Adrian JohnsonTLDR:
Insightsoftware has acquired LeaseAccelerator, a leading provider of solutions for lease accounting, real estate lease administration, and lease lifecycle management. This acquisition significantly enhances insightsoftware’s lease offerings, expanding capabilities and global reach.
Summary:
Insightsoftware, known for providing comprehensive solutions for the Office of the CFO, has acquired LeaseAccelerator, a key player in automated solutions for lease accounting, real estate lease administration, and lease lifecycle management. This acquisition expands insightsoftware’s market reach in the U.S. and strengthens its lease accounting and administration solutions. LeaseAccelerator’s platform automates the entire lease management process for lessees and lessors, providing visibility into asset-level lease data and ensuring accounting compliance. With a unified lifecycle approach, LeaseAccelerator helps organizations streamline asset and real estate leasing processes, freeing up financial teams to focus on high-value tasks.
LeaseAccelerator’s platform serves enterprise, mid-market, and SMB customers, regardless of lease count, and features certified connections to major ERP and accounting platforms. By joining insightsoftware, LeaseAccelerator aims to empower financial teams with deep visibility and control over the entire lease lifecycle, enabling effective financial decisions. This acquisition marks insightsoftware’s commitment to the segment and solidifies its position as a comprehensive solution provider for the Office of the CFO.
In conclusion, this acquisition further strengthens insightsoftware’s offerings in the finance realm and enhances its ability to provide comprehensive solutions for lease accounting and administration. By integrating LeaseAccelerator into its portfolio, insightsoftware aims to continue empowering financial teams with the tools and capabilities necessary for streamlined and compliant lease management.
