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AMTdirect Insights Blog

AMTdirect Insights Blog

Should You Trust Lease Accounting Compliance Implementation to the Lowest Bidder?

Posted on 5/25/18 12:35 PM by Amber Bigler Newman

The new FASB ASC 842 and IFRS 16 lease accounting mandates constitute a significant challenge for mid-sized organizations. They require a level of scrutiny on real estate and equipment leases that has never been seen before.   While most retailers already have all of the data necessary for compliance in a digital system, most other organizations may be starting from scratch when it comes to lease compliance.

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11 Reasons Excel Won’t Work for FASB 842

Posted on 5/10/18 2:41 PM by Amber Bigler Newman in FASB, in Lease Accounting

Excel is one of the most popular software applications on the planet for good reasons. It’s extremely flexible. It’s cheap. Pretty much everyone knows how to use it to one extent or another, and it’s a great file format for uploading or downloading data from all sorts of other applications. What’s not to love?

In fact, in theory, you could use Excel for managing your entire business. It could be your CRM, your HR system, your inventory control solution, or your POS. It probably isn’t though. Why? Because these tasks are so important and so specialized that it makes sense to use applications that are designed for exactly that purpose. Doing so reduces risk, ensures consistency, and lets you take advantage of custom features that uniquely fit the task at hand.

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Angels & Sparrows Gather & Give Gala

Posted on 5/8/18 6:41 PM by Amber Bigler Newman in AMTdirect Team

Since 2007, the Angels and Sparrows Soup Kitchen has been working to fight hunger in Huntersville and adjacent towns of Cornelius (our headquarters) and Davidson as well as in the North Mecklenburg County unincorporated areas. AMTdirect has been a long time supporter of the organization, making space for our employees to volunteer to help the organization provide a nourishing lunch, Monday through Friday 11am-1pm, year-round to anyone who needs help.

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What Is Ad Hoc Reporting?

Posted on 4/26/18 6:06 PM by Nicole Hitner

This is a guest post by Nicole Hitner. Nicole is a Content Strategist at Exago, Inc., producers of embedded business intelligence for software companies. She manages the company’s content marketing, writes for their blog, and hosts their podcast, Data Talks.  We're grateful for her contribution. 

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New Seasons Market Joins the AMTdirect Community

Posted on 4/24/18 2:10 PM by Amber Bigler Newman in FASB, in Customers

AMTdirect is proud to announce that we have been selected by New Seasons Market as their new lease administration and accounting solution.

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Polaris Selects AMTdirect

Posted on 4/4/18 6:40 PM by Amber Bigler Newman in Customers

AMTdirect is excited to announce that Polaris Industries has decided to join the AMTdirect community. The AMTdirect solution will help Polaris manage all of its leased assets and be prepared for new lease accounting requirements that go into place next year.

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