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🔄 Automating and simplifying the complexities of Lease Accounting | Adam Riches
Today I’m speaking with Adam Riches, CEO & Co-Founder of Netgain
In this episode, we talk about . . .
- Adam Riches discusses the new lease accounting standards IFRS 16 and ASC 842, and how Netgain helps clients navigate the complexities
- Riches shares how Netgain automates lease data extraction from contracts using AI to save accountants time
- The challenges of managing cash flow visibility and bank reconciliations for businesses are highlighted
- How Netgain's tools like its close module help speed up the month-end close process and improve data quality
- The history of accounting software development is examined, from mainframes to Excel, and how Netgain aims to continue innovating
- Potential applications of AI in accounting are explored, such as automating bookkeeping tasks and catching previously overlooked errors
Contact details:
Â
Adam Riches linkedin.com/in/adam-riches-cpa
Netgain: https://www.netgain.tech/Â
Accounting Apps newsletter: http://HeatherSmithAU.COM
Accounting Apps Mastermind: https://www.facebook.com/groups/XeroMasterMindÂ
LinkedIn: https://www.linkedin.com/in/HeatherSmithAU/Â
YouTube Channel: https://www.youtube.com/ANISEConsultingÂ
X: https://twitter.com/HeatherSmithAUÂ
Â
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By Heather Smith | Accountant & Storyteller
5
11 ratings
Today I’m speaking with Adam Riches, CEO & Co-Founder of Netgain
In this episode, we talk about . . .
- Adam Riches discusses the new lease accounting standards IFRS 16 and ASC 842, and how Netgain helps clients navigate the complexities
- Riches shares how Netgain automates lease data extraction from contracts using AI to save accountants time
- The challenges of managing cash flow visibility and bank reconciliations for businesses are highlighted
- How Netgain's tools like its close module help speed up the month-end close process and improve data quality
- The history of accounting software development is examined, from mainframes to Excel, and how Netgain aims to continue innovating
- Potential applications of AI in accounting are explored, such as automating bookkeeping tasks and catching previously overlooked errors
Contact details:
Â
Adam Riches linkedin.com/in/adam-riches-cpa
Netgain: https://www.netgain.tech/Â
Accounting Apps newsletter: http://HeatherSmithAU.COM
Accounting Apps Mastermind: https://www.facebook.com/groups/XeroMasterMindÂ
LinkedIn: https://www.linkedin.com/in/HeatherSmithAU/Â
YouTube Channel: https://www.youtube.com/ANISEConsultingÂ
X: https://twitter.com/HeatherSmithAUÂ
Â
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