Accounting & BookkeepingAccounting & Financial Management4HighController$ explicit
A controller at a mid-size distribution company struggles to manage 120 leases under ASC 842 in Excel, leading to quarterly scrambles during modifications and auditor concerns, and seeks dedicated lease accounting software.
Excel is error-prone for complex lease accounting, lacks automation for modifications and journal entries, and does not provide auditor-ready audit trails.
59
0
Opp. Score
59
Severity
4High
Willingness to Pay
explicit
Added
Oct 27, 2026
Workarounds Described
- running ASC 842 out of Excel
Implied Software Gaps
- Dedicated lease accounting system with automated modification handling and journal entry exports
App Concept
LeaseLogic
LeaseLogic automates ASC 842 compliance for small and mid-sized businesses. It streamlines lease modifications, generates accurate amortization schedules, and integrates with ERPs to simplify journal entries and audit support.
Key Features
- Lease modification wizard that recalculates schedules without rebuilding
- Automated journal entry exports to major ERPs
- Audit-ready disclosure reports and amortization schedules
- Centralized lease repository with document attachments
Target Users: Controllers and accounting managers at small to mid-sized companies with 50-200 leases across real estate and equipment
Revenue Model: SaaS subscription at $300/month for unlimited users and leases
Existing Solutions Mentioned
Excel
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