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Lease Accounting with Tango
Built from the ground up to comply with new FASB and IFRS regulations
With occupancy costs representing one of the largest enterprise expenses for many organizations, the administration and accounting for hundreds—or thousands—of leases is critical to your success.
Tango’s lease administration and accounting solution addresses the day-to-day operational requirements of lease administration and accounting, provides stewardship over your occupancy costs, and ensures compliance to lease accounting standards FASB ASC 842 and IFRS 16.
Tango’s team helped pioneer the lease administration and accounting space, developing and implementing some of the earliest versions of today’s solutions at many of the world’s largest and most recognized companies, including Wendy’s, Reliance Steel & Aluminum Co. and Snooze Eatery. With more than 20 years of experience, Tango has amassed a deep understanding of industry needs and built its lease administration and accounting solution from the ground up to solve old problems in new ways.
Compliant: Fully compliant and independently tested to meet the new lease accounting standards (ASC 842 and IFRS 16) and SSAE No. 18, including SOC 1, Type 2 and SOC 2, Type 2.
Complete: Lease accounting, financials and administration in a single solution
Scalable: Priced to fit your budget, quick to implement and easy to use
Proven: More than $1 billion in monthly lease payments processed and used by the world’s leading corporations and real estate and accounting firms
Trusted: Backed by the most experienced team in the industry with more than 500 combined years of lease accounting and administration experience
Download the ASC 842 Selection Guide
Road to Lease Compliance Podcast Series
Fixed & Variable Payments, Discount Rate and Sale-Leasebacks - The latest episode in Tango’s Road to Lease Compliance Podcast Series focuses on the policy stage of the road to lease compliance and will unpack several important policy areas, including fixed and variable payments, discount rates, and sale-leasebacks and the impact of each under the new FASB ASC 842. Listen now>
Lease and Non-Lease Components - In this next podcast focused on the new policies, we talked about one of the first steps an organization must undertake if a lease is embedded in a contract, and that is distinguish between the lease and non-lease components of that contract. Listen now>
The Definition of a Lease - Inventorying your entire lease portfolio is an important part of compliance to the new FASB and IFRS lease accounting standards. But first, you need to be able to identify your entire lease portfolio – including your real estate, equipment and embedded leases. The exercise is potentially more challenging than you might suspect. Listen now>
How can we help you?
Contact us by phone 800.274.3978 or
submit your questions, comments, or proposal requests.