---
title: Black Owl Lease Accounting Solution Reviews
meta_title: 'Black Owl Lease Accounting Solution Reviews 2026: Details, Pricing, &
  Features | G2'
meta_description: Filter 24 reviews by the users' company size, role or industry to
  find out how Black Owl Lease Accounting Solution works for a business like yours.
aggregate_rating:
  rating_value: 5.0
  review_count: 24
  scale: '5'
date_modified: '2026-07-10'
parent_category:
  name: Real Estate
  url: https://www.g2.com/categories/real-estate
---

# Black Owl Lease Accounting Solution Reviews
**Vendor:** Black Owl Systems  
**Category:** [Lease Accounting Software](https://www.g2.com/categories/lease-accounting)  
**Average Rating:** 5.0/5.0  
**Total Reviews:** 24
## About Black Owl Lease Accounting Solution
Black Owl Systems is a lease accounting software solution that helps organizations manage lease portfolios and maintain compliance with ASC 842, IFRS 16, and ASPE 3065. The platform centralizes lease data and documentation while automating critical accounting workflows such as journal entries, amortization schedules, rollforwards, and disclosure reports, reducing manual effort during month-end close. Built for ongoing lease accounting and administration, Black Owl supports complex lease lifecycle events including modifications, reassessments, renewals, terminations, variable payments, and custom payment schedules. It also enables multi-entity and multi-currency reporting, helping finance teams maintain traceability from source data to final outputs while supporting scalable, audit-ready reporting.



## Black Owl Lease Accounting Solution Pros & Cons
**What users like:**

- Users value the **ease of use** of Black Owl Lease Accounting Solution, simplifying lease management and accounting processes. (9 reviews)
- Users value the **centralized lease management** of Black Owl, streamlining accounting tasks and enhancing accessibility for reporting. (9 reviews)
- Users appreciate the **comprehensive lease lifecycle management** of Black Owl, enhancing ongoing operations and reporting efficiency. (6 reviews)
- Users praise the **exceptional customer support** from Black Owl, highlighting its responsiveness and helpfulness during implementation. (5 reviews)
- Users value the **easy implementation** of Black Owl Lease Accounting Solution, praised for its seamless setup and ongoing support. (5 reviews)
- Helpful (4 reviews)
- Integrations (4 reviews)
- Time-saving (4 reviews)
- Users commend the **accounting accuracy** of Black Owl, highlighting its effectiveness in tracking lease portfolios seamlessly. (3 reviews)
- Customization (3 reviews)

**What users dislike:**

- Users face a **steep learning curve** initially, complicating the experience with Black Owl Lease Accounting Solution. (3 reviews)
- Users find the **initial lease upload process frustrating** and encounter issues with limited reporting and integration capabilities. (3 reviews)
- Users report **integration issues** with Black Owl, facing challenges with ERP connections and complex lease setups. (2 reviews)
- Users desire **stronger reporting solutions** in Black Owl, citing limitations and bugs in the current reporting module. (2 reviews)
- Users often struggle with **manual setup for complex leases** , facing a steep learning curve and limited integration options. (1 reviews)
- Implementation Issues (1 reviews)
- Interface Issues (1 reviews)
- Limited Customization (1 reviews)
- Software Issues (1 reviews)

## Black Owl Lease Accounting Solution Reviews
  ### 1. Black Owl eliminates errors, saves time and and makes reporting effortless

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Venture Capital & Private Equity | Mid-Market (51-1000 emp.)

**Reviewed Date:** May 14, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

Black Owl has simplified every aspect of our lease accounting. We are a PE firm with 14 operating companies across multiple industries, and we previously relied on large, manual Excel workbooks to track hundreds of leases. Now, the ability to easily add new companies, set up users, and add or modify leases, along with the push-button reporting capabilities, saves us significant time each month and quarter. We historically had errors and inconsistencies in our lease data which has been fully eliminated now that we're automated with Black Owl. The software has allowed our operating companies to focus on more value added work at month-end, rather than manually updating spreadhseets.

**What do you dislike about Black Owl Lease Accounting Solution?**

We have no downsides to note about Black Owl - We were one of the early adopters of the platform and from day one we've been impressed with the ease of implementation, the software itself and the excellent customer service from Greg, Derek and team.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

We have hundreds of leases and subleases across 14 companies which was very difficult to manage, time consuming to account and report on and prone to errors. Black Owl allowed us to fully automate the leasing process. We've eliminated hours of work every month and quarter across our portfolio. We can now feel confident in the integrity of our data and the push button reporting allows us to easily populate financial statement notes and proactively monitor maturity dates.

