Save time

Automate data capture, calculations, notifications and reporting.

Collaborate effectively

Exchange data accurately and work efficiently with Finance, Real Estate and other departments.

Gain control

Model scenarios to see the impact of lease contracts on your balance sheet.

Don't make lease accounting harder than it needs to be

Don't make lease accounting harder than it needs to be

The auditors are booked and the clock is ticking.  There’s a mass of data to upload and complex calculations to get right, not to mention the day job. Late accounts or worse, a failed audit, are simply not an option. The damage to your reputation and access to finance is unthinkable. So what’s next?

Accurate, easy to use, auditable lease accounting software

Capture, manage and transform lease data into the figure you need for the balance sheet

lease accounting software

Comprehensive & Integrated

Manage any lease from property and equipment to fleet and airplanes on a single integrated platform.

lease accounting software

Fully Compliant

Comply with core accounting and financial reporting regulations, including IASB IFRS 16 and FASB ASC 842.

lease accounting software

Powered by AI

Leverage AI to abstract lease data and gain an audit trail and make the audit process easier.

All your lease accounting tasks managed in one simple platform

Lessee & lessor accounting

Lessee & lessor accounting

Lessee & lessor accounting

For lessor accounting, achieve IFRS 16 & ASC 842 compliance for lease receivables linked to a head-lease payable, whether the subtenant is a third party company or intercompany.  For lease level accounting, you’ll have access to an audit trail for each lease of all balance sheet calculations, each displaying amortisation, opening/closing liability, interest, depreciation etc for each period in line with company-specific accounting calendar.

Discount rate management

Discount rate management

Discount rate management

Definition and management of discount rate strategy – lease by lease, implicit, asset class.

Dual entity reporting

Dual entity reporting

Dual entity reporting

Group Vs Entity Reporting, IFRS 16 and ASC 842 dual reporting for organisations requiring to declare the impact on the balance sheet of leases across multiple entities within a global group.

Exemption & classification

Exemption & classification

Exemption & classification

Automated classification of short term leases and small value lease exemptions, along with FASB operational and finance lease classifications.

Accounting periods

Accounting periods

Accounting periods

Compounding on a daily rate or monthly rate in line with a client’s accounting calendar i.e. standard calendar months, 13 weeks, retail and manufacturing accounting periods (4-4-5).

Disclosure reports

Disclosure reports

Disclosure reports

Lessee and lessor disclosure reports (IFRS 16 & ASC 842).

GL/ERP Journal postings

GL/ERP Journal postings

GL/ERP Journal postings

IFRS 16 & ASC 842 journal entries per period – standard reporting or ability to interface to ERP.

Lease & asset level accounting

Lease & asset level accounting

Lease & asset level accounting

Perform calculations at lease or asset level, including single or multi-asset leases.

Take lease accounting in your stride

Take lease accounting in your stride

We get how complex lease accounting can be. Different lease contracts impact the balance sheet in different ways and your calculations need to reflect that to be compliant.

Post IFRS 16 many firms have introduced new accounting software but our lease accounting platform isn’t new. We’ve been continuously developing lease management software for more than 30 years and, as lease management experts, we know we can solve any accounting challenge, however complex and nuanced.

We also know that, if you could, you’d move this off your desk and get on with your day job. That’s why the software is powered by AI and automates many essential tasks. So you can take the year end into your stride.  If you don’t have the resource to leverage the software yourself we can help you there too with our outsourced lease accounting services.

Getting started is as easy as 1,2,3

1. Schedule a no-obligation demo.

2. Make light work of lease accounting.

3. Get on with your day job.

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