Black Owl

Black Owl

Black Owl Systems
NETSOL

NETSOL

NETSOL Technologies
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About

Black Owl Systems offers advanced lease accounting software that streamlines lease management and ensures compliance with FASB ASC 842, IASB IFRS 16, and ASPE Section 3065. It features automated calculations, multi-currency support, comprehensive lease tracking, and robust reporting tools, enhancing efficiency and compliance. Key Features of Black Owl Systems software -Streamlines lease accounting, significantly reducing staff involvement. -Supports FASB ASC 842, IASB IFRS 16, and ASPE Section 3065 standards. -Automates calculations and postings with auditable journal entries. -Provides compliance with US GAAP, IFRS, and ASPE accounting standards. -Features multi-currency support with daily rate imports and month-end calculations. -Allows allocation of lease costs to multiple centers, ventures, and objects. Offers reliable audit trails for each lease change and full visibility of journal entries. -Supports multiple companies and coding structures for multi-entity managemen

About

Welcome to the future of financial services with NETSOL. Based on next-generation technology, our platform offers solutions for end-to-end asset finance and leasing for seamless retail and wholesale operations, digital retail and out-of-the-box, API-first products for the global financial services industry. Our platform revolutionizes your operations, from originations to servicing, and adapts to your needs, empowering you to navigate today’s dynamic and changing landscape with ease. Effectively manage your complex multi-site and multi-currency operations and enable your organization to thrive in hyper competitive markets globally. Utilizing the power of AI and data analytics, we enable users to track performance, identify trends and make data-driven decisions to optimize processes. Our platform is a global system that meets local requirements. It can be used in multi-national, multi-company, multi-asset, multi-lingual, multi-distributor and multi-manufacturer environments.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Finance teams, accountants, large businesses, small businesses

Audience

Financial institutions

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

$1000
Custom Plan Available
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • Covers leasing, loan management, and contract lifecycle automation. Provides intelligent insights for better decision-making.

Cons

  • Suitable for large enterprises, but may be expensive for small businesses.Ongoing costs for support and upgrades can be high.

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Training

Documentation Not Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Company Information

Black Owl Systems
Founded: 2019
Canada
www.blackowlsystems.com

Company Information

NETSOL Technologies
Founded: 1996
United States
netsoltech.com/products/transcend

Alternatives

Alternatives

iLeasePro

iLeasePro

iLease Management LLC

Categories

Lease Accounting Supported
Lease Management Supported

Categories

Asset Leasing Supported
Lease Management Supported

Lease Management Features

Billing & Invoicing Not Supported
Commercial Leases Not Supported
Contact Management Not Supported
Landlord Database Not Supported
Lease Classification Not Supported
Portfolio Management Supported
Property Management Not Supported
Residential Leases Not Supported
Retail Leases Not Supported
Sublease Management Not Supported
Tenant Database Not Supported

Lease Accounting Features

Amortization Schedule Supported
Asset Management Not Supported
Billing & Invoicing Not Supported
Budgeting & Forecasting Supported
Capitalization Reporting Supported
Critical Date Alerts Supported
Expense Tracking Supported
For Equipment Leases Supported
For Real Estate Supported
Payment Tracking Not Supported
Portfolio Management Supported
Tax Management Not Supported

Lease Management Features

Billing & Invoicing Supported
Commercial Leases Supported
Contact Management Supported
Landlord Database Not Supported
Lease Classification Supported
Portfolio Management Supported
Property Management Supported
Residential Leases Supported
Retail Leases Supported
Sublease Management Supported
Tenant Database Not Supported

Integrations

Nuxt Not Supported

Integrations

Nuxt Supported
Claim Black Owl and update features and information
Claim Black Owl and update features and information
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Claim NETSOL and update features and information