**Official Response from Greg Kautz:**

> Thank you for this review and for being with us from the early days. Your trust from the start meant a great deal to us, and watching it deliver exactly what you needed: eliminating errors, automating reporting, and giving your portfolio companies their time back at month-end is exactly why we built Black Owl.

We are proud to have you as a client. Thank you from Greg, Derek, and the whole team.

  ### 2. User-Friendly UI, Customizable Lease Hub Reports, and Excellent Onboarding Support

**Rating:** 5.0/5.0 stars

**Reviewed by:** Dillon Z. | Controller, Mid-Market (51-1000 emp.)

**Reviewed Date:** May 20, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

The UI is user friendly and easy to utilize. There is customization of reports in the lease hub which is very helpful when filtering data. There are a couple performance issues requiring refreshes of the browser, however, they are always resolved with the refresh. Excellent support during onboarding!

**What do you dislike about Black Owl Lease Accounting Solution?**

We are experiencing some difficulties with the import leases function for one specific user which is minor. Otherwise, no complaints.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

It is helping us reduce our reliance on our previous manual excel spreadsheet. Black Owl helps us mitigate human error in our lease reporting due to a large reduction in manual processing.

**Official Response from Greg Kautz:**

> Thank you so much for taking the time to share this feedback! It's great to hear that the UI and Lease Hub reporting customization are making a real difference in how your team works with lease data.

Eliminating manual Excel processes and reducing human error in lease reporting is exactly the outcome we build toward, so it's rewarding to know Black Owl is delivering on that for your team.

Thanks again for the kind words about onboarding support. We'll pass that along to the team.


  ### 3. Easy to Use with Great Customer Support

**Rating:** 5.0/5.0 stars

**Reviewed by:** Shekayla H. | Sr. Accountant, Mid-Market (51-1000 emp.)

**Reviewed Date:** January 27, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

Making the move to Black Owl has been a huge time saver for our companies’ lease accounting process, as we no longer need to rely on tedious spreadsheets to track and manage our leases. Our month-end reconciliation process has been vastly improved, and our lease reporting has become seamless. From the beginning of our implementation, their support team has always been incredibly responsive and helpful anytime we have a question or need assistance. We would absolutely recommend Black Owl to any company looking to enhance their lease accounting.

**What do you dislike about Black Owl Lease Accounting Solution?**

Ability to review the lease amortization schedule prior to submitting for approval.
More customizable reporting.
Email notification to the approver when a new lease / lease change is submitted for approval; likewise an email notification to the preparer when a lease has been approved.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Lease tracking no longer in spreadsheets, month-end reconciliation process has been significantly improved without the reliance on manual spreadsheets. More confidence in lease calculations.

**Official Response from Greg Kautz:**

> Shekayla, thank you for sharing your experience and for the great collaboration with your team. I am pleased the platform is helping streamline your lease accounting process. We recently released the email notification feature you mentioned as part of our ongoing commitment to improving our clients' workflows.

  ### 4. Amazing Black Owl Support and a Simple, Efficient Lease Accounting Workflow

**Rating:** 5.0/5.0 stars

**Reviewed by:** Amy G. | Senior Accountant, Enterprise (> 1000 emp.)

**Reviewed Date:** January 27, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

The support from Black Owl has been amazing. The software is easy to use and straightforward. The screens highlight the data points that matter and cut out a lot of the noise I’ve seen in other lease accounting software. The implementation process went smoothly due to the support from the Black Owl team.  They will lead you every step of the way.  I use this software on a daily basis to manage our lease portfolio.  The month end process is simple and efficient.

**What do you dislike about Black Owl Lease Accounting Solution?**

I’d like to see stronger reporting solutions in Black Owl. Right now, the reports feel limited. While you can filter items in the Lease Hub and save those filters, the options for formatting and selecting which records to include are still pretty restricted. There are also a few small bugs in the reporting module that should be corrected.  Black Owl is very responsive to suggestions and do an amazing job of implementing user suggestions.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

With Black Owl, we were able to bring our lease accounting administration in-house instead of paying a third party to manage our lease portfolio. Black Owl saves us a lot of time during month-end by creating the journal entries needed for each company. Entering a lease is straightforward and typically takes less than two minutes.

**Official Response from Greg Kautz:**

> Amy, thank you for sharing your experience and for the trust you placed in our team throughout your implementation. I am pleased the platform is supporting your daily workflow and month‑end process, and we are continuing to strengthen our reporting capabilities, your feedback is important for our ongoing product enhancements.

