Arvexi

Arvexi provides a specialized software solution to help businesses manage their lease accounting. It is designed to simplify and speed up the complex tasks involved in tracking leases, making it easier for accounting departments to handle financial reporting.

Benefits

Arvexi helps accounting teams save a significant amount of time by automating lease reconciliation. It can convert lease documents into ready-to-use journal entries, which speeds up the process of finalizing financial statements. The platform is flexible and can fit into existing work processes.

Use Cases

This tool is ideal for companies that manage a large number of leases. It can be used to extract information from lease documents, create amortization schedules, and generate reports for compliance and portfolio analysis. It also assists with preparing for audits and creating necessary disclosures.

Vibes

Customers have shared positive experiences with Arvexi. For example, Apex Commercial was able to cut their lease closing time from two weeks down to just two days. Meridian REIT automated the extraction of over 200 leases in under a week. Summit Advisors no longer needs to manually enter journal entries for 12 different companies. Cascade Property Group achieved compliance with ASC 842 standards in just 30 days, and Vanguard Leasing reduced the time spent preparing for audits from weeks to days.

Additional Information

Arvexi places a strong emphasis on security and privacy. The company holds several important certifications, including SOC 2 II, CCPA compliance, ISO 27001, and SOC 1 Type II. These certifications show that Arvexi follows strict rules to protect data and ensure the security and availability of its services, especially for financial reporting.