Datasheets

tangoanalytics.com 2 LEASE ITEMS Streamline abstraction and manage key lease items from an easy-to-use interface. Capture all required lease data, including key terms and dates, to ensure compliance with all lease terms and lease accounting regulations: • Automatically capture basic lease details and handle default calculations, including pro rata share. • Support everything from a basic abstraction of key dates and dollars to a more detailed and thorough abstraction. • Set up rent and other periodic expenses with full flexibility regarding payment frequency, multi- currency support, and automated sales and value- added tax calculations. Centralized view of all lease details. Built-in capabilities for a user to generate a detailed, formatted lease abstract PDF with a single click: • Automatically create a lease abstract (including options, recurring schedules, etc.) for further review, tuning, and processing through an automated quality assurance audit and approval workflow. • Structure raw lease clause data using a consistent question-and-answer protocol to transform unstructured clause language into strategic lease portfolio information and analytics. • Extensive configurability: all field labels and drop- down values are client-definable. LEASE MODIFICATIONS Ensure regulatory compliance by recording the who, what and when. Built from the ground up to comply with the new IFRS, FASB, and GASB lease accounting standards and manage all lease types, including real estate, equipment, and embedded leases: • Approval workflows provide quality assurance checks on abstracts and tiered financial approvals based on client-specific governance and business rules. • Keep a record of all changes and historical notes from lease inception to termination, including historic value, updated value, and user, date and the time the change was made. • Amend an approved lease, document the reason and record the historical versus amended state based on amendment type. To learn more about Tango Lease, visit tangoanalytics.com EQUIPMENT LEASES Actively track and manage all equipment leases across the enterprise. Centralize management of all equipment leases to mitigate risk, avoid missing critical dates and support compliance to regulatory standards: • Visibility into lease term, options and expenses will ensure you never miss a key date or status change. • Consolidate all equipment leases in a central repository for easy reporting and FASB/IFRS/GASB compliance. • Built-in testing to determine if the lease is Capital (Finance) or Operating.

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