  ### 5. User-Friendly Lease Accounting with Seamless GL Integration and Great Support

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Accounting | Mid-Market (51-1000 emp.)

**Reviewed Date:** April 01, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

It’s very user-friendly and easy to navigate. Once we integrated over to Black Owl, it was very easy to learn how to navigate the system and teach other users how to use the system. Black Owl includes a journal entry integration that sends our monthly lease journal entries straight into the GL system, which has made our process much more efficient. They also offer a variety of management reports (roll forward, reconciliation, etc.) that are simple to use and helpful for tying our balances back to our Financial Reporting Tool. In addition, the Black Owl team is always willing to jump in when questions or problems come up, and they’re consistently knowledgeable and supportive. During implementation, we had to convert over 600+ leases, and Black Owl’s uploader template file made that conversion a lot easier and more efficient.

**What do you dislike about Black Owl Lease Accounting Solution?**

The system is still relatively new, so there are a few kinks to work through. We’re also hoping to see some enhancements added to the system soon.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

There are times when I need to add 100+ leases to the system, and Black Owl’s uploader template file has made that process much easier and more efficient. When there are lease terminations or modifications, Black Owl also helps by calculating the adjustment entries and generating the updated payment schedules. It automatically pulls in the IBR rate based on the lease term and related details.

Black Owl has saved me hours each month through the journal entry integration that sends our monthly entries straight to the GL system. In the past, I was spending hours manually creating a file with 2,000+ lines, and this automation has also helped prevent manual human errors. Overall, Black Owl has benefited me in multiple ways and continues to save me hours every month through the many automated functions it offers.

**Official Response from Greg Kautz:**

> I appreciate this thoughtful review. It is great to hear that the navigation, automation, and uploader have supported your workflow, especially with such a large volume of leases. We are always improving the platform and enhancing reporting and functionality in direct response to client needs.

  ### 6. Intuitive, Reliable Lease Accounting with Audit-Ready Reporting

**Rating:** 5.0/5.0 stars

**Reviewed by:** Meghan S. | Assistant Controller, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 25, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

Black Owl Lease Accounting Solution stands out for how intuitive and efficient it makes what is usually a complex process. One of its biggest strengths is the way it handles lease compliance requirements smoothly, without making the user feel overwhelmed.

The interface is clean and user-friendly, so you don’t have to be a technical expert to find your way around. It streamlines the full workflow, from lease entry through reporting, saving a significant amount of time and helping reduce the risk of manual errors. The automation features are a major plus, taking care of calculations, amortization schedules, and journal entries with impressive accuracy.

Reporting is another strong point. It produces clear, audit-ready reports that are easy to customize, which is especially helpful during month-end close or audits. The system also scales well; whether you’re managing a handful of leases or a large portfolio, it remains consistent and dependable.

Overall, it’s a reliable, well-designed solution that simplifies lease accounting and helps users feel confident in their numbers.

**What do you dislike about Black Owl Lease Accounting Solution?**

One of the main drawbacks of Black Owl Lease Accounting Solution is that parts of the reporting functionality can feel not as customizable as I would like. While it covers the essentials, added flexibility in formatting and more in-depth reporting options would make it even stronger.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Moving our ROU from Excel into Black Owl has saved our team hours of work, and it has made things easier for our external auditors as well.

**Official Response from Greg Kautz:**

> We're delighted to hear that Black Owl Lease Accounting Solution has streamlined your workflow and provided audit-ready reporting. Your feedback about the reporting functionality is valuable, and we will work to enhance the customization options to better meet your needs.

  ### 7. User-Friendly with Powerful Reporting

**Rating:** 5.0/5.0 stars

**Reviewed by:** Robyn O.

**Reviewed Date:** February 12, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

I really like Black Owl Lease Accounting Solution because the user interface is very user-friendly and attractive. The design is well thought out and the reporting package is sophisticated, which supports monthly reporting, internal management, and disclosure reporting. The ability to customize the solution to meet my company's specific business requirements is a huge plus. We have a lot of information at our fingertips through the reports, which adds efficiency and accuracy to our analysis.

