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Successfully Providing Business Solutions for Over 20 Years
Wisdom in lease accounting. Your success is our commitment.
We are committed to helping finance and IT leaders effectively and efficiently navigate lease accounting. Our software streamlines the process, significantly reducing staff involvement and freeing up valuable time.
Our dedication to delivering a specialized tool for finance leaders has earned us the trust and recognition of businesses, both large and small. As we continue to grow and evolve, we remain steadfast in our mission to simplify lease accounting and drive your business “into the black.”
The name Black Owl Systems was carefully chosen to encompass the founders’ vision and personal connections. The owl, a symbol of wisdom and knowledge, embodies the qualities that are fundamental to serving their clients. Interestingly, two of the founders bear the surname Kautz, which happens to represent a specific owl species in German. Moreover, the color black carries a profound significance in the financial realm, representing prosperity and achievement. When a company is “in the black,” it signifies profitability, underscoring Black Owl Systems’ commitment to success.
Black Owl Systems was born from the combined vision and expertise of co-founders, Greg and Derek Kautz. With a four-decade long career in finance and auditing, Greg Kautz has witnessed firsthand the challenges faced by finance leaders in navigating complex lease accounting issues. His son, Derek, brought not only his accounting prowess but also the innovative tech solution that would become the genesis of Black Owl Systems.
Their journey began with an idea to simplify compliance with ASC 842 and IFRS 16 regulations, an area that previously consumed vast amounts of time and effort. The software they developed streamlines the process, significantly reducing staff involvement and revolutionizing lease accounting.
As a seasoned CFO, Greg brings a rich tapestry of leadership experience to the helm of Black Owl. Meanwhile, Derek’s hands-on experience with traditional, time-consuming alternatives played a crucial role in shaping the unique offerings of Black Owl Systems.
Their commitment to delivering a tool designed specifically for finance leaders has paid off. Black Owl Systems has gained traction amongst both small businesses and large corporations.
Reach out to us for a personalized approach to simplifying your lease accounting journey.
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