Lease Accounting Software Vendors

The new lease accounting standards are creating an unexpected burden 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.

Don't worry!

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

Vendor & Software Overview
Software Complies with

LeaseAccelerator

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 842
IFRS 16
GASB 87
AASB 16

Lease Harbor

Lease Harbor provides a lease accounting and administration solution for the lifecycle of a lease, including features like a subledger, bulk uploads, and journal entry creation. Read more.
ASC 842
IFRS 16
GASB 87
AASB 16

Trimble Manhattan

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
GASB 87
AASB 16

UGAAP

UGAAP is an on-premises software for the transition to the new ASC 842, IFRS 16, and GASB 87 leasing standards. Read more. 
ASC 842
IFRS 16
GASB 87
AASB 16

Aptitude Lease Accounting Engine

The Aptitude Software lease accounting engine is a tool that expedites the transition to IFRS 16 and/or ASC 842 by integrating lease contract data between Excel, lease management systems, and manual entry. Read more. 
ASC 842
IFRS 16
GASB 87
AASB 16

Bloomberg Tax Lease Assets

Bloomberg Tax’s lease tool covers transition accounting, lease classification, calculations of ROU asset & lease liability, audit trail development, and reporting. Read more. 
ASC 842
IFRS 16
GASB 87
AASB 16

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ASC 842

842Ware provides lessees with a framework to capture all the relevant data for ASC 842 compliance and generates several key reports in Excel. Read more. 

IFRS 16

Anaplan is a cloud-based solution for IFRS 16 provides lessees with workflows and analytical capabilities to help comply with the new standard. Read more. 

ASC 842

CloudSuite Financials and Supply Management is a broader ERP solution for the finance and treasury team, that does include some lease accounting features as well. Read more. 

ASC 842
IFRS 16

The Deloitte LeaseMARC solution is a managed services platform that focuses on helping companies reengineer how they manage and account for their leases to better comply with the new standard. Read more. 

ASC 842
IFRS 16

JD Edwards’ EnterpriseOne Lease Administration application enables lessees and lessors of real estate and equipment assets to accurately account for leases on their financial statements. Read more. 

ASC 842
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 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
IFRS 16

KPMG’s leasing tool for IBM Tririga is a pre-packaged SaaS solution that is fast to implement. The solution’s features include financial reporting, data management, and accounting diagnostics. Read more. 

ASC 842
IFRS 16

The Kyriba lease accounting tool provides a central database in the cloud to house leases. It also classifies leases, calculates the value of lease components, and book journal entries on the balance sheet. Read more. 

ASC 842
IFRS 16

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

ASC 842
IFRS 16

LeaseCrunch is a solution for CPA firms to use to help their clients with the new lease accounting standards and simplify the audit process. Read more. 

IFRS 16

LeaseEagle is offering a plugin, LECompliance, to their standard module that was developed to help simplify the compliance requirements with IFRS 16. Read more. 

ASC 842
IFRS 16

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

Legrity FastPost is a system that is capable of taking in large amounts of lease data from a variety of sources, into a single repository, and builds an audit trail. 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. 

ASC 842
IFRS 16

Nakisa is a SaaS lease accounting and management solution for real estate and equipment leases. It provides end-to-end lease accounting.  Read more. 

ASC 842
IFRS 16

MRI real estate software released CRE lease accounting solution for real estate and equipment leases. The solution automates the accounting for these leases and is able to integrate with corporate accounting systems.  Read more. 

ASC 842
IFRS 16

NetGain’s NetLease app for lessees provides push-button reporting for 10Ks under IFRS 16 and ASC 842, integrated AP management, and audit trail support.  Read more. 

ASC 842
IFRS 16

Oracle Financials now provides support for the new lease accounting standards for lessees of equipment assets, including lease data abstraction technology.  Read more. 

ASC 842
IFRS 16

Oracle’s PeopleSoft Lease Administration simplifies the selection of real estate sites, managing real estate leases, and managing space.  Read more. 

ASC 842
IFRS 16

Oracle’s PeopleSoft Lease Administration simplifies the selection of real estate sites, managing real estate leases, and managing space.  Read more. 

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

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

ASC 842
IFRS 16

The Soft4Lessee solution includes accounting for the lease liability and ROU asset, some management features, data import and export, and reports for IFRS 16 presentation. Read more. 

ASC 842

SpaceBase offers an ASC 842 solution that is user-friendly. Its accounting features include lease classification, journal entry generation, and reporting. Its management features include email notifications and critical date tracking. Read more. 

ASC 842
IFRS 16

Tango Analytics offers a lease accounting and administration product that can develop reports for compliance and includes some management features, like tracking key dates and billing subtenants. Read more. 

ASC 840

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

IFRS 16

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