Progefi 16 Description
Across Europe, leasing has become a prominent topic as the direct acquisition of production facilities is increasingly uncertain. Approximately 1,400 leasing firms provide nearly 250 billion euros in annual financing. However, these leasing agreements can be intricate, often resulting in unexpected expenses and necessitating financial reporting adjustments that may impose significant limitations. Progefi offers an effective solution that simplifies the management of financial leasing contracts, ensuring that you have precise information at your fingertips. This platform allows for the generation of daily reports and the straightforward restatement of comparative data in compliance with IFRS 16. Key details such as payment amounts, interest rates, original values, terms to maturity, financing fees, effective rates, and total costs are all easily managed, making Progefi an invaluable tool for financial oversight. By utilizing this service, businesses can navigate the complexities of leasing with confidence and clarity.
Progefi 16 Alternatives
Blue Sky's "Portfolio Manager" Lease Management Software is an easy to learn and use SaaS solution for centralized management of lease contracts. By managing your lease contracts and associated maintenance contracts throughout the entire lifecycle you can strengthen the audit process, reduce costs, increase cash flows and mitigate risk with centralized visibility that drives enterprise value. Portfolio Manager provides complete status management for running leasing RFP's, tracking status, notes, documents and next steps for every open project. Flat file data imports allow for efficient data entry. Fully customizable with robust reporting capabilities. The report writer allows every data field to be exported to excel. Pre-built templates are available to feed most ASC842 lease accounting software templates. End of lease term management is automated with custom parameters and automatic notifications to ensure you never miss an end of lease term notification. Custom Programming available.
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Visual Lease is the most popular lease accounting and management software. It simplifies compliance with ASC 842 and IFRS 16. Visual Lease's powerful platform is built with years of embedded knowledge, including from top lease experts and CPAs. It can support any size or type lease portfolio. Visual Lease is committed to providing top-notch customer service and offers in-house training, implementation, and support.
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Leasecat
Catsoft Leasecat is a comprehensive lease management application designed to facilitate the generation of reports and execute lease calculations from the viewpoints of both lessees and lessors, covering finance leases, operating leases, and hire purchases. Users can maintain a register of lease specifics for these categories, whether they are the lessee or the lessor. The reporting features encompass cash flow analysis, lease interest rates, lease terminations, and journal entry summaries. Additionally, the software offers the option for lessees to sub-lease all or part of a leased asset to another party. It includes customizable settings for interest charge methods and amortization techniques. A built-in report writer empowers users to generate tailored reports with selectable fields. The program also automatically determines the interest rate implicit in lease agreements. Furthermore, lessees have the ability to input an estimated interest rate, which can adjust the fair value, or they can receive suggested alternative rental payment options. This makes Leasecat an invaluable tool for managing various lease agreements effectively.
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SplashLeasing
SplashLeasing represents a contemporary, adaptable, and user-friendly option tailored for the leasing sector. Designed as an enhancement to the Microsoft Dynamics 365 platform, it integrates the comprehensive capabilities of both CRM and ERP systems. This ensures that users have access to an unparalleled solution in the marketplace, positioning them to surpass their rivals effectively. The functionality of SplashLeasing encompasses the entire leasing process, from initial interest in a product to the eventual disposal and replacement with a new leasing agreement. Being a modular solution, it offers easy extensibility, making it ideal for businesses seeking flexibility and cutting-edge technology. Additionally, SplashLeasing can be deployed either in the SplashDev data center or hosted on-premises within the user's organization, providing options to suit different operational needs. This versatility allows companies to adapt their leasing strategies as they evolve over time.
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Integrations
No Integrations at this time
Company Details
Company:
Finance Active
Year Founded:
2000
Headquarters:
France
Website:
financeactive.com/financial-risk-management/leasing-management/progefi-16/
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Product Details
Platforms
Web-Based
Types of Training
Live Training (Online)
Customer Support
Business Hours
Online Support
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