Spreadsheets are great tools for data analysis and decision support. However, they’re not designed to manage complex, ongoing business processes like lease accounting. At the same time the list of companies that attribute financial and accounting mistakes to the use of spreadsheets grows longer each day.

While many companies consider the usage of spreadsheets for lease accounting to be simply a function of portfolio size, the accountants and leasing experts at EZLease have a simple guideline: a portfolio of even a single lease requires an application designed to manage compliance, reporting, operations, and the multi-user complexities of the standards.

In this eBook, discover the myths and risks of using spreadsheets, including real-life examples, to learn:

• Spreadsheet design flaws to avoid
• Accounting weaknesses and technology gaps
• Why a purpose-built application matters