Audience
Organizations that comply with IFRS 16 or US GAAP ASC 842 reporting requirements
About Cradle
Journal entries — automated. Complex calculations — instant. ASC 842 & IFRS 16 compliant — always. No need for a long-drawn-out sales call or tiresome negotiation. Simply sign up, enter your details and get started with your accounting tasks. Choose from a plethora of customizable fields and methodologies and let Cradle guide you to the applicable accounting areas of the contract. Input your data and customize the software to your needs. Run fast, accurate-to-the-cent calculations and have your journal entries done immediately. Remove the guesswork and stress that comes with accounting under the new lease accounting standards ASC 842 and IFRS 16. Refine and update your lease accounting processes, all while saving time and money. We also offer complete implementation guidance. Whether you are a financial controller for a public company, or a small business owner that still needs to adhere to financial reporting requirements, Cradle will save you time.