LeaseAccelerator Honored as Bronze Stevie® Award Winner in 2018 American Business Awards®
RESTON, Va. (PRWEB) May 29, 2018 -- LeaseAccelerator, the pioneer in the Enterprise Lease Accounting software market, was named the winner of a Bronze Stevie® Award in the Company of the Year, Computer Software category at The 16th Annual American Business Awards®.
More than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Startup of the Year, Executive of the Year, Best New Product or Service of the Year, Marketing Campaign of the Year, Live Event of the Year, and App of the Year, among others. LeaseAccelerator was nominated in the Company of the Year category for Computer Software.
LeaseAccelerator is the first enterprise application designed specifically to help companies comply with the new lease accounting standards and automate the business process lifecycle for their leases. The typical Fortune 500 company has between 1,000 and 10,000 leases, representing a dollar value between $100 million and $15 billion, but has no enterprise application to track these financing arrangements or the underlying assets. LeaseAccelerator enables companies to automate the record-to-report, procure-to-pay and acquire-to-dispose lifecycles for real estate, vehicle fleet, IT and other equipment leases.
“We are pleased that not only LeaseAccelerator, but also the new category of software – Enterprise Lease Accounting – is being recognized for its critical importance to business performance,” said Michael Keeler, CEO of LeaseAccelerator. “Leasing is one of the few multi-trillion-dollar business processes that has not yet been disrupted by technology. We strive to help companies comply with SEC accounting regulations and save millions of dollars per year through smarter procurement and financing strategies,” noted Keeler.
“The nominations submitted for The 2018 American Business Awards were outstanding. The competition was intense, and those recognized as Stevie Award winners should be immensely proud of this accomplishment,” said Michael Gallagher, president and founder of the Stevie Awards.
The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small.
Details about The American Business Awards and the list of 2018 Stevie winners are available at http://www.StevieAwards.com/ABA.
About LeaseAccelerator
LeaseAccelerator offers the market-leading SaaS solution for Enterprise Lease Accounting, enabling compliance with SOX, SEC and current and new FASB and IFRS standards. Using LeaseAccelerator’s proprietary asset-based Global Lease Accounting Engine, customers can account for all categories of leases including real estate, fleet, IT, material handling and other equipment at an asset level. On average, LeaseAccelerator’s Lease Sourcing and Management applications generate savings of 17 percent on equipment leasing costs with smarter procurement and end-of-term management. Learn more at http://www.leaseaccelerator.com/.
About the Stevie Awards
Stevie Awards are conferred in seven programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 10,000 entries each year from organizations in more than 60 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.
Max Leitenberger, Buttonwood Communications Group, http://www.buttonwoodpr.com, (914)-434-5725, [email protected]
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