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What is Leasecat?

Catsoft Leasecat serves as an all-encompassing lease management tool that streamlines the process of creating reports and performing lease calculations from the perspectives of both lessees and lessors, addressing financial leases, operating leases, and hire purchases. The application allows users to efficiently track lease details relevant to their role, whether they are leasing or leasing out assets. Its reporting capabilities cover aspects such as cash flow assessments, interest rates associated with leases, lease terminations, and summaries of journal entries. Moreover, the platform provides lessees with the flexibility to sub-lease a portion or the entirety of a leased asset to third parties. Users can customize interest charge methodologies and amortization strategies according to their needs. With an integrated report creation tool, individuals can tailor reports by selecting specific fields. The software also has the capability to automatically calculate the interest rate implicit in lease contracts. Additionally, lessees can enter a projected interest rate, which can modify the fair value, or they may explore suggested alternative rental payment scenarios. In summary, Leasecat is an essential resource for effectively managing a wide range of lease agreements, ensuring that every aspect of the leasing process is handled with precision.

What is AMTdirect?

AMTdirect is highly regarded as a top expert in lease administration and accounting, especially for ensuring compliance with FASB 842. Designed specifically for businesses that handle portfolios of 50 or more locations, AMTdirect addresses the daily challenges faced by corporate real estate professionals. This all-encompassing software solution allows users to keep an organized record of property details, lease contracts, associated income and expenses, along with any relevant documentation all in a single, accessible platform. In the context of lessor accounting, it supports adherence to ASC 842, IFRS 16, and GASB 87 for lease receivables, whether they involve third-party entities or intercompany transactions. For lease-level accounting, users gain access to a transparent audit trail that tracks all balance sheet computations for each lease, encompassing amortization, opening and closing liabilities, interest, and depreciation for every reporting period in line with the organization’s unique accounting calendar. This level of detail empowers corporate real estate professionals to oversee their lease commitments with both precision and confidence. Furthermore, the platform's intuitive interface simplifies processes, making it easier for users to sift through intricate lease details, fostering a more efficient workflow overall. By enhancing usability and accuracy, AMTdirect ultimately supports better decision-making in lease management.

Media

Media

Integrations Supported

Integrations Supported

HubSpot CRM
HubSpot Customer Platform
MRI Software
NetSuite

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Supported Platforms

Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Catsoft

Company Location

United States

Company Website

www.catsoft.com.au/leasecat/

Company Facts

Organization Name

MRI Software

Date Founded

1971

Company Location

United States

Company Website

www.mrisoftware.com/solutions/lease-accounting-software/

Categories and Features

Lease Management

Lease Classification
Sublease Management

Categories and Features

Lease Accounting

Not specified

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