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LeaseQuery Collaborates with Microsoft for Seamless Lease Accounting Transitions

January 28, 2021, 07:17 AM
Filed Under: Industry News

LeaseQuery, a provider of purpose-built lease accounting software, announced it is integrating its solution with Microsoft Dynamics 365 Finance and Business Central, an industry leader in enterprise resource planning (ERP) and customer relationship management (CRM). This collaboration brings two products together to facilitate complex lease accounting compliance and drive customers through their unique digital transformation plans.

“LeaseQuery and Microsoft have a shared vision of exemplifying customer commitment and improving business’ digital transformation initiatives through advanced, data-driven technology,” said George Azih, CEO and founder of LeaseQuery. “Collaborating with Microsoft allows us to give customers a more seamless path to lease accounting compliance, easier accounting processes, and profound financial insights.”

“Through this collaboration, Microsoft and LeaseQuery will help customers drive efficiency and find new ways to amplify technology innovation,” said Toby Bowers, General Manager, Business Applications Group, at Microsoft Corp. “LeaseQuery will help accountants and financial professionals across multiple sectors address their most critical lease accounting challenges.”

Microsoft Dynamics 365 is a set of intelligent business applications that helps organizations deliver greater results through predictive, AI-driven insights. This collaboration will focus on integrating LeaseQuery into both Dynamics 365 Finance for enterprise and Dynamics 365 Business Central for small and medium-sized businesses.

This collaboration builds on LeaseQuery’s commitment to providing customers with a purpose-built lease accounting solution that eases the burden of transitioning to the new lease accounting standards. The LeaseQuery integrations with Dynamics 365 allow customers to:

  • Centrally manage their entire lease portfolio, focusing specifically on critical dates,
  • Administer all necessary disclosure reporting and
  • Easily post accurate journal entries from LeaseQuery into the Dynamics 365 solution.

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