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Description
Lease102 is a specialized lease accounting software tailored to ensure adherence to FRS 102 Section 20, streamlining the accounting workflow through AI-driven data extraction, calculations, journal entries, and disclosure reports. Designed specifically for businesses in the UK and Ireland, this platform employs FRS 102 logic directly, rather than modifying it to fit IFRS 16 standards. By harnessing advanced AI technology, it efficiently extracts crucial information from lease agreements, minimizing the potential for human error associated with manual data entry. The calculation engine incorporates the Bank of England SONIA and ECB €STR rates to calculate suitable discount rates accurately. Additionally, it maintains an extensive seven-year audit trail that records all lease alterations and computations, enhancing transparency and accountability. Among its other valuable features are tools for team collaboration, management of lease modifications, alerts for expiration, support for multiple currencies, and options for integration with ERP systems. Furthermore, Lease102 prioritizes security by implementing AES-256 encryption, utilizing TLS 1.3 protocols, and ensuring data storage within UK/EU regions, thus upholding GDPR compliance and safeguarding sensitive information. This holistic approach not only simplifies the lease accounting process but also reinforces the trust businesses place in their financial reporting.
Description
Yardi Corom is a cloud-based software platform tailored for commercial tenants and corporate occupiers, allowing users to efficiently manage and track essential lease information, centralize transactions, achieve compliance with FASB and IFRS, and facilitate desk hoteling for adaptable work environments. The platform features a user-friendly interface combined with a robust set of tools that support comprehensive management of lease portfolios from start to finish. With the trust of over 10,000 leading real estate firms, Yardi is dedicated to providing specialized knowledge and focus to the corporate real estate sector. The solution simplifies the process from initial requirements to lease signing, ensuring a fast and efficient workflow. Users can gain management-level insights into maintenance activities across all leases, enhancing oversight and strategic planning. Additionally, Yardi Corom automates the management of Requests for Proposals (RFPs) and bids, including features for bid-leveling, side-by-side comparisons, and vendor Requests for Information (RFIs). Furthermore, it aids in refining budgeting practices by offering end-to-end job forecasting for tenant improvement spaces and accommodating potential alterations in project costs, thus enabling better financial planning and resource allocation.
API Access
Has API
API Access
Has API
Integrations
Microsoft Dynamics 365
Sage 200
Sage 50
Xero
Pricing Details
from £20 per month
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Lease102
Founded
2025
Website
lease102.co.uk
Vendor Details
Company Name
Yardi Corom
Country
United States
Website
www.yardicorom.com
Product Features
Lease Accounting
Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management
Product Features
Lease Accounting
Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management
Lease Management
Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database