC 842 Income Statement Reporting, ASC 842 Cash Flow Reporting, ASC 842 Statement of Shareholder Equity, ASC 842 Disclosure Notes, ASC 842 Management Discussion, ASC 842 Comprehensive Income, ASC 842 Glossary of Terms, ASC 842 Journal Entries, ASC 842 Software, When Is the ASC 842 Compliance Date, FASB Lease Accounting Software, Understanding the New FASB ASC 842 Lease Accounting Standard, How Does a Lease Balance Sheet Change After the New Standard?, Tracking Lease Details After ASC 842, Deferred Rent Explained Under the ASC 842, Guide to Lease Classification, Overview of Relevant Borrowing Rate, ASC 842 Footnote Disclosure, Lease Accounting, What Does Lease Accounting Software Do?, Key Features of A Lease Accounting Software, How to Never Miss Important Lease Dates, Scaling Your Lease Accounting Software to Your Business Needs, How to Select the Right Lease Solution, How to Set Up Lease Accounting Software, What is the Best Lease Accounting Software?, Overview of the Types of Leases, Equipment Lease Software, How the Right Lease Management Software Makes Equipment Leases Easier, Lease Tracking Software, How The Right Software Can Help You Manage Lease Data, Five Benefits of a SaaS Lease Management Solution, A Centralized Lease Portfolio Making Asset Management Easier, Lease Analysis 101, Lease Analysis: The Financial Metrics, Lease Abstraction, The Importance of Lease Abstraction for Lessees, The Lease Data an Abstract Should Include, What Software Do I Need for Lease Abstracting?, Navigating The ASC 842 Accounting Audit, Ultimate Lease Accounting Audit Checklist, Essential Guide To Engaging Auditors, Leveraging AI for Enhanced Year-End Audits Transitioning to the ASC 842 Standard Lease Document Management ASC 842 Short-Term Leases Practical Expedients Lease Modifications & Remeasurements Lease Variable Payments Embedded Leases Monitoring Critical Lease Dates Transportation - Navigate the ASC 842 The Impact of the ASC 842 on Regulatory Policies in Lease Management & Lease Accounting Integrating Lease Accounting into Your Month-End Closing Process The Modified Retrospective Approach in ASC 842 Determining the Incremental Borrowing Rate