insightsoftware (lowercase spelling intentional), a provider of solutions for the Office of the CFO, has acquired LeaseAccelerator, a leading provider of automated solutions for lease accounting, real estate lease administration, competitive lease sourcing, and lease lifecycle management. The acquisition extends insightsoftware’s market reach in the U.S. and enhances its lease accounting and administration solutions. LeaseAccelerator offers a core capability crucial for CFOs and Controllers that provides full control over the entire lease lifecycle.

Organizations struggle to manage lease sourcing, administration, accounting, and emissions reporting for real estate and equipment assets. Founded in 2003, LeaseAccelerator provides a comprehensive platform for lessees and lessors that automates the entire lease management process. LeaseAccelerator, EZLease, PureLease, and LeaseController ensure accounting compliance and bridge the gap between procurement leaders, real estate managers, ESG managers and controllers. LeaseAccelerator is proven to deliver operational efficiency and free up cash by providing visibility into asset-level lease data. LeaseAccelerator manages and automates 900,000 real estate and equipment leases across 142 countries.

“This acquisition not only expands our offerings but signifies our commitment to this segment. By integrating LeaseAccelerator into our portfolio, we solidify our position as one of the most comprehensive solution providers for the Office of the CFO,” said Monica Boydston, General Manager, Controllership at insightsoftware. “LeaseAccelerator provides solutions with extensive capabilities in lease accounting and real estate lease administration, empowering organizations to streamline asset and real estate leasing processes for sustainable ROI. With a unified lifecycle approach for effective and compliant lease management, the LeaseAccelerator platform frees financial teams to focus on high-value tasks while doing more with fewer resources.”