About Black Owl Systems.
Black Owl empowers finance and IT leaders with innovative lease accounting solutions.
Who We Are: Solutions for Your Business
Black Owl Systems Leadership Team.
Made by accountants, for accountants.
How Does ASC 842 Affect EBITDA? Key Impacts Explained
How Does ASC 842 Affect EBITDA? The adoption of ASC 842, the lease accounting standard issued […]
The Ultimate Guide to ASC 842 Sale-Leasebacks for Finance Teams
The Ultimate Guide to ASC 842 Sale-Leasebacks for Finance Teams Selling an asset and immediately leasing […]
What are Fixed Assets vs. Leased Assets
Fixed assets and leased assets both appear on the balance sheet, both support a business’s day-to-day […]
Straight-Line Depreciation: Formula and Example (2026)
Quick definition: Straight-line depreciation is a method of allocating the cost of a tangible fixed asset […]
I Have Spent 40 Years Watching Finance Teams Build Their Own Solutions. Here Is How It Always Ends
When my son and co-founder Derek and I started Black Owl, we were not building software. We were building the thing I always wished existed when I was sitting on...
Switching Lease Accounting Software: How to Migrate from Excel or FinQuery
How to switch lease accounting software from Excel, FinQuery, or a homegrown system. Cutover timing, the lease data to gather, and the opening balance reconciliation.
Custom 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.
We are committed to transforming lease accounting through advanced software that streamlines processes, ensures compliance, and empowers businesses to focus on growth.
What is Black Owl Systems?
Black Owl Systems provides cloud-based lease accounting software for ASC 842 and IFRS 16, supporting both lessee and lessor accounting with automation for complex modifications.
Who uses Black Owl Systems?
Finance and accounting teams at mid-market and enterprise organizations that want accurate, audit-ready reporting and lower manual work.
Which enterprise resource planning systems does Black Owl connect to?
- Black Owl integrates with SAP, Oracle, Microsoft Dynamics, and others through application programming interfaces or secure file exchange.
How is Black Owl different from other lease accounting software?
It handles complex reassessments and modifications reliably, reduces manual journal entries, and includes strong multi-entity and multi-currency support with fast implementation.
What are typical costs and timelines?
Implementations are measured in weeks, not months. Subscription pricing depends on lease volume and reporting scope.
