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
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
Comprehensive & Integrated
Manage all of your property and equipment leases on a single platform.
Uncomplicate compliance
Gain peace of mind when it comes to your financials. Comply with core accounting and financial reporting regulations, including FASB ASC 842, IASB IFRS 16 and GASB 87.
Empower your accounting processes
Leverage AI to abstract lease data and receive an audit trail that gives deep insights into your payment processes. Uncover hidden costs, and never miss a payment by outsourcing your accounting processes to a team of experts dedicated to your business’ success.
All your lease accounting tasks managed in one simple platform
- Lessee & lessor accounting
- Discount rate management
- Dual entity reporting
- Exemption & classification
- Accounting periods
- Disclosure reports
- GL/ERP Journal postings
- Lease & asset level accounting
Lessee & lessor accounting
Lessee & lessor accounting
Achieve ASC 842, IFRS 16 & GASB 87 compliance for all of your lease payments. Access a full audit trail for each lease and manage your balance sheet for specific time periods without delay or hinderance.
Discount rate management
Discount rate management
Organize your discount rates across each property and asset lease.
Dual entity reporting
Dual entity reporting
Group Vs Entity Reporting, ASC 842 and IFRS 16 dual reporting for organizations requiring to show how your leases impact your balance sheet across multiple entities within a global group.
Exemption & classification
Exemption & classification
Utilize automated classification of short-term leases and small value lease exemptions, along with FASB operational and finance lease classifications.
Accounting periods
Accounting periods
Access your accounting calendar to configure your daily and monthly rates.
Disclosure reports
Disclosure reports
Manage your Lessee and lessor disclosure reports with different compliance measures for ASC 842, IFRS 16 & GASB 87.
GL/ERP Journal postings
GL/ERP Journal postings
Run standard reports and create journal ensures in line with current compliance measures for ASC 842, IFRS 16 & GASB 87.
Lease & asset level accounting
Lease & asset level accounting
Perform calculations at lease or asset level, including single or multi-asset leases.
Key Facts
Over 400 lease accounting software implementations
Used in 100+ countries
Trusted by more than 1000 property occupiers
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 ASC 842 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.
How we can help
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Frequently Asked Questions
What is ASC 842?
What is GASB 87?
What are the effective dates?
Why are there changes to lease accounting?
What is the impact of ASC 842/GASB 87 on lease accounting?
What are the opportunities and benefits of adopting ASC 842/GASB 87?
What are the main lease data challenges?
Why is departmental collaboration for ASC 842/GASB 87 so important?
What are the advantages of using a specialist solution for lease accounting?
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