Black Owl
About Black Owl
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Most Helpful Reviews for Black Owl
3 Reviews
Scott
Capital Markets, 1,001-5,000 employees
Used weekly for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed October 2022
Lease Accounting Simplified
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.
CONSWe don't have any cons to share based on our experience with the software and team at Black Owl to date.
William
Information Technology and Services, 11-50 employees
Used weekly for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
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.
PROSCommunication 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.
CONSCurrently 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
Computer Software, 201-500 employees
Used monthly for less than 12 months
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed August 2022
Review of Black Owl Lease Accounting Software
Overall, our experience has been very positive.
PROSEase of use and quality of customer service.
CONSImprovements still needed in reporting functionality.