Compare Progefi 16 vs. ZenTreasury

Across Europe, leasing has become a prominent topic as the direct acquisition of production facilities is increasingly uncertain. Approximately 1,400 leasing firms provide nearly 250 billion euros in annual financing. However, these leasing agreements can be intricate, often resulting in unexpected expenses and necessitating financial reporting adjustments that may impose significant limitations. Progefi offers an effective solution that simplifies the management of financial leasing contracts, ensuring that you have precise information at your fingertips. This platform allows for the generation of daily reports and the straightforward restatement of comparative data in compliance with IFRS 16. Key details such as payment amounts, interest rates, original values, terms to maturity, financing fees, effective rates, and total costs are all easily managed, making Progefi an invaluable tool for financial oversight. By utilizing this service, businesses can navigate the complexities of leasing with confidence and clarity.

ZenTreasury is a modern cloud-based platform designed to simplify IFRS 16 lease accounting and streamline treasury operations in a single, easy-to-use system. It is ideal for companies managing anything from a few to several thousand leases, offering a scalable and secure environment to automate key processes and eliminate spreadsheet risk. The lease accounting module supports full IFRS 16 compliance, including automated lease classification, reassessments, modifications, termination handling, and journal entry creation. ZenTreasury generates accurate disclosure reports and supports multi-currency, multi-entity structures, cost center allocations, and role-based access control. Built-in audit trails ensure transparency and external audit readiness. In addition to lease accounting, ZenTreasury includes powerful treasury tools for managing financial instruments such as internal and external loans, FX contracts, guarantees, letters of credit, and interest rate derivatives. The platform also provides features for cash forecasting, liquidity planning, and automated treasury accounting. ZenTreasury integrates easily with core business systems, enabling seamless data flow and process automation. It is hosted on secure, enterprise-grade cloud infrastructure and supports fast onboarding, enabling teams to go live quickly without long implementation projects. Trusted by enterprises globally, ZenTreasury empowers finance teams with visibility, compliance, and control in both lease and debt management. Whether you are replacing spreadsheets or upgrading from a legacy system, ZenTreasury delivers the automation and structure needed to modernize your financial operations.