Best Lease Accounting Software - Page 4

Lease Ledger

Lease Ledger is an automated sub ledger and reporting tool designed to simplify accounting for leases under ASC 842.

Leasense

Leasum

LOIS

ManagePath

MyTreasur-e Lease Accounting

Nakisa IWMS

Nakisa IWMS (formerly Nakisa Real Estate) is a cloud-native solution designed to centralize and optimize the lifecycle management of 300+ assets (including owned, leased, or subleased assets of various nature - real estate, equipment, fleet, or facilities). Nakisa IWMS portfolio offers a unified platform for capital projects, portfolio management, lease accounting, IFRS 16 and ASC 842 compliance, and facility management—powered by advanced analytics. Nakisa IWMS includes three product suites: Capital Project Product Suite built to manage capital projects from budgeting and planning to site selection and execution. Facility Management Product Suite designed to manage inventory, assets, maintenance (work orders), and energy consumption. Portfolio Management Product Suite helps global enterprises automate lease management, accounting, compliance, and reporting. Leverage automated calculations, including CAM reconciliation and percentage rent, easily add contract modifications and new terms, track critical dates, and streamline collaboration with third party. This product suite streamlines day-to-day real estate operations, improves portfolio visibility, automates complex multi-asset lease management tasks, tracks critical dates, and provides users with timely insights through custom dashboards and reports. Built with CRE logic in mind, Nakisa IWMS has industry-specific features such as batch payments, flexible payment & AP/AR management with rent roll, percentage rent calculation, period-end reconciliations (CAM, insurance, taxes), and other features to manage complex CRE scenarios effectively both on a local and global scale. We also offer pre-made reports and endless possibilities of customized dashboards to enable CRE teams to manage and easily share data with other departments. With native bidirectional integration with ERP systems (SAP, Oracle, and others), Nakisa IWMS contributes to better data management, boosts control over operations, and eliminates the risk of human errors caused by manual dual entries. Besides ERP integrations, we offer great API connectivity to synchronize data (for example sales data) according to the company’s needs. Nakisa IWMS is fully compliant with the new lease accounting standards of ASC 842, IFRS 16, and GASB 87, and it can seamlessly embed your accounting policy. We invite you to manage all lease activities in one central place, bringing together real estate portfolios, accounting, and operations. With Nakisa, you can finally break down silos across departments and ensure better collaboration between accounting, real estate, and facility/space management teams. Nakisa IWMS sustainably grows with your business needs and gets automatically updated, at no extra cost, without involving your partners. Our software is also: • Scalable: Designed on a cloud-native architecture with microservices, • Reliable: 99.5% solution availability, • Secure: GDPR compliant with full ITGC control, • Regularly updated: two major releases per year, performance and bug fixes every eight weeks, • Caring: 24/7 customer support, dedicated account managers, and onboarding & training materials.

Nomos One

Nomos One is a comprehensive lease management and lease accounting software solution designed to simplify and streamline the entire lifecycle of lease agreements. The cloud-based platform helps businesses, lease managers, and lease accountants their lease portfolios, maintain compliance with relevant accounting standards (IFRS 16), and optimise their lease administration processes. Lease Management Solution: Nomos One provides a centralised platform to manage all your lease agreements, whether real estate, equipment, or other assets. It allows you to store and organise lease documents, set reminders for critical dates, track lease negotiations, and maintain an audit trail of all lease-related activities. Lease Accounting Solution: The platform helps businesses comply with accounting standards such as IFRS 16 (AASB 16). It automates lease calculations, generates accurate financial reports, and simplifies the lease accounting process. Onboarding Solution: Nomos One offers a comprehensive onboarding solution, beginning with research and collation to understand your unique requirements and assess existing data. The team customises your account set-up to maximise value and efficiently onboard your data, agreements, and documentation. We meticulously review all information to identify inconsistencies or gaps, often saving clients money by uncovering discrepancies. Once signed-off, we provide training and coordinate with our Accounting Support team to ensure smooth integration. Our ongoing services and support ensure your team remains knowledgeable and can focus on business-critical tasks while we manage your lease portfolio.

