Stay Informed
iLeasePro Newsletter

Expert Knowledge to Your Inbox - SignUp Now!

iLeasePro: Empowering the Middle Market with Technology

The October 6, 2015 edition of the Wall Street Journal contained a Journal Report dealing with the biggest opportunities and threats that Middle Market companies face. In what may be surprising to many, the WSJ defines Midsize Companies as those that have revenues between $10 million and $1 billion (these are companies of substantial size and one of the fastest growing sectors in the economy). One of the articles in the Journal Report was a panel discussion on Big Data and how Middle Market companies can effectively use Big Data. One of the panelists made the point that any Big Data project should begin with a clear delineation of business challenges, business opportunities that might be available and how Big Data can assist in helping to deal with these challenges and capitalize on the business opportunities. In other words, how does one use Big Data to change the way things are done and get new results and better decision-making?  The same article contained the results of a survey of Middle Market executives which indicated that more than one-half of the respondents considered use of Cloud Computing to provide anytime, anywhere data and applications access as an extremely valuable Big Data tool. So one might ask – what does all of this have to do with a Middle Market company that has a portfolio of leased assets that must be analyzed, managed and accounted for? The answer refers back to the points made in the previous paragraph. Are you using the most advanced technology to manage this portfolio and provide your employees the tools to maximize efficiency? At iLeasePro, we developed our lease technology solution in the Cloud so that we could allow for easy data access, anywhere throughout the organization in a cost efficient manner. And our application is specifically developed and targeted for the Middle Market Company. No more spreadsheets, no more file cabinets with critical documents. All the information that one needs, including critical date alerts, document management, contact management and new lease accounting compliance is imbedded in the technology and is made readily available. Plus, in our Lease Analysis tool, one has the ability to analyze potential transactions and make the most appropriate decision for the organization.  Isn’t this what Big Data is all about?



Try iLeasePro for free right now!!




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