Global professional services firm Alvarez & Marsal announced the launch of LeaseSCRE (pronounced: “lease score”), a web-based tool that uses machine learning to estimate an incremental borrowing rate (IBR) curve.

LeaseSCRE is designed to provide companies with a streamlined and efficient mechanism to estimate the discount rates necessary to meet new lease accounting requirements under the Financial Accounting Standards Board’s Accounting Standards Codification 842: Leases (ASC 842).