Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
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.
Description
Say goodbye to the hassle of emailing spreadsheets or relying on document storage platforms. LeaseMatrix is designed to be fully operational on any computer or tablet, eliminating the need for software downloads or updates. You can access and modify your analyses from virtually anywhere, with web-based reports that refresh automatically. Collaborate seamlessly with your entire team, ensuring that no file is ever lost due to computer malfunctions. This innovative spreadsheet allows both brokers and tenants to weigh the benefits of leasing versus owning office, retail, or industrial properties. With clear and visually appealing charts, users receive straightforward recommendations that are easy to present. The tool facilitates side-by-side comparisons of cash flows before and after taxes, making it simple for all parties involved to analyze the data. It also includes calculations for Net Present Value (NPV) and Internal Rate of Return (IRR), empowering users to determine whether to reinvest in their primary business or pursue real estate opportunities. Additionally, a Pros and Cons Summary page is provided, detailing the respective benefits and drawbacks of leasing versus owning, helping users make informed decisions. Overall, LeaseMatrix streamlines the decision-making process in real estate transactions, enhancing both efficiency and clarity.
API Access
Has API
No
API Access
Has API
No
Integrations
Microsoft 365
No
Microsoft Excel
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
No
Pricing Details
$29 per month
Free Trial
Yes
Free Version
No
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
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
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
No
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
IRIS Software Group
Founded
1978
Country
United Kingdom
Website
www.iris.co.uk/products/iris-innervision/lease-accounting-software/
Vendor Details
Company Name
LeaseMatrix
Founded
2009
Website
lease.io
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
Lease Management
Billing & Invoicing
No
Commercial Leases
No
Contact Management
No
Landlord Database
No
Lease Classification
Yes
Portfolio Management
Yes
Property Management
No
Residential Leases
No
Retail Leases
No
Sublease Management
No
Tenant Database
No
Product Features
Lease Management
Billing & Invoicing
No
Commercial Leases
No
Contact Management
No
Landlord Database
No
Lease Classification
Yes
Portfolio Management
No
Property Management
No
Residential Leases
No
Retail Leases
No
Sublease Management
No
Tenant Database
No