Why Lease Accounting Implementations Shouldn't Take 6 Months
An implementation specialist who spent seven years onboarding companies onto one of the largest lease accounting platforms told us what keeps customers from switching:
"That's the biggest thing that would keep clients from wanting to make that leap: being fearful of the implementation timeline."
Six to eight months. That is the standard implementation timeline for enterprise lease accounting software. Not because the software is complex to configure. Because humans have to read every PDF.
The timeline
Here is what a traditional implementation looks like versus Arvexi. The difference is not incremental; it is structural.
The entire traditional timeline is dominated by a single activity: manual lease abstraction. A human reads each PDF, extracts 20-40 fields, enters them into a CSV template, uploads in batches of 150 (a platform limitation), and iterates through weeks of error correction cycles.
The economics
At $75-$150 per lease for manual abstraction, a 1,000-lease enterprise portfolio costs $100K+ in data entry alone, before you pay for the software. The implementation specialist confirmed this:
"They charged $75 to $150 per lease. Implementation took six to eight months."
The absurdity: these platforms already store all the right data structures. The amortization engine works. The journal entry generator works. The bottleneck is getting data into the system, not what the system does with it.
The 4 bottlenecks
Every traditional implementation hits the same four sequential bottlenecks. Each one adds weeks. Together they compound into months.
"Our system had limitations where we could only upload about 150 at one time."
"Line 99 of part A was missing the end date. The client may take an additional two weeks to make corrections."
The key insight: all four bottlenecks stem from the same root cause: manual data entry. Remove that, and the entire timeline collapses.
Automation coverage
AI extraction doesn't just speed up abstraction. It eliminates three of the four bottlenecks entirely and automates 90% of the fourth.
The remaining manual work is confidence-gated QA: reviewing the ~15-20% of fields where the model's confidence falls between 0.80 and 0.95. Five always-review fields (classification, interest rate, purchase option price, termination penalty, guarantee amount) require human sign-off regardless of confidence. Everything else auto-accepts at ≥0.95.
The result: 250 person-hours of QA review becomes 25-40 hours. Implementation timelines measured in weeks, not months.
See Document Intelligence to learn more about these capabilities.
Previous: What-If Analysis Without the Spreadsheet