**What do you dislike about Black Owl Lease Accounting Solution?**

I think foreign exchange is always kind of an ongoing improvement area. It's just naturally complex and very, very nuanced. They're taking steps in terms of scaling their size, which kind of has its own challenges. As they do scale and grow, their level of support and enhancement will, I think, be greatly increased in terms of turnaround. There are a few workarounds that I use in Excel right now that I would rather not have. That goes to just Black Owl's capability of turning around enhancements at a quicker pace, which I think comes with scaling. The initial setup was easy from a data conversion standpoint, but the challenges were around some of the sophisticated configurations and some integrations.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

I find Black Owl Lease Accounting Solution enhances reporting with its user-friendly interface and great reporting package, improving efficiency and accuracy in our analysis. It addresses issues with previous systems, particularly in handling finance and short-term leases, and enhances overall accounting accuracy.

**Official Response from Greg Kautz:**

> Thank you, Robyn. We appreciate your comments on the user experience and the strength of the reporting package for monthly, management, and disclosure reporting. We also appreciate your guidance on foreign exchange. It is a highly detailed area, and your feedback has helped shape major improvements to our multi-currency and foreign exchange capabilities. Thank you again for the partnership and for helping us keep the platform audit-ready as requirements evolve.


  ### 8. A Complete Lease Accounting Platform for Ongoing Operations

**Rating:** 5.0/5.0 stars

**Reviewed by:** Matt F. | Partner, Enterprise (> 1000 emp.)

**Reviewed Date:** February 05, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

In a prior role as a Big Four audit and advisory partner, I worked with multiple clients on lease accounting under ASC 842 and IFRS 16 and have seen first-hand what works well in ongoing operations.

Black Owl is one of the most complete lease accounting platforms I have seen in practice. It is built for ongoing operations, not just initial adoption.

It handles day-to-day lease lifecycle work well, including modifications, reassessments, terminations, renewals, and non-standard payment patterns.

It also supports complex requirements like multi-entity and multi-currency reporting, foreign exchange impacts, and both lessee and lessor accounting in a single platform.

The team understands lease accounting and the reality of month-end. I have recommended Black Owl to clients and I will continue to do so.

**What do you dislike about Black Owl Lease Accounting Solution?**

There is nothing that I dislike about the Black Owl Lease Solution.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Many lease accounting tools lead to spreadsheet workarounds, manual journal entries, and extra time spent rebuilding support for month-end and audit requests.

Black Owl reduces those workarounds by producing clean schedules and audit-ready support, even when lease data changes and scenarios get complex.

The benefit is a more controlled, repeatable month-end process with less manual effort and stronger support for internal controls and audit requirements.

**Official Response from Greg Kautz:**

> Thank you so much for sharing your experience, Matt. Your perspective as a former Big Four partner means a great deal, and we are grateful for your trust and continued recommendations.

  ### 9. Revolutionized Our Lease Accounting Process

**Rating:** 5.0/5.0 stars

**Reviewed by:** Megan C.

**Reviewed Date:** January 27, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

I appreciate that Black Owl Lease Accounting Solution provides all the calculations and schedules for all leases, making monthly adjusting journal entries quick and easy. I love having every bit of information for each lease in one spot for easy access at any time, which is crucial for year-end reporting and disclosures on the Reviewed Financial Statements. I enjoy the ability to generate journal entries for one specific lease or for all leases, and I can import these entries directly into the proprietary software my client uses. The software is dynamic enough to create the file type needed for export/import if it doesn't already exist. The ability to choose specific leases and time periods for running reports is incredibly valuable to me.

**What do you dislike about Black Owl Lease Accounting Solution?**

The hardest part for me has been uploading the leases to the system. The initial setup took a bit of time and got frustrating at times trying to upload the template without having warning errors to correct before trying again.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Black Owl solves the time-consuming task of lease calculations, providing quick journal entries, various reports, and monthly AJEs to import directly into the client's software. It simplifies compliance with ASC 842 GAAP and centralizes lease data for easy access.

**Official Response from Greg Kautz:**

> Megan, thank you for sharing such thoughtful feedback and for the care you put into your lease data. I am pleased the platform is supporting your process, and we are continuing to enhance our upload templates and warning messages to make that first‑time setup even better for our clients.

  ### 10. Seamless Leasing and Top-Notch Support

**Rating:** 5.0/5.0 stars

**Reviewed by:** Janice B. | Small-Business (50 or fewer emp.)

**Reviewed Date:** March 26, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

I use Black Owl Lease Accounting Solution to monitor our fleet of leased equipment. It streamlines the accounting process and accurately presents our leases at year-end. Our accountant is very impressed with the Black Owl Reports. I also appreciate the wonderful customer service; the team is always available to assist with any issues. The setup was made very easy, thanks to Greg, who organized user meetings and was quick to respond to any issues. Overall, it is a well-assembled program, and we're very pleased with it.

