RFP: Lease Accounting Software and Implementation Partner

Background:

US GAAP Standard – ASC 842 requires changes to the reporting of operating leases. Mercy Corps fiscal year starts July 1, therefore, during the period January – June 2022, Mercy Corps Corporate Finance Team is tasked with implementing the standard. Our fiscal year 2021 inventory of leases for our audit showed that our global lease population is approximately 400.

After a review of peer organizations implementing the new standard, Mercy Corps will be selecting a software solution and an implementation partner.