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Average Ratings 0 Ratings
Description
Arvexi is a lease accounting platform that harnesses artificial intelligence to streamline and automate every stage of the lease management process. Users can simply upload their lease PDFs, and the AI efficiently extracts relevant clauses, categorizes documents, formulates amortization schedules, generates journal entries, and produces audit-ready reports, ensuring adherence to ASC 842, IFRS 16, and GASB 87/96 standards. Noteworthy features include advanced Document Intelligence for AI-driven extraction and source verification, compliance with multiple accounting standards, an auditor portal granting read-only access for external auditors, and a dedicated Extraction Service that outputs structured data in eight different native formats, such as CoStar, LeaseQuery, Oracle FBDI, and SAP RE-FX. The platform was developed by a team of former engineers from OpenAI and Google who are committed to providing accountants with superior tools that surpass traditional spreadsheets. With its innovative approach, Arvexi aims to revolutionize the way lease accounting is conducted, enhancing efficiency and accuracy in the financial reporting process.
Description
Leasevana is a desktop application for Windows intended for lease accounting under IFRS 16, catering to corporate finance teams and lessees. It computes right-of-use (ROU) assets and lease liabilities based on lease agreements, while also generating schedules for amortization and depreciation. Users in finance can modify these schedules to account for renewals, extensions, early terminations, and adjustments in consideration, allowing them to monitor incremental borrowing rates and weighted-average discount rates pertinent to new leases and reassessments. Additionally, the software facilitates IFRS 16 disclosure reporting and features an optional PDF lease abstraction tool that can utilize a Google Gemini API key provided by the user to automatically extract essential information like dates, options, and payment figures. Leasevana operates locally on Windows, requiring no cloud storage or external databases, which enhances data privacy. It is offered as a complimentary download from the Microsoft Store, although the vendor suggests that users consult a qualified professional to verify their results for accuracy. With its user-friendly interface and robust functionalities, Leasevana aims to streamline the lease accounting process significantly.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
Gemini
No
Pricing Details
Contact for pricing
Free Trial
Yes
Free Version
No
Pricing Details
Free
Free download and use.
Free Trial
No
Free Version
Yes
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
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Arvexi, Inc.
Founded
2026
Country
United States
Website
www.arvexi.com
Vendor Details
Company Name
Wicked System Studio
Website
wickedsystemstudio.com/leasevana.html
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
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