**What do you dislike about Black Owl Lease Accounting Solution?**

I have no dislikes

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

I use Black Owl Lease Accounting Solution to streamline the accounting process and accurately present leases at year end. Our accountant is very impressed with the Black Owl reports.

**Official Response from Greg Kautz:**

> Thank you for sharing this thoughtful review. I am pleased to hear the system has supported your fleet tracking and year-end process and that your accountant finds the reports valuable. I appreciate your note about the setup experience as well. Our team works hard to be available and helpful, and feedback like this means a great deal.

  ### 11. Centralized Ease of Use, Perfect for Lease Management

**Rating:** 5.0/5.0 stars

**Reviewed by:** Danny F. | Small-Business (50 or fewer emp.)

**Reviewed Date:** April 21, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

I like the ease of use and the ability to see all lease data in one central place. It's really easy and straightforward to set up new leases, subleases, and companies, which I find very helpful. Having all the leases in a central location is great, and I appreciate that it provides schedules and entries for each lease.

**What do you dislike about Black Owl Lease Accounting Solution?**

If there was a way to customize reports on my own to show only relevant information.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

I use Black Owl Lease Accounting Solution to track all our leases. It centralizes lease information, provides schedules and entries, and is easy to use.

**Official Response from Greg Kautz:**

> I appreciate you taking the time to write this. It is great to hear the platform’s structure and simplicity are helping your team. We are consistently enhancing our reporting features in direct response to client needs.

  ### 12. Time-Saving and User-Friendly with Stellar Support

**Rating:** 5.0/5.0 stars

**Reviewed by:** Kevin B.

**Reviewed Date:** January 29, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

I love that Black Owl Lease Accounting Solution is very user-friendly, and the support from Greg and Derek is excellent. They are always open to feedback and suggestions. It saves a great amount of time by eliminating manual calculations for things like the present value of right-of-use assets, lease liabilities, the incremental borrowing rate, and required disclosures under GAAP, especially when dealing with multiple leases. The integration with a client's proprietary accounting software and QuickBooks works perfectly. The initial setup was pretty painless, with Derek helping a lot with the setup process.

**What do you dislike about Black Owl Lease Accounting Solution?**

There is not much not to like.  It is a real problem solver.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Black Owl Lease Accounting Solution eliminates hours of manually calculating the present value of assets, lease liabilities, and GAAP disclosures, saving significant time, especially with multiple leases.

**Official Response from Greg Kautz:**

> Kevin, thank you for the fantastic review, we are glad Black Owl has made your lease accounting faster, easier, and fully automated. Derek and I appreciate your feedback and are always here to support you as your needs evolve.

  ### 13. Intuitive Lease Accounting with Exceptional Support

**Rating:** 5.0/5.0 stars

**Reviewed by:** Donna B.

**Reviewed Date:** January 28, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

I find the Black Owl Lease Accounting Solution to be very straightforward and intuitive, which makes managing our 100 equipment leases a lot less painful. I love that the implementation was very easy, and the team guided us through the process from start to finish. The software has a great support team that is very quick to respond to any questions I've had. The partnership with Black Owl is very beneficial, and they are wonderful to work with.

**What do you dislike about Black Owl Lease Accounting Solution?**

The reporting could be a little more robust, but as it is, we are able to get all the data we need to provide to corporate.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Black Owl Lease Accounting Solution simplifies complex lease accounting calculations like extensions and interest, making it easier to manage our 100 equipment leases.

**Official Response from Greg Kautz:**

> Donna, thank you for sharing your experience and for the great collaboration throughout your implementation. I am glad the platform is helping simplify your lease management process, and we look forward to continuing to support your team.

  ### 14. Streamlined Lease Management with Stellar Customization

**Rating:** 5.0/5.0 stars

**Reviewed by:** Faraz R.

**Reviewed Date:** January 28, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

I find Black Owl Lease Accounting Solution to be extremely stable, and I really appreciate how amazing the team has been in working with us to customize the solution for our organization. The user interface is simple and intuitive, which I really like. We've added a fair amount of features and customization around data transfers and ETL, and the end-to-end encryption works smoothly for sending and receiving data, especially when we load it directly into our SAP GL environment.

**What do you dislike about Black Owl Lease Accounting Solution?**

The security aspect is a bit cumbersome, but I know they are actively working to remedy that.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Black Owl Lease Accounting Solution centralizes our leases, assigns workflows, and manages FX, making lease management streamlined compared to our difficult-to-manage homegrown system.

