Lease Fix uses a range of technologies to boost performance across specific business functions. Furthermore, it has robust IT general controls to maintain strong IT security.
Accelerated extraction of lease terms
Its advanced technologies automate the process of extracting lease terms and clauses, and thereby enable accelerated extraction and saving of time.
The proprietary calculation engine quantifies the impact of these new standards, including transition periods. The calculations are automated to increase efficiency and reduce human error.
PwC’s approach involves forming an iterative feedback loop by combining advanced technology and the firm’s in-depth accounting experience.
It does not stop here, through integration with ERP, the output can be directly posted on the general ledger.
This tool is designed to support various forms of reporting, spanning accounting, disclosures and business intelligence, which can generate analytical insights for your management, and hence can add value to the entire process while ensuring the maximum security.