Lease accounting has become significantly more complex under ASC 842 and IFRS 16, requiring organizations to recognize right-of-use (ROU) assets and lease liabilities across their entire portfolio. Most enterprises still manage this through spreadsheets, email workflows, and manual journal entries—creating bottlenecks, compliance risks, and visibility gaps. Hubler eliminates these manual processes by automating lease data capture, valuation, accounting recognition, and financial reporting from end to end.
Hubler ingests lease agreements from multiple sources—landlord contracts, property management systems, and ERP platforms—and extracts key terms automatically using AI-powered document processing. The system calculates incremental borrowing rates, determines lease classification, and computes ROU assets and lease liability balances according to ASC 842 standards. All calculations are logged with full audit trails, ensuring compliance officers and external auditors can trace every assumption and figure back to source data.
The platform generates journal entries automatically and routes them to your GL system on a defined schedule—monthly, quarterly, or per lease commencement. Hubler tracks lease modifications, renewal terms, and early terminations, recalculating impacts and posting adjustments without manual intervention. Finance teams can set up approval workflows for lease contracts or accounting entries that require sign-off before posting, maintaining internal controls while accelerating the close cycle.
Hubler's reporting engine produces lease schedules, aging analyses, and financial statement disclosures that are audit-ready. Real-time dashboards show portfolio health, upcoming lease expirations, and payment obligations across locations and cost centers, giving operations and finance visibility into lease commitments that directly impact budgeting and capital planning.
Organizations using Hubler for lease accounting reduce close time by weeks, eliminate spreadsheet errors, and gain complete visibility into lease portfolios that span hundreds or thousands of properties. Finance teams reclaim time spent on manual reconciliation and can focus on strategic analysis. Compliance risk drops significantly when every lease is accounted for consistently and every calculation is auditable. For large retailers and service businesses managing real estate at scale, Hubler transforms lease accounting from a painful operational burden into an automated, controlled process that strengthens financial reporting and operational decision-making.