Best Lease Accounting Software for Startups

Blue Sky's "Portfolio Manager" Lease Management Software is an easy to learn and use SaaS solution for centralized management of lease contracts. By managing your lease contracts and associated maintenance contracts throughout the entire lifecycle you can strengthen the audit process, reduce costs, increase cash flows and mitigate risk with centralized visibility that drives enterprise value. Portfolio Manager provides complete status management for running leasing RFP's, tracking status, notes, documents and next steps for every open project. Flat file data imports allow for efficient data entry. Fully customizable with robust reporting capabilities. The report writer allows every data field to be exported to excel. Pre-built templates are available to feed most ASC842 lease accounting software templates. End of lease term management is automated with custom parameters and automatic notifications to ensure you never miss an end of lease term notification. Custom Programming available.

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.

Visual Lease is the most popular lease accounting and management software. It simplifies compliance with ASC 842 and IFRS 16. Visual Lease's powerful platform is built with years of embedded knowledge, including from top lease experts and CPAs. It can support any size or type lease portfolio. Visual Lease is committed to providing top-notch customer service and offers in-house training, implementation, and support.

Xero offers a comprehensive cloud-based accounting solution that simplifies the management of rental properties. You can effortlessly monitor your property finances in real-time, encompassing rent collections, expenses, and deposits, all consolidated in a single platform. Automate the rent collection process and enhance payment efficiency with GoCardless, while efficiently handling tenant records and communications. Thanks to Xero's user-friendly tools and online framework, you'll enjoy complete oversight of your lease accounting, leading to smoother and more organized daily operations.

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.

Innago is a free, easy-to-use property management software solution, designed to save you time & money. Our mission is to make renting simple, accessible, & affordable for landlords of any size. Too many alternatives are expensive & overwhelming, turning a "solution" into a problem. Innago allows you to easily: collect rent, screen tenants, list properties, manage work orders, create applications, sign leases, organize financials, communicate with tenants, & much more!

iLeasePro is an intuitive, cost-effective, and accurate cloud solution that simplifies the transition to and on-going Lease Accounting under the ASC 842 Standard for Lessees. Our cloud-based SaaS solution accounts for Operating, Finance and Short-Term leases to ensure accurate compliance with ASC 842 Standard. With iLeasePro, you can easily generate the amortization schedule, journal entries and financial disclosure reports required by auditors. iLeasePro integrates with several accounting solutions to offer seamless uploading of journal entries into your general ledger.

MRI ProLease provides a comprehensive solution for lease administration and accounting, serving as a fully integrated SaaS platform that enables organizations to effectively oversee and monitor their real estate and equipment leases while adhering to ASC 842 compliance standards. This solution has gained the trust of over 800 clients across 40 different industries, delivering cloud-based software that addresses all facets of lease management, accounting, space utilization, and CAFM needs. As the preferred choice for meeting the new ASC 842/IFRS 16 lease accounting requirements, it facilitates dual reporting on identical leases. Regardless of whether your focus is on real estate or equipment leasing, MRI ProLease is designed to fulfill all necessary criteria with an intuitive and robust interface. Crafted by seasoned industry professionals, it ensures users maintain constant awareness of essential data while simplifying the generation of necessary schedules and reports. Furthermore, the platform’s user-friendly design enhances operational efficiency and supports informed decision-making for lease management.

UGAAP was established to simplify the complex yet recurring task of lease accounting through innovative software solutions. Our platform assists businesses in steering clear of chaotic transitions and persistent compliance challenges posed by the new regulations. By leveraging our software, organizations can significantly reduce human capital expenses related to accounting and financial reporting functions. Reach out to us today, and we'll demonstrate the advantages we can bring to your accounting operations. Our goal is to develop software that automates intricate calculations and processes across all areas of accounting and taxation. We see lease accounting software as a prime illustration of how to empower businesses to concentrate on their core activities rather than dedicating excessive resources to compliance requirements. Additionally, our offerings are backed by exceptional GAAP experts who ensure that our clients receive the best support and guidance.