**Official Response from Greg Kautz:**

> Faraz, thank you for sharing your experience and for the collaboration throughout your implementation. I am glad the platform’s stability, customization, and data automation are supporting your team, and we look forward to continuing to strengthen your lease management process.

  ### 15. Black Owl Lease Accounting Solution - The Perfect Solution!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Financial Services | Mid-Market (51-1000 emp.)

**Reviewed Date:** January 27, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

The software was quick to get set up and integrates well with our ERP platform NetSuite.  I cannot say enough about the customer support of Black Owl. Greg Kautz and his team were amazing during the implementation and have also provided quick turnaround in assisting us with ad hoc queries.  The software improved efficiency in our month end/quarter end and Year end process time, eliminating a process that was reliant on Excel and prone to errors.  The reporting and disclosure features are incredible resources for proving out cash flow items related to leases and responding to ad hoc queries.  The software becomes more impressive when handling changes to lease terms or managing unique lease terms such as rent-free periods etc.

**What do you dislike about Black Owl Lease Accounting Solution?**

There is nothing I dislike about Black Owl Lease Accounting Solution.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Improving efficiency in period end accounting by eliminating a process that was reliant on excel spreadsheets and prone to errors.  The software is also benefiting our ability to obtain information for budgeting, responding to ad hoc queries on leases and supporting our yearend lease accounting for audit purposes.

**Official Response from Greg Kautz:**

> Thank you for sharing your experience and for the trust you placed in our team during your implementation. I am pleased the platform is strengthening your period‑end processes and supporting your reporting needs, and we look forward to continuing to be a reliable partner for your lease accounting.

  ### 16. Effortlessly Eliminates Manual Lease Spreadsheets

**Rating:** 5.0/5.0 stars

**Reviewed by:** Mitch S. | Controller and Chief Accounting Officer

**Reviewed Date:** January 27, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

I like that Black Owl Lease Accounting Solution is very easy to use, which really helps in managing our company's leases and related accounting processes. The ease of uploading new leases into the system is another feature I value as it simplifies what used to be a more complex task. The initial setup was very easy too, and Black Owl was very helpful in implementing it.

**What do you dislike about Black Owl Lease Accounting Solution?**

I think that an approver of leases should receive a notification when there is a new lease for their approval.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Black Owl Lease Accounting Solution eliminates the need to maintain Excel spreadsheets and perform labor-intensive manual calculations.

**Official Response from Greg Kautz:**

> Mitch, thank you for sharing your experience and for the great collaboration with your team. I am pleased the platform is simplifying your lease accounting process, and the new email notification feature you mentioned is now available as part of our ongoing enhancements.

  ### 17. Accurate, Auditable IFRS 16 Lease Tracking Made Easy

**Rating:** 5.0/5.0 stars

**Reviewed by:** Raj C. | Director, Accounting, Mid-Market (51-1000 emp.)

**Reviewed Date:** January 16, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

Accurate IFRS 16 lease tracking

Reliable IFRS lease accounting

Clear, auditable lease reporting

Streamlined lease entries & tracking

Strong IFRS 16 compliance tool

Centralized and auditable leases

Accurate, automated lease entries

**What do you dislike about Black Owl Lease Accounting Solution?**

Manual setup for complex leases

Steep learning curve initially

Limited ERP integration

Rigid interface for analysis

Limited forecasting tools

Lack of changing nomenclature for unique name

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Simple Journal Entries
Accurate GL Reconciliation

**Official Response from Greg Kautz:**

> Raj, thank you for sharing your experience and for the trust you have placed in us over the years. I am pleased the platform continues to support your IFRS 16 workflow with accurate entries and clear, auditable reporting, and your feedback plays an important role in shaping the enhancements we deliver.







  ### 18. Automates Lease Accounting with Effortless Precision

**Rating:** 5.0/5.0 stars

**Reviewed by:** Daphne H.

**Reviewed Date:** January 27, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

I really appreciate that Black Owl Lease Accounting Solution eliminates the need to create manual journal entries and schedules. The automatically generated reports let me spend more time reviewing the activity rather than creating and reconciling reports. Black Owl Systems automates the tracking of our leases by creating journal entries, amortization tables, and necessary reports, which is incredibly helpful.

