What needs to happen?The new Lease Accounting Standards US GAAP ASC 842/ IFRS 16 will affect global corporations as $2.8 trillion worth of assets will need to be put on the balance sheet. This will require massive amounts of time, money and resources to be compliant.
What should you do?Use our algorithms to quickly find the information you need. We leverage Artificial Intelligence to automatically extract and structure data from your lease files.
Let our technology save you time & cost.
How to simplify your transition
Compile global leases in more than 20 languages in one platform.
Save up to 75% time & cost on lease review. Relevant information is extracted automatically.
Feed into your
Ensure complete and up-to-date information in your ERP system. Prepare your balance sheet.
What our partners say
Head of LoB Real Estate
LEVERTON’s machine learning technology is a perfect match for our new corporate real estate and leasing solutions making the transition for IFRS 16/ FASB ASC 842 an easy success for our customers.
With automated extraction of lease file data, LEVERTON offers an excellent solution to the new IFRS 16/FASB ASC 842 accounting standards to significantly simplify your transition.