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Test denomination : Peoplesoft Enterprise 9 generic Ledger
Vendor denomination : Oracle
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RESTON, Va., April 12, 2018 /PRNewswire/ -- LeaseAccelerator, the pioneer of the commerce lease Accounting software class, introduced these days that ten new Oracle-centric agencies hold chosen its SaaS software to comply with the new ASC 842 and IFRS 16 necessities. currently used by Arconic, Alcoa, ATI, Cummins, Herbalife and Salesforce.com, LeaseAccelerator helps precise property, device and embedded leases in a single, world subledger. The subledger can breathe straight away, readily and securely integrated to 1 or many types of Oracle's ERP platforms, together with Oracle E-company Suite, PeopleSoft, JD Edwards and their new Fusion applications.
LeaseAccelerator's commerce rent Accounting reply for Oracle makes it practicable for companies to unexpectedly comply with the brand new ASC 842 and IFRS sixteen requisites. the usage of LeaseAccelerator's common APIs, speedy-track playbooks and plug-and-play adapters, information will likewise breathe seamlessly exchanged with Oracle's chummy ledger, accounts payable, fixed asset and grasp statistics administration purposes.
at the rise launched in 2009 to aid ASC 840 and IAS 17, LeaseAccelerator's commercial enterprise hire Accounting utility has been used by using Oracle valued clientele for essentially a decade to track capital and working leases under the current requirements. due to this fact, LeaseAccelerator's asset-stage hire accounting capabilities had been combat-confirmed through the month-to-month record-to-record cycles of many Fortune 500 corporations, withstanding the scrutiny of many major and SOX audits.
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About LeaseAcceleratorLeaseAccelerator presents the market-main application-as-a-provider (SaaS) solution for commerce rent Accounting, enabling compliance with the current and new FASB and IFRS requirements. using LeaseAccelerator's proprietary international hire Accounting Engine, consumers can exercise the brand new standards to All types of leases, including actual estate, fleet, IT and other gadget at an asset stage as divorce through FASB and IASB. On commonplace, LeaseAccelerator's Sourcing and management applications generate rate reductions of 17 p.c with smarter procurement and end-of-time era management, providing each compliance and ROI. breathe taught greater at http://www.leaseaccelerator.com/.
View accustomed content with multimedia:http://www.prnewswire.com/news-releases/leaseaccelerator-chosen-by-ten-new-oracle-centric-businesses-for-asc-842-compliance-300628660.html
Copyright (C) 2018 PR Newswire. All rights reserved
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