AMTdirect is widely recognized as the leading solution for lease administration and accounting, specifically tailored to ensure compliance with FASB 842. Aimed at portfolios with fifty or more locations, AMTdirect strives to resolve the everyday challenges encountered by professionals in corporate real estate. The platform enables users to manage a comprehensive inventory of their properties, locations, lease agreements, related expenses, revenues, and documents in a single, accessible interface. Furthermore, for lessee accounting, it facilitates compliance with ASC 842, IFRS 16, and GASB 87 for lease receivables that are connected to a head-lease payable, accommodating both third-party and intercompany subtenants. Additionally, the lease-level accounting feature provides a detailed audit trail for each lease, including all balance sheet calculations such as amortization, opening and closing liabilities, interest, and depreciation for each accounting period in accordance with the company's specific accounting calendar. This holistic approach not only simplifies lease management but also enhances transparency and accuracy in financial reporting.

Automated journal entries and instant complex calculations make accounting straightforward and efficient. With unwavering compliance to ASC 842 and IFRS 16, the platform eliminates the need for lengthy sales discussions or exhausting negotiations. You can quickly sign up, input your information, and dive right into your accounting tasks. Customize the software to your specifications by selecting from numerous fields and methodologies, allowing Cradle to direct you to the relevant accounting aspects of your contract. Your data input leads to swift and precise calculations, ensuring your journal entries are processed without delay. Say goodbye to the uncertainty and pressure associated with the new lease accounting standards ASC 842 and IFRS 16, as you enhance and streamline your lease accounting practices while conserving both time and resources. Our service also includes comprehensive implementation support to guide you through the process. Whether you are managing finances for a large public corporation or running a small business with essential financial reporting obligations, Cradle is designed to help you save valuable time and effort. Additionally, the user-friendly interface ensures that even those with minimal accounting experience can navigate the software effectively.

Lease Insight is a lease management system that simplifies compliance with ASC 842 and IFRS 16. It was designed by CFOs and CPAs specialized in ASC 842 and IFRS 16. It is highly efficient. It is used in 113 countries by over 117,000 people in 4,500 companies of all sizes and across all sectors. 100% of them are repeat clients. ☑ CFOs will enjoy its elevated simulation and reporting features to optimize the management of their debts across various scenarios. ☑ CPAs will appreciate its high level of productivity as well as the ability to manage and organize their accounting firm. ☑ Auditors will benefit from its high level of reliability, traceability and its document management that guarantee compliance. ☑ Its ease-of-use and multi-currency management will be appreciated by everyone. The Lease Insight experts will assist you every step of your way to ensure your success.

FinQuery (formerly LeaseQuery) simplifies complex accounting operations by automating the flow of financial data from source documents to subledger. The platform unifies lease accounting, contract management, and prepaid and accrual accounting within a single, audit-ready system—cutting manual work by up to 80%. Designed to ensure compliance with FRS 102, ASC 842, IFRS 16, and related standards, FinQuery enables users to generate amortization schedules, journal entries, and disclosure reports in minutes. Its centralized document repository and automated abstraction tools eliminate errors while giving teams full visibility across leases, contracts, and prepaid expenses. With deep ERP integrations, real-time data validation, and AI-powered automation, FinQuery helps finance leaders accelerate close cycles and improve reporting accuracy. The platform’s managed services also allow organizations to outsource data entry, validation, and maintenance for additional flexibility. Backed by industry-leading support and a 99% customer satisfaction rate, FinQuery combines reliability, scalability, and ease of use. It’s the modern foundation for accountants seeking clarity, compliance, and control across all financial operations.

Spacebase is a user-friendly, modern lease management and lease accounting software. The platform is highly configurable, customizable, and easy-to-integrate. It allows you to digitize your lease portfolio data, manage financial and operational obligations, minimize risks, and make data-driven, proactive decisions.

