Deloitte LeasePoint to address new accounting lease standards


Deloitte and IBM today announced Deloitte LeasePoint solution, powered by IBM Watson Internet of Things (IoT) and real estate management software, IBM® TRIRIGA®. Deloitte’s LeasePoint is designed to address new lease accounting standards released by the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB)…

To address these changes, Deloitte has designed and is developing a lease accounting technology solution powered by IBM’s leading Watson IoT software TRIRIGA®. LeasePoint is designed to provide clients with the tools necessary to address the new regulations, sustain compliance and better manage lease portfolios using cognitive insights and analytics. It will be available in a cloud-hosted environment and is anticipated to give clients an advantage by quickly assessing the impact of various leasing scenarios…

The combined strength of Deloitte’s experience performing installations of TRIRIGA software and vast experience in accounting and real estate services, coupled with IBM TRIRIGA software for managing real estate and facilities, is expected to provide companies with a modern and efficient way to manage large portfolios of leases…

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[Admin: The same announcement is also posted in the CPA Practice Advisor website. This post is related to the 02.22.16 post by Chris O’Connor about creating intelligent buildings with the Internet of Things (IoT).]

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One thought on “Deloitte LeasePoint to address new accounting lease standards

  1. Pingback: Are you going to watch Deloitte LeasePoint live at InterConnect? | TRIRIGAFEEDIA

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