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### Lease Accounting Standards
Users generally appreciate EZLease's lease accounting standards capabilities. The software's ability to streamline lease changes, especially in the context of ASC 842 and IFRS 16, has been highlighted as a significant advantage. However, some users have expressed concerns about the lack of certain features, such as foreign exchange rate options for international leases, which could enhance efficiency. Despite these minor drawbacks, EZLease has proven to be a valuable tool for many organizations navigating the complexities of lease accounting standards.

### Reporting and Compliance
While some users appreciate the ease of use and accuracy of accounting reports in EZLease, others express concerns about the time-consuming nature of running and downloading reports, as well as the need for thorough checks before sending them out. Additionally, users with large portfolios note challenges in managing lease extensions effectively within the system. Despite some positive feedback on the quality of reports and data entry process, there are suggestions for improvements such as the ability to run multiple reports together for efficiency.

### Software Implementation
Users consistently highlight EZLease's software implementation as a standout feature, emphasizing the simplicity and effectiveness of the process. The availability of additional tools to facilitate implementation and the ability to self-implement are particularly appreciated by users. The software's straightforward nature and quick support team responses contribute to a positive experience for users, ensuring a smooth transition into new lease standards. EZLease's ability to consolidate leases into one location and accurately calculate lease data further enhances its software implementation capabilities, garnering praise for its efficiency and user-friendly approach.

### Customer Support and Service
Users have consistently praised EZLease for its efficient and responsive customer support, highlighting the quick resolution of queries and the helpfulness of the support staff. The overall sentiment indicates that EZLease's customer support and service play a significant role in enhancing user experience and satisfaction with the platform. Customers appreciate the ease of communication with the support team and the timely assistance provided, contributing positively to their overall perception of the service.

EZLease has proven to be an invaluable tool for companies seeking to implement ASC 842 compliance without breaking the bank. Users have reported that the software provides a centralized location for all their leases, saving them time and generating accurate reports. With EZLease, companies can easily calculate monthly journal entries, ensuring accuracy while significantly reducing time spent on manual calculations. This has been particularly beneficial for businesses with multiple subsidiaries, as the software helps consolidate leases and streamline operations on a global scale. Moreover, users have praised the software's ability to facilitate a smooth transition into the new lease standard ASC 842 by accurately calculating all their leases. The comprehensive reports generated by EZLease have been particularly useful during annual audits, providing valuable insights into future rents. Although some users have encountered difficulties with lease extensions, overall customer service has been commendable. EZLease has found its niche in small non-public companies, offering ease of use and responsive customer support. Automotive companies engaged in purchase leasebacks have also greatly benefited from the platform, as it saves countless hours of administrative work. EZLease's technical capabilities enable users to account for and report leases correctly without complex calculations. By automating monthly accounting entries and reducing the time required for reconciliations, EZLease has significantly streamlined financial processes for organizations across various industries. What sets EZLease apart is its ability to grow with user companies, requiring minimal training and providing prompt responses to inquiries. In comparison to other software implementations, users find EZLease both more helpful and cost-effective. With features that allow users to track notice dates and accounting information, EZLease eliminates the need for manual paper records and saves valuable time.


Essential

Growth

Premium

Buildium

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Lease Management

Hubble by insightsoftware.com is an integrated suite of business performance management apps for JD Edwards and Oracle E-Business Suite. It offers reporting, analytics and planning in a single real-time solution that fully understands your ERP. Hubble integrates your critical business systems so users at all levels have access to live data extraordinarily fast. With this type of visibility, everyone can easily understand, manage and predict the business.

Lease accounting adoption - market snapshot eBook

EZLease | Lease accounting software overview

EZLease provides fast, simple lease accounting software for ASC 842, GASB 87 and IFRS 16 that ensures long-term compliance across equipment and real estate assets for lessees and lessors. This this video shows you how EZLease manages and automates lease data management and lease accounting and reporting processes. Learn more: https://ezlease.net/?utm_medium=organic_social&utm_source=youtube&utm_campaign=ezl&utm_content=overview

▬▬▬  More videos  ▬▬▬ 
► Subscribe to the @EZLease Youtube channel: https://www.youtube.com/channel/UCvXUPBH-SU1tY5P3bGvyVSg
► All EZLease videos: https://www.youtube.com/channel/UCvXUPBH-SU1tY5P3bGvyVSg/videos

▬▬▬  Social media  ▬▬▬ 
► LinkedIn: https://www.linkedin.com/company/ezlease1
► Twitter: https://twitter.com/EZLease_

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

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What is EZLease?