Nutiliti Accounting

Nutiliti's Utility Billing and Activation Suite is an integrated Desktop and Mobile software solution. Designed for property managers, and owners within the single-family and multifamily universe, Nutiliti delivers a comprehensive feature set that includes tenant billing, utility activation, ESG monitoring, anomaly detection, and vacant unit cost recovery. Utility management solution for renters, managers, and owners within the single-family and multifamily universe. Nutiliti’s platform bills and collects from residents directly, allowing residents to split water, electric, gas, and other shared utilities among roommates and manage their utilities efficiently without paying deposits, utility provider setup fees, or contacting providers. Additionally, Nutiliti’s platform activates utility services at units for property managers reducing turn times while supporting rehab work.

OIXIO IFRS 16

Solution helps the lessees to support and ensure lease agreements accounting according to IFRS16. Ensure compliance with IFRS 16 efficiently Finance/accounting department of your business could face the challenge that ensuring compliance with IFRS 16 standard could be a very time-consuming process: - keeping hundreds or thousands lease agreements data on spreadsheets; - recognize assets and liabilities for each of the leases manually to the General Ledger; - calculate and reflect the effect of the changes/amendments in the agreements; - finally prepare financial statements in accordance with IFRS 16. All these processes related to lease accounting could be managed in this easy to use solution that helps the lessees to reduce finance/accounting department workforce time spent on administrative work to ensure compliance with IFRS 16. Solution includes important features and enhancements, that are required by lessees in order to support lease agreement accounting according to IFRS, starting with its signing, schedule calculation, amendments process and up to its natural ending or termination. Smoothly integrated with other "native" application modules - Financial Management / General Ledger - Fixed Assets - Purchase and Payables Key features & functionality Lease Contract Data Storing and Schedule Calculation: - Define individual lease conditions per contract. - Calculate separate schedules and present value for each RoU asset. - Payment split into principal and interests’ parts. - Supported payment periods: monthly, quarterly, half year, annual. - Contract workflow management. RoU Asset Management: - RoU assets management using standard Fixed Assets functionality with its features and reporting possibilities. - Automated Fixed Assets cards creation and schedule calculation in case of agreements with multiple items of lease property. - RoU depreciation calculation. Contract Amendment Management: - Contract conditions (payment amount, lease period and etc.) update at any moment of lease period. - Changes history tracking. Ending and termination: - Automated schedule ending and RoU disposal when zero balance for lease liabilities is reached. - Premature termination (early buy-out or termination) management. Lease agreement accounting: - Lease liabilities and RoU acquisition cost posting on contract activation to General Ledger and Fixed Asset module. - Automated lease liabilities reduction posting based on lease schedule. - Automated calculation of contract amendment effect (gain/loss) and posting to General Ledger and Fixed Assets module. - Premature termination effect calculation and posing it to General Ledger and Fixed Assets module. Supported Editions: The app supports the Essentials and Premium Editions of Microsoft Dynamics 365 Business Central. Supported Countries: Australia, Austria, Belgium, Brazil, Canada, Colombia, Croatia, Denmark, Estonia, Finland, France, Germany, Hong Kong SAR, Hungary, Iceland, Indonesia, Ireland, Italy, Japan, Korea, Latvia, Lithuania, Malaysia, Mexico, Netherlands, New Zealand, Norway, Peru, Philippines, Poland, Serbia, Singapore, Slovenia, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, United Arab Emirates, United Kingdom, United States, Vietnam. Need more information? Please visit the OIXIO Group website: https://oixio.eu/

Onederful

Onederful is lease accounting software that automates compliance with ASC 842, IFRS 16, and FRS 102 standards within Microsoft Business Central. As a native extension, it integrates with existing accounts, posting groups, and dimensions. The platform enables setup and data migration through bulk imports and allows report exports to Excel. Onederful automates lease liability accounting, generating disclosures, amortization schedules, and roll-forward reports while posting right-of-use asset entries directly to the general ledger. It handles lease scenarios such as remeasurements, terminations, and scope changes with automated recalculations. The software manages lease portfolios across entities, with features for variable payments, lease classification, discount rates, and modifications. Onederful supports ASC 842, IFRS 16, and FRS 102 standards.

