Audience
Finance Leaders & Controllers , Lease Accounting Specialists , Banking & Financial Institutions , Retail & Hospitality , Telecommunications & Energy , Real Estate & REITs , External Auditors
About ContractHive
ContractHive is an AI-powered lease accounting platform built for IFRS 16. It abstracts any lease in any format, generates ROU and lease liability schedules, manages critical dates, and consolidates multi-entity portfolios on a single audit-grade source of truth.
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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
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Pricing
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Company Information
ContractHive
Founded: 2025
United Arab Emirates
contracthive.ai/
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Product Details
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