What is EZLease and how does it work? EZLease is a powerful tool that simplifies lease accounting and management, giving businesses more control and visibility over their leasing operations. With EZLease, users can easily connect their leases to general ledger accounts, establish policies and controls, and choose a fiscal calendar that suits their needs. The self-service bulk import feature makes it quick and simple to load and validate leases, ensuring accurate and compliant lease accounting according to ASC 842, IFRS 16, GASB 87, and previous standards. EZLease also includes built-in classification and governance for added confidence and control in lease accounting processes. Users have access to 15 pre-built reports and can follow step-by-step workflows for the lease accounting close process. Additionally, EZLease offers data exports that are compatible with ERP systems, ensuring smooth synchronization with other processes and systems. In summary, EZLease is a comprehensive solution that streamlines lease accounting and management, giving businesses the tools they need to confidently manage leases and focus on their strategic objectives.
