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Articles

22
Apr
Articles
Leave Spreadsheets Behind: Smarter Lease Invoicing

Introduction
Collections are a critical part of every leasing business. It starts with sending timely invoices to your customers. Spreadsheets can help with simple leases.

by Athena

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15
Apr
Articles
Operating Lease Accounting for Lessors

Introduction
Operating leases have been a vital component of equipment and vehicle leasing. Organizations may require access to specialized assets for specific projects or assignments.

by Athena Fintech

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08
Apr
Articles
Decoding KYC: From Guidelines to Global Guardianship

Introduction: KYC’s Relevance in Leasing Today If you lease equipment or vehicles, you must have heard KYC several times. KYC, however, is not just another regulatory box for you to check. KYC, which stands for Know Your Customer, is an

by Athena

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01
Apr
Articles
Breaking Down Silos with Cloud-Based Finance Systems

Introduction Cloud-based financial systems address these issues by integrating all financial aspects into a comprehensive platform. This unification gives all departments , finance, accounting, operations, and sales, the same data, eliminating inconsistencies and optimizing efficiency. One of the key benefits

by Athena

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25
Mar
Articles
Why Lessor Accounting Software Is a Game-Changer for Modern Lease Management?

Lessors have been subject to increased scrutiny since the collapse of Enron and WorldCom at the turn of this century. Additionally, changes to lease accounting rules by US GAAP and IFRS have tightened regulations. Lessors need help managing current accounting

by Athena Fintech

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18
Mar
Articles
Navigating Legal Complexities in Lease and Rental Agreements

Introduction The legal framework that supports every transaction, whether you’re leasing expensive industrial equipment or entire fleets of cars, safeguards your company to resolve any disputes. Having contracts on file is only one aspect of that structure. Making sure those

by Athena Fintech

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11
Mar
Articles
KPIs That Matter Most for Equipment Lease Financiers

Introduction In equipment leasing, success is not the number of assets on the books, but by how successfully a lessor can control growth, profitability, and risk. For lease financiers, this translates to tracking performance at each stage of the lease

by Athena

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04
Mar
Articles
Mitigating Cyber Risks with Secure Lease Software Platforms

Introduction Leasing, relying more on software platforms to manage leases, process financial transactions, and store customer data, has become an industry in the value of digitization. When digital transformation accelerates, so too do cybersecurity threats arising in the industry, making

by Athena Fintech

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25
Feb
Articles  ·  Uncategorized
Making Sense of Lease Accounting Standards: What LessorsNeed to Know About ASC 842 and IFRS 16

Introduction: A New Chapter in Lease Accounting 2019 marked the beginning of a new age of lease accounting. After over a decade of discussion, two major establishments watched those international jurisdictions receive IFRS 16, and U.S. jurisdictions receive ASC 842,

by Athena

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18
Feb
Articles
Loans, Leases, and Rentals: Making the Right Choice for Your Equipment Needs

In a fast-moving business environment, access to the right equipment can spell the difference between stagnation and growth. Whether a fleet of delivery vans or heavy construction machinery, businesses across industries depend on capital equipment to perform their core functions

by Athena Fintech

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