Enterprise-Grade Security

✓ Hosted in a secure, SOC & ISO-certified AWS cloud.
✓ SOC audits by Big 4 auditors for additional controls.
Uncompromising security.

Why Modern Accounting Leaders
Start with the Contract

Changes to the balance sheet may affect contractual agreements or debt covenants. Organizations should work with lenders through the normal course of business to amend debt agreements, if necessary, before the standard is adopted to avoid losing access to financing.

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The adoption effort revealed that for many companies, centralized access to all sorts of contracts—leases, revenue contracts, vendor contracts, and many more—is typically rare. These siloes can lead to missed opportunities.

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Technology Could Slow Pace of New Accounting Rules, Regulators Say

"FASB Chairman (Russ Golden) said he was ‘disappointed’ that many software companies weren’t ready for lease-accounting rules."

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CFOs can lead an innovation agenda around AI by showing stakeholders how investments can translate into value, whether that’s topline growth or some type of bottom-line efficiency.

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The task is arduous and complicated: Accountants are scouring thousands of bills and contracts to determine if they must change. Tech departments are upgrading their systems and investing in expensive new software as they work to ensure their increasingly automated finance operations can keep up.

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AI-Powered Accounting Modules

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Contract Intelligence

AI-Powered Extraction

Illuminate a contract in < 10 seconds to detect critical data for GAAP & IFRS compliance, without having to enter data manually.

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Revenue Recognition

ASC 606 & IFRS 15

Accelerate your revenue recognition process by automatically extracting key data from the original contract and creating compliant entries.

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Lease Accounting

ASC 842, IFRS 16 & GASB 87

Modernize your accounting process, connected to the original contract. Upload any lease to generate IFRS 16, ASC 842 & GASB 87 entries.

Upgrade Your Accounting Process

See how Smrt can help you streamline your accounting with AI.

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How It Works:
The World's First 360° Audit Trail

Step 1

Upload Any Contract.

You’re an accounting team with 10… 100s…1000s of contracts to read.

Our software finds critical data within any contract type: sales, leases, complex vendor, employee agreements, financing & more.

upload any type of contract
automatically extract contract data
Step 2

Contract Extraction.

90% of a business’s operational data is locked up in unstructured data, like PDF contracts. These are large, complex images.

Our software uncovers critical data points such as dates, financial transactions, options, events and risk- automatically.

Step 3

100% Audit-Ready Workflow

Our software helps manage the end-to-end workflow for modern accounting leaders.

We generate critical data and workflows, including GAAP, IFRS & GASB ready data for your audit, close process, or ERP.

generate GAAP and IFRS compliant journal entries

From Our Blog

Still Manually Entering Contracts?

Trusted by leading CFOs, Controllers & audit firms around the world.
Upgrade to Modern AI Accounting Technology.

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