Black Owl 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
User Reviews

Overview

Black Owl

4.7

(3)

Pricing

Pricing available upon request

About Black Owl

Black Owl is a lease accounting software that helps businesses in the finance sector monitor and manage lease contracts in accordance with IFRS 16 and ASC 842 compliance standards. The platform enables managers to record and reconcile lease adjustments as well as entries on a unified interface.

Administrators can generate lease schedules, track variable costs and process payments. Additionally, it lets stakeholders gain insights into contract hierarchy and conduct audit trails using a centralized dashboard.

Black Owl Screenshots

Black Owl Pricing and Plans

Starting price: Connect with an advisor for pricing

Free Trial

Free Version

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Black Owl Features

Popular features found in Lease Accounting
Amortization Schedule
Asset Lifecycle Management
Capitalization Reporting
Critical Date Alerts
For Equipment Leases
For Real Estate
Tax Management
More features of Black Owl
Accounting
Accounting Integration
Activity Dashboard
Ad hoc Reporting
Alerts/Notifications
API
Audit Management
Audit Trail
Budgeting/Forecasting
Commercial Leases
Compliance Management
Contact Database
Contact Management
Contract/License Management
Currency Conversion
Customer Database
Customizable Reports
Dashboard Creation
Data Import/Export
Document Management
Document Storage
Expense Tracking
Lease Origination
Multi-Currency
Multi-Location
Portfolio Management
Property Management
Real-Time Reporting
Reminders
Reporting/Analytics
Reporting & Statistics
Residential Leases
Search/Filter
Task Management
Third-Party Integrations
Transaction History
User Management
Vendor Management
Workflow Management

Black Owl User Reviews

Overall Rating

4.7

Ratings Breakdown

67%

33%

Secondary Ratings

Ease of Use

5.0

Value for money

5.0

Customer support

5.0

Functionality

4.7

Have you used Black Owl and would like to share your experience with others?

Scott M.

Verified reviewer

Capital Markets

1001-5000 employees

Used weekly for less than 12 months

Reviewed October 2022

Lease Accounting Simplified

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

We are a private equity firm with 13 operating companies and over 200 leases / subleases in multiple currencies which we previously tracked manually in excel. The Black Owl software helped streamline our processes, removed the burden and frustrations of manual spreadsheets and freed up time in our month-end and quarter end. We felt well supported during the entire implementation process and have been very impressed with the ongoing customer service. The software has a great look and feel and is very intuitive to use. Creating a new lease is quick and easy and the push button reporting functions have simplified our month-end and quarterly disclosures. Being the administrator of the software, I like how straightforward adding companies and updating the master data is. Overall we have been very impressed with the software and the team at Black Owl and would recommend it to anyone whose dealing with the frustrations created by the new leasing standard.

Cons:

We don't have any cons to share based on our experience with the software and team at Black Owl to date.

William L.

Verified reviewer

Information Technology and Services

11-50 employees

Used weekly for less than 12 months

Reviewed September 2022

Black Owl Lease Accounting

Overall engagement with Black Owl Leasing from sales to project execution has been pleasant and as expected. Black Owl Leasing did not sell us anything that could not be delivered out of the box or provided quickly when we identified the need.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Communication with the Black Owl team from executives down to the consulting level was easy and responses to our questions were addressed on a timely basis. Features and functionality demonstrated were either delivered out of the box during implementation or addressed very quickly at our request.

Cons:

Currently we are using Black Owl Leasing outside of our ERP system with the plan to integrate it fully into JD Edwards so at this time, we have to do manual journal entries until the integration is complete.

Terri E.

Verified reviewer

Computer Software

201-500 employees

Used monthly for less than 12 months

Reviewed August 2022

Review of Black Owl Lease Accounting Software