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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

ASC842 and IFRS16 Compliance: Achieved. Bloomberg Tax & Accounting Leased Assets oversees various leased asset categories and offers intricate calculations for right-of-use assets and lease obligations. Our software-as-a-service solution ensures precise classification, accounting, and reporting for leased assets in accordance with the new standards – IFRS 16 and ASC 842. Enhance your operational workflow through seamless integration with a range of ERP/GL/AP systems, leasing platforms, or other internal applications. Empower your clients to meet the requirements of ASC 842 and IFRS 16 with confidence. By automating lease accounting processes, you can boost overall efficiency while maintaining accuracy through detailed calculations. Additionally, our solution supports businesses in adapting to changing regulations with ease.

Description

Effortlessly achieve compliance with IFRS 16 and ASC 842 standards using IRIS Lease Accounting. This innovative solution enables organizations to automate their compliance processes with the latest lease accounting regulations, streamline leasing operations, unify strategies across departments, and enhance leasing results. IRIS Lease Accounting is a reliable tool that simplifies adherence to both IFRS 16 and ASC 842. Finance professionals from various sectors, including publicly traded companies and governmental organizations, trust IRIS Innervision to revolutionize their leasing workflows, consolidate their data, and automate compliance with lease accounting standards. By eliminating inefficient spreadsheets, businesses can easily meet the latest lease accounting requirements, ensuring ongoing compliance year after year while also gaining valuable insights into their leasing activities.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

FundCount Yes 

Integrations

FundCount No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) Yes 
Online Support No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs No 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Bloomberg Tax & Accounting

Founded

1929

Country

United States

Website

pro.bloombergtax.com/leased-assets/

Vendor Details

Company Name

IRIS Software Group

Founded

1978

Country

United Kingdom

Website

www.iris.co.uk/products/iris-innervision/lease-accounting-software/

Product Features

Lease Accounting

Amortization Schedule No 
Asset Management Yes 
Billing & Invoicing No 
Budgeting & Forecasting No 
Capitalization Reporting Yes 
Critical Date Alerts Yes 
Expense Tracking No 
For Equipment Leases Yes 
For Real Estate No 
Payment Tracking Yes 
Portfolio Management Yes 
Tax Management No 

Product Features

Lease Accounting

Amortization Schedule No 
Asset Management No 
Billing & Invoicing No 
Budgeting & Forecasting No 
Capitalization Reporting No 
Critical Date Alerts No 
Expense Tracking No 
For Equipment Leases No 
For Real Estate No 
Payment Tracking No 
Portfolio Management No 
Tax Management No 

Lease Management

Billing & Invoicing No 
Commercial Leases No 
Contact Management No 
Landlord Database No 
Lease Classification Yes 
Portfolio Management Yes 
Property Management No 
Residential Leases No 
Retail Leases No 
Sublease Management No 
Tenant Database No 

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