Planon

Planon is a leading global provider of Smart Sustainable Building Management software. We connect buildings, people and processes, by eliminating data silos and aligning solutions into one shared information platform. By that, we empower all building stakeholders - users, owners and service providers - with actionable and meaningful insights. We offer an innovative software platform that combines configurable standard software with state-of-the-art integration technology, proven best practices and professional services. The Planon platform includes a secure and reliable cloud service, high-performing IoT technology, and standardised development tools for customers or third parties. Planon provides a constantly evolving array of software solutions and best practices for different types of organisations and users: • Planon Integrated Workplace Management Solution • Planon Campus Management Solution • Planon Facility Services Business Solution • Planon Lease Accounting Solution By providing bespoke solutions from one Planon platform, organisations can immediately benefit from cross-functional integrations that create process efficiencies and deliver new insights to optimise their operations. With four decades of experience Planon has a proven track record of delivering, implementing and maintaining integrated software solutions for multinational and local organisations. With over 2,500 customers in 40 countries, Planon can deliver solutions tailored to industry-specific challenges, for example in finance, government, higher education, retail, automotive and manufacturing. IWMS: Planon’s Integrated Workplace Management Solution (IWMS) is an innovative platform that creates greater efficiency and quality in processes, measurably reduces corresponding costs and successfully contributes to an organisation’s performance. The platform unifies all stakeholders in a continuous improvement process to optimise workplace performance. The Planon IWMS platform combines innovative software solutions with proven best-practices and user-friendly interaction for all workplace stakeholders, bringing immediate benefits to organisations. Planon Integrated Workplace Management Solution can also be operated in Planon’s secure and reliable cloud service that further reduces Total Cost of Ownership (TCO) and increases efficiency and flexibility. For Service Providers: Planon's Facility Services Business Solution for Service Providers is an integrated software platform that creates operating efficiency, increases customer value, and enables business innovation. As the system of record for your operations, Planon integrates with and is as vital as your HR, purchasing, and financial systems to ensure customer value and scalable business growth. The Facility Services Business Solution offers tools and processes in four key areas that make service offering, planning, execution, monitoring and billing more efficient, scalable and transparent with extensive process automation and seamless integration. These solutions also come with Planon’s best practice called Accelerator, including pre-configured processes, workflows, catalogues, roles, reports and dashboards. For Lease Accounting: Planon’s Lease Accounting Solution increases processing efficiency, eliminates decentralised administration, and reduces effort and costs with one integrated lease management solution that seamlessly connects with any ERP. The platform ensures timely reporting readiness and eliminates risk of non-compliance with new accounting standards, with a fast on-boarding and compliant lease management and calculation of profit & loss related costs, cash flows and balance sheet parameters for leases. This solution supports extensive additional cost reduction opportunities by the unique integration of lease management with your mid and long-term workplace strategy, real estate portfolio management, and enterprise asset management processes. The solution is approved by a Big Four accountancy firm and supports both lessors and lessees.

Average Rating: 4.0/5.0

Total Reviews: 1

Property Management Software

PayProp is a bank-integrated rental payment platform for residential property managers. Our real time automation of the full rental payment life cycle boosts landlord satisfaction and saves time and resources for thousands of property management firms globally. As a result, new PayProp clients grow on average 31% in the first year of joining us. Launched in 2004, PayProp has grown quickly to become a leading processor of rental payments for residential properties, and today serves a large and diverse customer base of property professionals in the US, UK, Canada and South Africa. PayProp was recognized as one of the most innovative real estate technology companies in HousingWire’s 2023 Tech100 Real Estate Awards.

REAP+

REDA

REDA is your scalable all-in-one ERP that covers every aspect of property management and development. By automating it all in one flexible, customizable cloud-based environment. REDA alleviates a staggering number of tasks across five key areas of real estate development and property management. We strive to improve lives and businesses worldwide by leveraging technology to simplify complex processes and create greater utility. Built on a highly innovative, accessible & scalable Salesforce.com Platform, REDA forms a holistic & collaborative knowledge ecosystem around all functions and processes of property acquisition, construction, leasing, sale, field operations and enterprise accounting. Investment into knowledge: With REDA you get ready access to the world most extensive business applications & knowledge ecosystem. Salesforce AppExchange is the leading enterprise cloud marketplace. Eco-System tailor for scalability & Results: Application of best in AI, Big-Data Process automation, and rules-based algorithms empower insights driven decision making and inspire a super-efficient Property Management organization. REDA saves you unprecedented time and money – and unleashes profit potential – by streamlining, consolidating, automating all operations, including CRM and accounting.