Our software is designed to simplify the complexities of lease accounting and lease management for businesses of all sizes, across a wide range of industries. It streamlines the lease lifecycle, and helps businesses comply with accounting standards. With our software, you can easily track all of your leases in one place, monitor key lease dates, and generate financial reports. You can also manage lease renewals and terminations, and we can help you achieve compliance with accounting standards such as IFRS 16. Our software is user-friendly and intuitive, making it easy for businesses to get up and running quickly. We provide a comprehensive and thorough onboarding service and with our dedicated support team, you can rest assured that you'll always have the help you need when you need it. So if you're looking for a powerful lease accounting and lease management solution that can help you save time, reduce errors, and help you achieve IFRS 16 compliance, look no further than Nomos One.

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.

Crunchafi Lease Accounting is the industry’s most intuitive solution for automating lease compliance, reducing manual effort, and improving reporting accuracy. Designed for CPA firms, fractional CFOs, and finance departments, it transforms how teams handle the entire lease accounting lifecycle—from data entry to disclosure. The platform’s AI-powered lease entry eliminates repetitive data input by intelligently extracting and validating lease details from uploaded contracts. Within minutes, users can produce audit-ready financial reports, including amortization schedules, journal entries, and footnote disclosures. Collaboration is effortless through Dual Access, which lets firms and clients work together in real time from one secure environment. Crunchafi’s live and on-demand training ensures quick adoption, while its white-glove customer support provides ongoing guidance from CPAs, former FASB staff, and accounting experts. Every process is backed by SOC 1 and SOC 2 certifications, reinforcing transparency, data security, and compliance. From implementation to everyday use, Crunchafi delivers accuracy, speed, and confidence in lease accounting.

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.

Corporate Lease Manager enhances operational efficiency, ensures compliance, and mitigates risk through a robust lease management solution designed to centralize lease data and capabilities. This platform streamlines deal management processes, encompasses various lease management features, and adheres to FASB/IFRS lease accounting standards, all integrated into one comprehensive system. With a focus on lease accounting, Yardi has earned the trust of more than 5,000 prominent real estate firms, offering specialized insights and expertise tailored for corporate occupiers. Built on a top-tier real estate accounting foundation, Corporate Lease Manager enables organizations to meet FASB ASC 842/IFRS 16 reporting requirements, effectively calculate present value and amortization schedules, generate payables and journal entries, and manage payments seamlessly within a single interface. The software boasts a modern and intuitive user experience, equipped with robust tools to oversee your entire lease portfolio, encompassing both real estate and equipment leases for streamlined management from start to finish. By integrating all of these features, Corporate Lease Manager not only simplifies lease management but also enhances overall organizational productivity.

ASPIRE, our all-encompassing equipment finance solution, focuses on pinpointing the challenges and limitations faced by your organization, subsequently offering tailored solutions to drive your business forward. With a rich legacy in the equipment finance sector, LTi continues to excel in delivering cutting-edge lease and loan solutions to businesses around the globe. Our adaptable platform is designed to accommodate a wide array of business requirements and workflows through expert configurations. The CRM functionality facilitates lead tracking as well as the management of sales territories and opportunities. Additionally, it supports proposal generation, pipeline management, and comprehensive reporting capabilities. You can oversee any lease or loan type with a versatile structure, including fixed terms and revolving lines of credit. Features such as termination options, real-time credit assessments, eSignature capabilities, document management, midterm modifications, and rollovers are also included. Moreover, our system offers robust portfolio and asset management tools. Ensure adherence to compliance standards with features like automatic tax jurisdiction assignment and comprehensive UCC insurance tracking, alongside enhanced security measures for users and transactions. This holistic approach not only streamlines your financial processes but also strengthens your organization's overall operational efficiency.

Trullion is an AI accounting oversight platform that automates data management, streamlines audits, and ensures accurate reporting across accounting workflows. Trullion leverages the best data infrastructure and AI models into a single source of accounting truth that also offers specialized modules for key accounting roles. Teams in areas like lease accounting, revenue recognition, and auditing can access the platform using a tailored UI while maintaining 100% confidence that their data is accurate and uniform across all relevant stakeholders. Using Trullion, accounting teams automate tedious manual work—reading contracts, recording terms, collecting data for audits, verifying the accuracy of their numbers, and reporting. Trullion reads Excel or PDF-based contracts and converts them into financial workflows that are connected to the data source. AI automatically detects and extracts important data from these agreements, and creates auditable journal entries. Accounting teams and auditors work faster with confidence, finance executives trust the results, and everyone operates from a single source of truth with Trullion.

