Webster Joins LeaseAccelerator as VP of Professional Services

Bevan Webster joined LeaseAccelerator as vice president of Professional Services. Webster has more than a decade of experience in leading complex accounting change projects and treasury systems implementations for multinational organizations around the world. Earlier in his career, he played a key role in helping multinational clients transition to the new hedge accounting standards. Prior to joining LeaseAccelerator, Bevan was the vice president of Professional Services at Reval, a leading cloud-based treasury and risk management provider.

“Accounting change projects are some of the most challenging professional services engagements in the industry. Not only do these projects drive significant operational changes across the business, but there typically are few industry benchmarks, best practices and case studies to learn from,” Webster said. “I’m looking forward to working with the LeaseAccelerator customers to help them overcome these challenges and meet their rapidly approaching implementation deadlines.”

The scope of Webster’s role will include responsibility for implementing all new enterprise lease accounting software projects for the LeaseAccelerator customer base. He will lead a team of project managers, implementation consultants and technical lease accountants that will enable customers to perform the data collection, software configuration and user acceptance testing activities needed to go live. Additionally, he will work with LeaseAccelerator’s growing community of certified implementation partners that are involved in delivering lease accounting projects for our mutual customers.

“Many companies are assuming that lease accounting is a financial reporting project contained to the four walls of the Controller’s organization, but the new standards will require business process transformation efforts coordinated across multiple departments,” said Jay McGlynn, chief revenue officer of LeaseAccelerator. “Bevan understands the hidden complexities with these type of major accounting change projects. And I am looking forward to working with him to help our customers and partners navigate these challenges as they race to complete their lease accounting projects by their internal deadlines.”

LeaseAccelerator offers a SaaS solution for enterprise lease accounting, enabling compliance with the current and new FASB and IFRS standards. Using LeaseAccelerator’s proprietary Global Lease Accounting Engine, customers can apply the new standards to all categories of leases including real estate, fleet, IT and other equipment at an asset-level. On average, LeaseAccelerator’s Lease Sourcing and Management applications generate savings of 17% on equipment leasing costs with smarter procurement and end-of-term management.

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