Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Ellipsis serves as a lease management tool that enhances and simplifies the lease abstracting process while automating the oversight and handling of critical lease information. This application caters to a variety of users, including individuals who manage lease data daily, such as property managers, asset managers, lenders, and leasing brokers. Additionally, it supports those engaged in abstracting leases related to due diligence and activities like the buying, selling, and financing of real estate, encompassing buyers, sellers, lenders, investment brokers, consultants, legal professionals, and accounting firms. Furthermore, Ellipsis facilitates the business-to-business sharing of lease information, ensuring that all parties can access the data they need efficiently.

Description

The shift from traditional accounting standards to the updated IFRS 16, AASB 16, and ASC 842 presents a variety of challenges for organizations, including the need for compliance with new regulations, the requirement for extensive data collection and processing, and the increased complexity of tasks for accountants. Rather than relying on outdated lease calculators, businesses should consider adopting modern, efficient, and user-friendly lease accounting software tailored to meet IFRS 16, AASB 16, and ASC 842 requirements. Our innovative lease accounting software not only streamlines processes but also provides exceptional adaptability and flexibility to suit diverse organizational needs. Whether you operate a SaaS company or another business type, the Soft4Lessee accounting solution enhances lease management, making it faster, more cost-effective, and significantly less cumbersome. Furthermore, with our software, you can automate numerous processes, effortlessly import and export data to and from Microsoft Excel, and integrate files in XML and various other formats, ultimately leading to improved operational efficiency and accuracy. This comprehensive approach ensures that your business remains compliant while optimizing its lease accounting practices.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Exponential DeFi Yes 
NetSuite No 
SAP Business One No 
Subframe Yes 

Integrations

Exponential DeFi No 
NetSuite Yes 
SAP Business One Yes 
Subframe No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$99 per month
Free Trial Yes 
Free Version No 

Deployment

Web-Based No 
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 Yes 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Customer Support

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

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

Qualitech

Founded

1985

Country

United States

Website

www.qualitech.net

Vendor Details

Company Name

Soft4Lessee

Founded

2008

Country

Lithuania

Website

soft4lessee.com

Product Features

Lease Management

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

Product Features

Financial Reporting

"What If" Scenarios No 
Audit Trail Yes 
Balance Sheet No 
Cash Management No 
Consolidation / Roll-Up Yes 
Forecasting Yes 
General Ledger Yes 
Income Statements No 
Multi-Company Yes 
Multi-Department / Project Yes 
Profit / Loss Statement No 

Lease Accounting

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

Lease Management

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

Alternatives

Alternatives

Nomos One Reviews

Nomos One

Nomos One Limited
Realeyes Reviews

Realeyes

Retransform
rAbstract Reviews

rAbstract

Realogic Analytics
IRIS Lease Accounting Reviews

IRIS Lease Accounting

IRIS Software Group
iLeasePro Reviews

iLeasePro

iLease Management LLC
My Portfolio Reviews

My Portfolio

Leasing Information Systems