**What do you dislike about Black Owl Lease Accounting Solution?**

Nothing at this time.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Black Owl Lease Accounting Solution automates tracking leases by creating journal entries, amortization tables, and reports, eliminating manual entries. This automation lets me focus on reviewing activity, not creating reports.

**Official Response from Greg Kautz:**

> Daphene, thank you for sharing your experience. I am pleased the platform is making your work easier, and we truly appreciate the trust you’ve placed in us.

  ### 19. Black Owl Streamlined Our Lease Disclosures—Easy, Cost-Effective, and Fast

**Rating:** 5.0/5.0 stars

**Reviewed by:** Brent P. | President, Small-Business (50 or fewer emp.)

**Reviewed Date:** March 10, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

It consolidated a lot of Excel spreadsheets into a software solution.  It also automated lease disclosures saving a considerable amount of time.  Black Owl is very easy to use and easy to implement and integrate within the process.  Also very cost effective, especially when compared to other lease software packages.

**What do you dislike about Black Owl Lease Accounting Solution?**

We have yet to find anything significant.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Elimination of Excel spreadsheets, automating lease disclosures in financial statements.

**Official Response from Greg Kautz:**

> Thank you, Brent, for your review and feedback. You have been a true champion in introducing Black Owl to your clients.

  ### 20. SAP Integration That Adapts to Any Lease Terms

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Oil & Energy | Mid-Market (51-1000 emp.)

**Reviewed Date:** July 06, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

Integration with SAP. Flexibility to adapt to different lease terms

**What do you dislike about Black Owl Lease Accounting Solution?**

It's a smaller company so they don't necessarily have the same resources as a larger entity.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

It has helped us eliminate manual downloads and uploads, saving a lot of time/

**Official Response from Greg Kautz:**

> Thank you for the thoughtful review! We are glad the SAP integration and flexibility across lease terms have been useful and especially glad to hear it's cut out the manual download/upload work. Appreciate you taking the time to share this

  ### 21. Effortless Transition with Stellar Support

**Rating:** 5.0/5.0 stars

**Reviewed by:** Barry H.

**Reviewed Date:** January 28, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

I find Black Owl Lease Accounting Solution easy to use, which made transitioning from another software effortless. The customer support is excellent, and everything seems to work as needed. It's highly supportive with maintaining our leases and providing the necessary information for IFRS reporting.

**What do you dislike about Black Owl Lease Accounting Solution?**

N/a

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Black Owl Lease Accounting Solution maintains our leases and supports IFRS reporting.

**Official Response from Greg Kautz:**

> Barry, thank you for sharing your experience and for the smooth collaboration during your transition. I am pleased the platform is supporting your lease management and IFRS reporting needs, and we look forward to continuing to support your team.

  ### 22. The solution to our lease accounting problems.

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Construction | Enterprise (> 1000 emp.)

**Reviewed Date:** January 22, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

The team at Black owl has been very responsive to feedback and working with us.  Competing companies very much had a "take it or leave it" mentality.  
Black owl is very clearly driven to build the best lease accounting software in the industry.

**What do you dislike about Black Owl Lease Accounting Solution?**

I only wish that Black owl offered solutions to other accounting problems!

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Black owl has helped us transition our lease accounting from our previous process which involved  multiple spreadsheets and a roughly re-purposed fixed asset module, to an all encompassing solution with proper controls and reporting functionalities

**Official Response from Greg Kautz:**

> Thank you for sharing your experience and for the partnership as your team moved away from spreadsheets and into a more controlled workflow. I am pleased the platform is supporting your lease accounting needs, and we appreciate the encouragement as we continue expanding what Black Owl's offerings.

  ### 23. Product User Review

**Rating:** 4.5/5.0 stars

**Reviewed by:** Mike M. | Senior Accountant, Enterprise (> 1000 emp.)

**Reviewed Date:** August 14, 2025

**What do you like best about Black Owl Lease Accounting Solution?**

We have transitioned from a mix of Excel and limited ERP-based reporting into Black Owl during 2025. The switch to Black Owl has been a game changer for effectively tracking our existing lease portfolio. Our old tracking methods were reaching their limit and the cutover to Black Owl was a necessary and welcome change in processes for the better. Black Owl has been hands on during my implementation window and always there to help if I have questions or concerns along the way. Would recommend Black Owl to anyone looking for a more robust lease accounting/lease portfolio tracking solution.

**What do you dislike about Black Owl Lease Accounting Solution?**

I have no negative comments to provide at this time.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

Black Owl is helping our accounting team accurately track/report on our existing lease portfolio.

