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Given the number of decentralized transactions involved, their complexity and their overly manual nature, lease accounting has traditionally existed in the shadows of many companies. Increased scrutiny on the part of regulators and accounting rule setters has changed that, as has recent advances in automation. San Francisco-based Captara Corp. is one of the vendors advancing the art of bringing more standardization to large company leasing. Now, Captara has taken its Web-based, on-demand solution into a whole new category, with functionality aimed at keeping track of real estate leasing transactions and looking for ways to improve them. With the release, companies will have a single solution for enterprise-wide leasing activity involving equipment, information technology, transportation, telecommunications and real estate. “Real estate leasing has caused a lot of problems because there’s a lot of complexity,” says Rick Ludlow, CEO of Captara. “Our focus on real estate functionality is to provide customers with an end-to-end solution for all their leasing needs.”

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