Compliance Automation
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General Concepts
Compliance automation in lease accounting refers to using software to automatically perform the calculations, journal entries, disclosures, and reporting required by lease accounting standards. It replaces manual spreadsheet-based processes with platform-driven workflows.
Why it matters
Manual lease accounting compliance is unsustainable for portfolios beyond a handful of leases. Each lease requires initial measurement, periodic journal entries, modification handling, and disclosure data. multiplied by every lease in the portfolio, every reporting period. Automation reduces errors, accelerates close timelines, and frees accounting teams for analysis and judgment.
AI-native platforms like Arvexi Cortex take compliance automation further by continuously monitoring compliance status, flagging exceptions, and generating audit-ready documentation.
How Arvexi handles this
Arvexi automates the complete compliance workflow: document extraction, classification, initial measurement, periodic entries, modification handling, and disclosure generation. The platform produces audit-ready outputs for ASC 842, IFRS 16, GASB 87, GASB 96, and FRS 102. Arvexi Cortex adds an AI layer that continuously monitors compliance status, flags exceptions, and generates audit-ready documentation across every standard.
Explore how Arvexi automates this: Document Intelligence · Intelligence · Lease Accounting · Lease Review