Utilize MRI ProCalc to create, assess, and contrast various scenarios related to office, industrial, or retail leasing or purchasing. With this powerful tool, professionals can swiftly analyze and break down lease agreements, simplifying cash flow evaluations while exploring various what-if scenarios based on different variables. By examining leases and evaluating the financial repercussions of alternative situations for both tenants and landlords, users can make more informed decisions. This software serves as an invaluable asset for real estate experts engaged in leasing or acquiring commercial, office, industrial, or retail properties. Its goal-seeking feature allows users to uncover the necessary assumptions to achieve specific outcomes, addressing complex inquiries effectively. MRI ProCalc equips commercial real estate professionals with the capability to conduct thorough lease analyses, offering insights from the viewpoints of tenants, sublessors, landlords, or buyers. Therefore, it becomes an indispensable resource for anyone involved in the negotiation process for the lease or purchase of real estate assets. Ultimately, understanding the financial implications of leasing decisions can significantly influence successful negotiations and strategic planning.

Black Owl assists finance leaders in public and private companies to reduce compliance risks with ASC 842/IFRS 16 and save money by allowing them to complete lease accounting more quickly and accurately. Our system was built from the ground up to make it as easy as possible. There are no extra steps or clicks, but the system is comprehensive and complete. This will allow you to manage your leases efficiently and comply with IFRS and US GAAP. Our solution is designed to be compliant with leading accounting practices and financial reporting standards. However, it allows you to record and reconcile all lease entries and adjustments. You are currently tracking leases using Excel. You want a more robust and easy-to-use lease accounting system. We can help you streamline your existing lease accounting system and reduce compliance costs.

Convert your business logic into automated workflows powered by AI, allowing you to prioritize strategic initiatives instead of getting bogged down in spreadsheets. By optimizing your transactions that span various isolated systems, you can enhance your ability to oversee entire cross-entity transaction chains effectively. Nominal standardizes and consolidates data from disparate accounting systems, guaranteeing that accurate financial data is readily accessible in a single location. It not only identifies, recommends, and executes end-to-end transactions but also manages inter-company eliminations, resulting in clean and audit-ready financial records. Seamlessly integrating with your accounting software and the broader financial ecosystem, Nominal’s twin-ledger provides a multi-entity general ledger that remains consistently synchronized with all your financial records, eliminating the need for migration and minimizing risk. Additionally, Nominal supports third-party integrations alongside built-in sub-ledgers to ensure adherence to accounting regulations like lease accounting and revenue recognition. By leveraging the capabilities of generative AI, you can effortlessly automate and refine your distinct business processes for greater efficiency and productivity. This innovative approach empowers businesses to adapt seamlessly to changing environments while maintaining financial accuracy.

Rubli serves as a comprehensive solution designed to save you time while ensuring seamless compliance with IFRS 16 and ASC 842. With our lease specialists guiding you through a swift transition to our platform, we perform a complete reconciliation of your opening balances to eliminate any unexpected issues during your upcoming reporting cycle. Our system accommodates a diverse array of lease terms, conditions, and amendments, allowing for agile decision-making and reliable outcomes that your organization can depend on. Trusted by many, our software has been utilized extensively and has consistently passed audits conducted by leading firms. We provide in-depth reports that simplify the reconciliation of balances for both your teams and auditors, facilitating a smooth sign-off process. Additionally, our platform allows for the creation of multiple user accounts with tailored permission settings based on individual roles within your organization. Every modification made is meticulously recorded in a comprehensive audit trail. Focused solely on lease accounting, our team offers you far more than mere accounting software; we deliver a strategic partnership that enhances your financial operations. Ultimately, with Rubli, you gain a powerful tool that not only streamlines your accounting processes but also supports your business's growth and compliance needs effectively.