At this crucial turning point, a shift from beloved spreadsheets to dedicated lease accounting software has become imperative.

As we step into 2024, it’s crystal clear: leveraging technology and software is an absolute must for any organization eyeing substantial growth. An insightful takeaway from 2023 is that for CPA firms and entities handling the intricate world of ongoing lease accounting this becomes even more critical.

Until recently, spreadsheets held their ground as the go-to tool for accountants. However, the evolving landscape of standards such as ASC 842 and GASB 87/96, alongside adaptations in business practices, has unveiled their limitations. At this crucial turning point, a shift from beloved spreadsheets to dedicated lease accounting software has become imperative.

Anticipate a surge in this transition through 2024 as organizations bid farewell to manual processes and the pitfalls of error-prone spreadsheets, embracing instead the efficiency of automated lease accounting software.

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