Software Vendor Director

Lease Accounting Software Vendors

The new lease accounting standards are creating implementation difficulties for many companies. Now, up to 100 data fields may need to be collected per lease. Plus, the new standards require lease data to be tracked at the asset level. Tracking lease data at this level, and then completing the accounting required by the new standards will be difficult to accomplish using spreadsheets alone. Many companies will find that they need to implement lease accounting software in order to achieve compliance and stay in compliance with the new lease accounting standards.

We have compiled a list of lease accounting software vendors to help you find the right fit for your company.

Vendor Name

Complies With

Brief Description

ASC 840 / ASC 842
IAS 17 / IFRS 16

LeaseAccelerator offers a SaaS-based enterprise lease accounting and management solution. The software has a dedicated asset-level lease subledger and push-button reporting. Read more.

ASC 840 / ASC 842
IAS 17 / IFRS 16

EZLease by Financial Computer Systems, Inc. is a lease accounting platform that is designed to be used by both lessees or lessors. Read more.

ASC 840 / ASC 842
IAS 17 / IFRS 16

LeaseCalcs leverages the data from lease negotiations to generate accounting journal entries and gain business insights. Read more. 

ASC 840 / ASC 842
IFRS 16

Real Asset Management (RAM) by MRI software provides a transition engine to convert operating leases to finance leases and simplifies the annual and monthly reporting process. Read more. 

ASC 842
IFRS 16
AASB 16

Trimble Manhattan is a financial management, lease management, and compliance application. The lease management solution tracks real estate and capital assets while the compliance solution generate accounting reports. Read more. 

ASC 842
IFRS 16

The Workday Financial Management application includes the Workday Business Process Framework to help implement controls and monitory activity in the lease program, and supports accounting for the lease lifecycle. Read more. 

ASC 842
IFRS 16

The Crowe Lease Accounting Optimizer is an accounting engine embedded in Microsoft Dynamics 365. It also offers features like one-click payments and built-in audit controls.  Read more. 

US and International GAAP

LeaseWave by Odessa offers fleet and equipment finance solutions that improve equipment and fleet administration and can generate reporting entries for US and international GAAP. Read more. 

IFRS 16

In addition to lease accounting and lease portfolio management, ZenTreasury’s leasing solution also includes treasury management features. Read more.

ASC 842

iLeasePro is a cloud-based lease accounting and management system. It can generate a set of standard reports for the lease portfolio and can be customized to fit a business’s needs. Read more. 

ASC 842

The Sage Fixed Assets application includes the ability to amortize leased assets classified as a finance lease. Read more. 

ASC 840

Turbo-lease is a lessor lease accounting software application capable of managing equipment and vehicle lease portfolios. Read more. 

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