LeaseQuery added new artificial intelligence (AI) capabilities to enable lease abstraction and lease entry. This will allow LeaseQuery to automate key parts of its implementation process, offering customers a seamless onboarding experience.

“With accounting expertise being the core of our business, we realize the immediate value AI brings to lease accounting,” Andrew Larson, chief technology officer at LeaseQuery, said. “Using AI to accelerate onboarding sets the foundation to build more elaborate AI and machine learning services within our current and future products.”