Save time

Automate data capture, calculations, notifications and reporting.

Collaborate effectively

Exchange data accurately and work efficiently with corporate accounting and others.

Gain control

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

Lease Accounting Software - 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 to capture, manage and transform lease data into the figure you need for the balance sheet

lease accounting software

Manages both property & equipment leases

Manage property and equipment leases, including payments, reconcile charges, generate reports and make critical decisions, on a single integrated platform.

lease accounting software

Fully Compliant

Comply with core accounting and IASB IFRS 16 financial reporting regulations.

lease accounting software

Software as a Service

Subscription based services include system maintenance, upgrades, servers, firewall and connections. Plus unlimited service, support and training.

All your lease accounting tasks managed in one simple platform

Lessor & lease level accounting

Lessor & lease level 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

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

Dual reporting across entities

Dual reporting across entities

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.

Lease exemptions & classifications

Lease exemptions & classifications

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

Flexible accounting periods

Flexible 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).

Full disclosure reports

Full disclosure reports

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

ERP/finance journal postings

ERP/finance journal postings

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

Lease modelling

Lease modelling

Model leases on full retrospective, modified a, modified b to understand the material impact.

Key Facts

Who uses the software?

Lease Accounting Software - 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.

Since the new standard was introduced many software firms have introduced new accounting software but our lease accounting platform isn’t new. It’s built with the deep understanding acquired from continuously developing our lease management software and services over more than 30 years.

As lease management experts and not just developers, 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 we’ve included plenty of AI and automation and the flexibility you need to customise it to your needs. So you can take the year end into your stride.

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.

Trusted By

Stay Updated

Call +44 (0)20 3861 7100 today

Speak to an expert about our lease accounting software