Black Owl Systems Inc.

What it does

Black Owl Systems specializes in lease accounting software focused on the Office of the CFO, aiding organizations in adhering to lease accounting regulations (IFRS 16 and ASC 842). Their product suite enhances lease accounting procedures through efficient lease data and lifecycle management, as well as automated calculation and reporting of lease changes. Renowned for its ease of use and straightforward implementation, Black Owl's software serves businesses of varying sizes effectively. Furthermore, Black Owl offers consultancy services, supporting companies in integrating their software seamlessly and conforming to updated lease accounting standards. Black Owl has surpassed the conventional compliance provided by other platforms, concentrating on addressing the genuine requirements of finance and accounting professionals. Our software is architected to manage the intricate requirements of large multinational corporations, yet its design remains intuitive and user-friendly, suitable for small and medium businesses. Adopting Black Owl Systems' software enables organizations to achieve greater accuracy, efficiency, and regulatory compliance in lease accounting, ultimately facilitating cost savings and minimizing the risks linked to accounting discrepancies in leasing.