Tech News: LeaseCrunch adds reports center

Lease accounting software provider LeaseCrunch announced the addition of a new Reports Center to its software, where users can store key report insights, along with the actual exported reports for a period of 45 days. In addition, multiple reports can be downloaded at the same time so users can continue working while the reports are being generated, allowing for better productivity and report recall for audit and analysis.

In addition to the new Reports Center, the company has released updates within the amortization schedule export that provide more detailed data sets for users, create consistency between standard guidelines, and enable users to reconcile accounts in less time.

The Financial Accounting Standards Board in its Feb. 1 meeting voted to advance its first standard on cryptocurrencies and digital assets. The exposure draft is set to be released in late March and stakeholders will have 75 days to comment (see previous story). The board voted to exclude creators and issuers of crypto tokens from the scope, as well as "wrapped" tokens. Staff clarified, though, that cryptocurrency miners would not count as creators or issuers and so would be in the scope of the proposed standard.

Corporate performance management solutions provider OneStream announced a strategic alliance for the French market. As part of the partnership, PwC France will further develop its OneStream implementation practice and leverage the PwC network to serve joint customers in France and across the EMEA region. PwC France will also apply its industry and domain expertise to create compelling industry-specific solutions with OneStream for clients across the market.