• 🔄 Automating and simplifying the complexities of Lease Accounting | Adam Riches

  • May 22 2024
  • Duración: 50 m
  • Podcast

🔄 Automating and simplifying the complexities of Lease Accounting | Adam Riches Por arte de portada

🔄 Automating and simplifying the complexities of Lease Accounting | Adam Riches

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  • Resumen

  • Today I’m speaking with Adam Riches, CEO & Co-Founder of Netgain

    In this episode, we talk about . . .

    - Adam Riches discusses the new lease accounting standards IFRS 16 and ASC 842, and how Netgain helps clients navigate the complexities
    - Riches shares how Netgain automates lease data extraction from contracts using AI to save accountants time
    - The challenges of managing cash flow visibility and bank reconciliations for businesses are highlighted
    - How Netgain's tools like its close module help speed up the month-end close process and improve data quality
    - The history of accounting software development is examined, from mainframes to Excel, and how Netgain aims to continue innovating
    - Potential applications of AI in accounting are explored, such as automating bookkeeping tasks and catching previously overlooked errors

    Contact details:

    Adam Riches linkedin.com/in/adam-riches-cpa

    Netgain: https://www.netgain.tech/

    Accounting Apps newsletter: http://HeatherSmithAU.COM

    Accounting Apps Mastermind: https://www.facebook.com/groups/XeroMasterMind

    LinkedIn: https://www.linkedin.com/in/HeatherSmithAU/

    YouTube Channel: https://www.youtube.com/ANISEConsulting

    X: https://twitter.com/HeatherSmithAU

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