Arvexi

Arvexi is an AI-powered tool designed to automate and streamline lease accounting processes. From document extraction to creating journal entries, Arvexi automates various steps, significantly reducing the time and effort needed for these tasks. The platform's capabilities, such as analysing lease PDFs, extracting critical data, and automatic generation of journal entries and amortization schedules, make it a valuable asset for controllers, CFOs, audit teams, and accounting firms.

Arvexi automates lease accounting processes by employing AI to read, extract, and analyze data from lease PDFs. It extracts critical information such as clauses, dates, and dollar amounts from the documents without needing any templates or setup. The tool is further capable of automatically generating journal entries, amortization schedules, and disclosure reports, thereby facilitating faster month-end closing.

Arvexi complies with numerous accounting standards, notably ASC 842, IFRS 16, and GASB 87. This ensures that the lease accounting processes conducted through Arvexi are compliant with these recognized standards.

The primary users of Arvexi are those involved in managing and processing lease accounting details. This includes controllers, CFOs, audit teams, and accounting firms. These professionals find utility in Arvexi's capabilities to automate lease accounting procedures, extract critical data from lease documents, and improve control over the lease portfolio.

Arvexi uses AI technology to extract data from lease PDFs. Without requiring any preset templates or setup, Arvexi can scan lease documents to pick out critical information like clauses, dates, and dollar amounts. This process makes data retrieval quick, efficient, and error-free.