**Official Response from Greg Kautz:**

> Thanks for the review. Glad to hear the move off spreadsheets made such a difference for your team. We appreciate the shout‑out on implementation support and are glad the platform is helping you manage the portfolio more effectively.

  ### 24. Easy to Use Software with Exceptional, Responsive Customer Service

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Telecommunications | Enterprise (> 1000 emp.)

**Reviewed Date:** February 02, 2026

**What do you like best about Black Owl Lease Accounting Solution?**

This software is easy to use, with an intuitive interface. Their customer service is exceptional; responsive, knowledgeable, and genuinely helpful.

**What do you dislike about Black Owl Lease Accounting Solution?**

Compared to other platforms I have used, there is nothing I dislike.

**What problems is Black Owl Lease Accounting Solution solving and how is that benefiting you?**

We have not had problems requiring solutions.

**Official Response from Greg Kautz:**

> Thank you for the wonderful feedback, we are pleased the platform feels intuitive and that our team has been able to support you so well. We appreciate you being with us and are always here whenever you need a hand.



- [View Black Owl Lease Accounting Solution pricing details and edition comparison](https://www.g2.com/products/black-owl-lease-accounting-solution/reviews?section=pricing&secure%5Bexpires_at%5D=2026-07-10+15%3A25%3A36+-0500&secure%5Bsession_id%5D=cdffc2fc-5e27-45cc-9726-2e8a6842fc8e&secure%5Btoken%5D=80507cc323195469d8cdbb27d2d5b217582823abb3a8d611f8f6d21cecb1c6ec&format=llm_user)
## Black Owl Lease Accounting Solution Integrations
  - [Dynamics 365 Commerce](https://www.g2.com/products/dynamics-365-commerce/reviews)
  - [ERP and Business Process Transformation](https://www.g2.com/products/erp-and-business-process-transformation/reviews)
  - [JD Edwards World](https://www.g2.com/products/jd-edwards-world/reviews)
  - [Microsoft 365 Monitoring and Reporting](https://www.g2.com/products/microsoft-365-monitoring-and-reporting/reviews)
  - [NetSuite](https://www.g2.com/products/oracle-netsuite/reviews)
  - [Oracle Accounting Hub Cloud](https://www.g2.com/products/oracle-accounting-hub-cloud/reviews)
  - [Oracle Fusion Cloud Financials](https://www.g2.com/products/oracle-fusion-cloud-financials/reviews)
  - [QuickBooks Commerce](https://www.g2.com/products/quickbooks-commerce/reviews)
  - [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews)
  - [Sage](https://www.g2.com/products/sage-finance-sage/reviews)
  - [Salesforce and Sage Business Cloud](https://www.g2.com/products/salesforce-and-sage-business-cloud/reviews)
  - [Salesforce Order Management](https://www.g2.com/products/salesforce-order-management/reviews)
  - [SAP Advanced Financial Closing](https://www.g2.com/products/sap-advanced-financial-closing/reviews)
  - [SAP Analytics Cloud](https://www.g2.com/products/sap-analytics-cloud/reviews)
  - [Workday Financial Management](https://www.g2.com/products/workday-financial-management/reviews)
  - [Xero](https://www.g2.com/products/xero/reviews)

## Black Owl Lease Accounting Solution Features
**Lease Administration Platform Features**
- Portfolio Administration
- Lease Accounting
- Lease Auditing
- Document Management
- Critical Date Alarms
- Regulatory Compliance
- Localization
- Integration / APIs
- Reporting
- Dashboards

**Functionality**
- Lease Audit
- Portfolio Administration
- Critical Date Alarms

**Integration**
- Real Estate
- ERP System

**Agentic AI - Lease Administration**
- Cross-system Integration
- Proactive Assistance
- Decision Making

**Automation**
- Reporting
- Lease Data

**Operational**
- Regulatory Compliance
- Accessibility

**Agentic AI - Lease Accounting**
- Multi-step Planning
- Cross-system Integration
- Proactive Assistance
- Decision Making

## Top Black Owl Lease Accounting Solution Alternatives
  - [LeaseQuery powered by FinQuery](https://www.g2.com/products/leasequery-powered-by-finquery/reviews) - 4.6/5.0 (526 reviews)
  - [Visual Lease](https://www.g2.com/products/visual-lease/reviews) - 4.4/5.0 (379 reviews)
  - [CoStar Real Estate Manager](https://www.g2.com/products/costar-real-estate-manager/reviews) - 4.4/5.0 (352 reviews)

