Compare LeaseAccounting.app vs. MRI ProLease

LeaseAccounting.app is a self-serve IFRS 16 and FRS 102 lease accounting platform built for finance teams who want audit-ready compliance without spreadsheets, implementation consultants, or six-figure setup costs. Made by ZenTreasury Oy in Helsinki, Finland with EU-only data hosting. Designed for SMEs reporting under IFRS 16 or FRS 102 (UK GAAP), typically managing 5 to 50 leases. The platform generates complete lease schedules, journal entries, modifications, remeasurements, terminations, and one-click audit evidence packs from any lease contract. AI-assisted contract extraction reads your PDFs and proposes lease terms with confidence scoring; you approve, and the deterministic calculation engine produces the numbers. Same inputs, same outputs, every time. Zen AI is advisory only and never touches a calculation. Other features: Discount Rate Advisor pulls reference rates from central bank sources and drafts a rate memo for review; continuous compliance monitoring flags indexations due, expiring leases, and overdue reassessments; multi-entity bookkeeping from day one; auditor portal access with activity logging (coming soon); journal export to SAP, Oracle, Dynamics, and NetSuite formats; Azure AD / Entra ID SSO with JIT provisioning. Pricing: free tier covers 2 leases with no credit card required. Paid plans start at €149 per month with no per-seat pricing and generous team access included on every tier. Differentiation: built IFRS-first (not ASC 842-first), EU-hosted, fully implemented FRS 102, and self-serve onboarding. The trusted alternative to spreadsheet-based compliance and consultant-heavy enterprise lease tools.

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.