Average Ratings 0 Ratings
Average Ratings 0 Ratings
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 Rather than relying on outdated lease calculators, businesses should consider adopting modern, efficient, and user-friendly lease accounting software tailored to meet IFRS 16, AASB 16, and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.
Description
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.
API Access
Has API
No
API Access
Has API
No
Integrations
NetSuite
Yes
QuickBooks Online
No
SAP Business One
Yes
Sage Intacct
No
Integrations
NetSuite
No
QuickBooks Online
Yes
SAP Business One
No
Sage Intacct
Yes
Pricing Details
$99 per month
Free Trial
Yes
Free Version
No
Pricing Details
$99
Free for under 5 leases and Subscription pricing starts at $99/mo for up to 10 leases and increases as the number of leases increase
Free Trial
Yes
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
Yes
Windows
Yes
Mac
Yes
Linux
No
Chromebook
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
Customer Support
Business Hours
Yes
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
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Soft4Lessee
Founded
2008
Country
Lithuania
Website
soft4lessee.com
Vendor Details
Company Name
iLease Management LLC
Founded
2012
Country
United States
Website
www.iLeasePro.com
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
Product Features
Accounting
Accounts Payable
Yes
Accounts Receivable
Yes
Bank Reconciliation
No
Billing & Invoicing
No
CPA Firms
Yes
Cash Management
No
Cryptocurrency Support
No
Expense Tracking
No
Fixed Asset Management
No
Fund Accounting
No
General Ledger
Yes
Government
No
Multi-Currency
No
Nonprofits
Yes
Payroll Management
No
Project Accounting
No
Purchase Orders
Yes
Tax Management
No
Lease Accounting
Amortization Schedule
Yes
Asset Management
Yes
Billing & Invoicing
No
Budgeting & Forecasting
No
Capitalization Reporting
Yes
Critical Date Alerts
Yes
Expense Tracking
Yes
For Equipment Leases
Yes
For Real Estate
Yes
Payment Tracking
Yes
Portfolio Management
Yes
Tax Management
No
Lease Management
Billing & Invoicing
No
Commercial Leases
Yes
Contact Management
Yes
Landlord Database
No
Lease Classification
Yes
Portfolio Management
Yes
Property Management
Yes
Residential Leases
No
Retail Leases
Yes
Sublease Management
Yes
Tenant Database
No