The Most Complete
Lease Accounting Software. Period.

Simplify Compliance.
Meet Deadlines With
Ease.
No Manual Journal Entries.
For Anything.
- No more deferring adjustments – complete any change in less than a minute.
- Pull journal entries and disclosure reports in seconds regardless of the number of leases.
- Integrates with any ERP or financial system for consistent data management and workflow.

Month End in Minutes.
- Finish your lease accounting at the end of the month in just minutes.
- Engage with our team to experience how quick and efficient your month-end close can be.

One System. Unlimited Scalability.
- No matter if you handle a few leases or a large portfolio, small business or large enterprise, our lease accounting software fits your needs.
- Our easy-to-use platform streamlines your lease accounting.

Out-of-the-Box Reporting
Generate journal entries and reports in seconds.
Disclosure Reporting
- Asset Continuity
- Liability Maturity Analysis
- Expense Income
- Cash Flows
- Weighted Average (ASC 842 Only)
- Receivable Maturity Analysis
Management Reporting
- Account Balance by Lease
- Vendor Reconciliation
- Liability Continuity
- Cash Flow
- Maturity Analysis
- Roll Forward by Companies
Lease Administration
- Custom Attributes
- Customizable Reports
- Notifications and Reminders
Disclosure Reporting
- Asset Continuity
- Liability Maturity Analysis
- Expense Income
- Cash Flows
- Weighted Average (ASC 842 Only)
- Receivable Maturity Analysis
Management Reporting
- Account Balance by Lease
- Vendor Reconciliation
- Liability Continuity
- Cash Flow
- Maturity Analysis
- Roll Forward by Companies
Lease Administration
- Custom Attributes
- Customizable Reports
- Notifications and Reminders
Unlock the Simplicity of Lease Accounting Software.
Create new leases in minutes. Stop waiting for journal entries and reports. Perform lease modifications in minutes
Lease Entry
- Intuitive design
- Create new leases in minutes
- Input validations
Lease Change
- Reassessments
- Modification
- Retroactive adjustments to prior periods
- Robust audit tails
- All in only minutes
Multi-currency
- Automated import from any source daily
- Converted at time of entry
- FX and CTA run monthly with the click of one button for all leases
Works with all ERPs
- SAP
- Oracle Cloud
- Microsoft Dynamics
- Nextworld
- NetSuite
- QuickBooks Online
- Sage
Detailed Audit Trails
- Each lease stores all journal entries from inception to end
- All lease changes supported by journal entries
Secure and Scalable
- Cloud hosted single tenant
- AUTH0 for user management and authentication

Scott
"We are a private equity firm with 13 operating companies and over 200 leases / subleases in multiple currencies which we previously tracked manually in excel. The Black Owl software helped streamline our processes, removed the burden and frustrations of manual spreadsheets and freed up time in our month-end and quarter end. We felt well supported during the entire implementation process and have been very impressed with the ongoing customer service. The software has a great look and feel and is very intuitive to use. Creating a new lease is quick and easy and the push button reporting functions have simplified our month-end and quarterly disclosures. Being the administrator of the software, I like how straightforward adding companies and updating the master data is. Overall we have been very impressed with the software and the team at Black Owl and would recommend it to anyone whose dealing with the frustrations created by the new leasing standard."
Shekayla
"Making the move to Black Owl has been a huge time saver for our companies' lease accounting process, as we no longer need to rely on tedious spreadsheets to track and manage our leases. Our month-end reconciliation process has been vastly improved, and our lease reporting has become seamless. From the beginning of our implementation, their support team has always been incredibly responsive and helpful anytime we have a question or need assistance. We would absolutely recommend Black Owl to any company looking to enhance their lease accounting."
William
"Communication with the Black Owl team from executives down to the consulting level was easy and responses to our questions were addressed on a timely basis. Features and functionality demonstrated were either delivered out of the box during implementation or addressed very quickly at our request."


4.7 out of 5











Lease Accounting Solutions for Your Business
Month-End Close doesn't have to be stressful.
Whether you are a small company with a limited number of leases or a large organization with a vast lease portfolio, our software provides a seamless and user-friendly interface to ensure your lease accounting remains well-managed.
- sales@blackowlsystems.com
- Suite 1100, 639 5 Ave SW, Calgary, AB T2P 0M9
Frequently Asked Questions
Our advanced Lease Accounting Software is designed to transform the way you manage and streamline your lease accounting practices.
Our suggestion is that you should consider using lease accounting software when you have 10 or more leases. Lease accounting software can provide numerous benefits for companies, including increased accuracy, improved efficiency, better compliance, enhanced transparency, and strong audit trails.
Opting for a change to Black Owl from your current Excel or first-generation tool can offer significant benefits in terms of time and lower risk in complmeting your month end accounitng. Our system makes your monthly closing and auditing processes considerably more streamlined compared to what traditional methods and systems offer.
Yes, Black Owl has received SOC 1 certification from BDO.
The installation process of Black Owl is typically swift and ranges between four to eight weeks depending on your readiness. Our team is committed to assisting our clients through every stage with our comprehensive implementation guide, whether you’re transitioning from a large corporate system or an Excel spreadsheet. If your policy choices and data are well-organized, the software is ready for you to make your configuration choices and input your data.
Additionally, we collaborate with several partner companies who can offer consultative services to help overcome any limitations you may face during the adoption phase.
Lease accounting software is a specialized accounting software solution created to help companies comply with lease accounting standards. The software simplifies lease management, enabling businesses to accurately account for both real estate and equipment leases in line with rules set by the Financial Accounting Standards Board and International Accounting Standards Board.
As a leading provider of lease management software solution, we offer robust features that empower businesses to easily handle their lease portfolio. Our software enables property managers, real estate investors, and private and public companies to manage rental properties with unmatched ease and efficiency.
The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued new lease accounting standards known as ASC 842, GASB 87, and IFRS 16, which significantly impact the way companies account for leases.
These new lease accounting standards require companies to recognize most leases on their balance sheets, which impacts both lessees and lessors. Our lease accounting software ensures you stay compliant with these standards, taking the complexity out of lease accounting.