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What is Progen?

Progen is a sophisticated software platform tailored for Commercial Lease and Property Management, equipped with a robust accounting suite that guarantees adherence to IFRS 16 standards. It is specifically designed to meet the complex demands of lease administration and can be customized to suit a variety of sectors and organizational structures. With its flexible and process-oriented methodology, Progen offers an easy-to-navigate user interface and integrates smoothly with leading ERP systems. This software is beneficial for both landlords and tenants, adeptly handling even the most challenging sub-leasing situations. By employing clearly defined processes, workflows, and automation, Progen enhances productivity throughout organizations. Moreover, it promotes best practice workflows while ensuring the delivery of highly accurate data. Essential features and automated lease calculations within the software empower businesses to reach their fiscal goals. In conclusion, Progen not only streamlines lease management but also emerges as an indispensable asset for any organization aiming to improve operational efficiency and effectiveness. Its wide range of capabilities makes it a compelling choice for those looking to optimize their property management strategies.

What is Black Owl?

Black Owl empowers finance executives in both public and private sectors to minimize compliance risks associated with ASC 842 and IFRS 16 while also achieving cost savings through expedited and precise lease accounting. Our platform has been meticulously designed to offer maximum ease of use without unnecessary steps or clicks, ensuring a thorough and all-encompassing experience. This enables effective lease management while adhering to IFRS and US GAAP standards. Our solution is crafted to align seamlessly with leading accounting practices and financial reporting guidelines, providing the capability to accurately record and reconcile all lease entries and necessary adjustments. If you are currently managing leases with Excel and seek a more powerful and user-friendly lease accounting solution, we are here to assist you in enhancing your existing system and cutting down on compliance expenses. Ultimately, our goal is to simplify your lease accounting process while ensuring full compliance and operational efficiency.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

Progenesis

Date Founded

1995

Company Location

Australia

Company Website

progensoft.com

Company Facts

Organization Name

Black Owl Systems

Date Founded

2019

Company Location

Canada

Company Website

www.blackowlsystems.com

Categories and Features

Categories and Features

Lease Accounting

Amortization Schedule
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Portfolio Management

Lease Management

Portfolio Management

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