Aurgus reads your leases and hands back auditor-ready schedules — ROU asset, lease liability, straight-line expense, variable rent — with every figure traced to the source clause. A person signs before anything posts. Built for controllers whose ERP lease module leaves gaps.
Oracle Fusion and NetSuite give you a general ledger, fixed assets, and amortization — but no purpose-built lease engine. So the real ASC 842 work falls back to spreadsheets, and spreadsheets break where it matters.
Upload the lease; Aurgus extracts the terms that drive the numbers — commencement, payments, index/variable terms, options, discount rate.
ROU asset, lease liability, straight-line expense, and variable rent — computed deterministically, with the journal entries ready for your GL.
Each number links back to the exact lease clause it came from. The evidence chain is the artifact your auditor asks for — not a spreadsheet formula.
The model proposes, a rule decides, a person signs, the record proves. A governed close — nothing hits the ledger un-reviewed.
“Controllers shouldn’t have to defend a spreadsheet formula to an audit partner.”
Full lease-administration suites have breadth and track record. Aurgus is narrower and sharper: the traceable, governed close itself.
Established lease-administration platforms cover large portfolios end-to-end — abstraction services, GASB, long G2 track records. If you need a full lease-admin team-in-a-box, that’s them.
Every number links to its source clause, a person signs before anything posts, and you can see the proof on your own lease in minutes — no quote-gated sales call to find out if it works.
Bring one ASC 842 lease. Get the schedules back with every figure traced to its clause — the proof your auditor is going to ask for.