RFP: Lease Accounting Software and Implementation Partner

Background:

US GAAP Standard – ASC 842 requires changes to the reporting of operating leases. Prosper Global fiscal year starts July 1, therefore, during the period January – June 2022, Prosper Global Corporate Finance Team is tasked with implementing the standard. Our fiscal year 2021 inventory of leases for our audit showed that our global lease population is approximately 400.

After a review of peer organizations implementing the new standard, Prosper Global will be selecting a software solution and an implementation partner.