Greg Kautz and Kevin Appleby discussed the challenges of lease accounting and the need for technology to streamline these processes. Greg highlighted the benefits of automating lease accounting, while Appleby questioned the need for separate accounting rules for lessees and lessors. Later, the pair discussed the benefits of leasing assets for business growth, emphasizing the importance of considering leasing as an option for expansion. Finally, they discussed the challenges of fundraising in the current market, with Greg sharing their company's journey and Appleby providing insights on market conditions.

Key topics covered include:

Greg Kautz's career transition from finance leadership roles to co-founding a lease accounting software company with his son

An overview of the lease accounting software they developed called Black Owl Lease Accounting, which aims to solve issues with existing solutions

A discussion of lease accounting standards and why lease accounting is important for businesses

How they developed the initial prototype, hired staff, and grew the company

Challenges they faced finding the right technical staff

Their plans for future fundraising, global expansion, and growth of the company

Reminiscing about the early days of accounting before technology from Kevin Appleby and Greg Kautz's perspective

https://youtu.be/gCOyz10LBp4

Links

Greg Kautz on LinkedIn

Kevin Appleby on LinkedIn

GrowCFO Mentoring

Timestamps

0:00 - Introduction of Greg Kautz and his career transition

4:20 - Overview of lease accounting software Black Owl Lease Accounting

7:30 - Discussion of lease accounting standards and importance for businesses

11:00 - Developing the initial prototype and hiring staff

14:15 - Challenges finding the right technical staff

17:10 - Future fundraising plans and market growth

19:50 - Reminiscing about early accounting days before technology

26:50 - Selling the software to CFOs and other buyers

29:15 - Greg Kautz's future plans and not retiring anytime soon

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