Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Black Owl assists finance leaders in public and private companies to reduce compliance risks with ASC 842/IFRS 16 and save money by allowing them to complete lease accounting more quickly and accurately. Our system was built from the ground up to make it as easy as possible. There are no extra steps or clicks, but the system is comprehensive and complete. This will allow you to manage your leases efficiently and comply with IFRS and US GAAP. Our solution is designed to be compliant with leading accounting practices and financial reporting standards. However, it allows you to record and reconcile all lease entries and adjustments. You are currently tracking leases using Excel. You want a more robust and easy-to-use lease accounting system. We can help you streamline your existing lease accounting system and reduce compliance costs.
Description
Say goodbye to outdated spreadsheets and cumbersome calculators. Meet Flex, a web-based leasing calculator that is flexible, dependable, precise, and user-friendly—all in one comprehensive tool. With Flex, lenders, brokers, and dealers can enjoy consistent, accurate, and compliant pricing and quotations for a variety of vanilla and structured deals. This solution features seamless API integration, allowing for rapid deployment that enhances efficiency, scalability, and accuracy for both your team and clients. Flex streamlines the entire leasing contract process, incorporating rates, initial pricing, adjustments, and final calculations into a single, effective platform. It’s designed to be flexible for internal users while also being intuitive and visually appealing for your customers and partners. Additionally, it supports a wide range of financial calculations for finance leases, operating leases, hire-purchase agreements, and loans, boasting features for complex repayments, commissions, early settlements, and refinancing with exceptional precision. Flex not only enhances operational performance but also elevates the overall user experience, making it a vital tool for modern leasing needs.
API Access
Has API
No
API Access
Has API
Yes
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$350 per month
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Black Owl Systems
Founded
2019
Country
Canada
Website
www.blackowlsystems.com
Vendor Details
Company Name
Appex Now
Country
United States
Website
www.appexnow.com/market-place/product/Flex
Product Features
Lease Accounting
Amortization Schedule
Yes
Asset Management
No
Billing & Invoicing
No
Budgeting & Forecasting
Yes
Capitalization Reporting
Yes
Critical Date Alerts
Yes
Expense Tracking
Yes
For Equipment Leases
Yes
For Real Estate
Yes
Payment Tracking
No
Portfolio Management
Yes
Tax Management
No
Lease Management
Billing & Invoicing
No
Commercial Leases
No
Contact Management
No
Landlord Database
No
Lease Classification
No
Portfolio Management
Yes
Property Management
No
Residential Leases
No
Retail Leases
No
Sublease Management
No
Tenant Database
No