Progefi 16 is a comprehensive lease management software developed by Finance Active, designed to streamline the administration of financial leasing contracts for corporate entities. It enables businesses to efficiently manage contracts, monitor financial positions, and generate daily reports, ensuring compliance with financial reporting standards such as IFRS 16. By providing precise information on payment amounts, interest rates, original values, terms to maturity, financing fees, effective rates, and total costs, Progefi 16 simplifies the complexities associated with leasing agreements, allowing companies to focus on their core operations. Key Features and Functionality: - Contract Management: Efficiently oversee and administer leasing contracts throughout their lifecycle. - Accounting Management: Ensure accurate financial reporting and compliance with standards like IFRS 16. - Document Management: Organize and store all relevant leasing documents securely. - Lease Origination: Facilitate the initiation and processing of new lease agreements. - Portfolio Management: Monitor and manage a portfolio of leases to optimize financial performance. - Reporting & Analytics: Generate comprehensive reports, including dashboards, summaries, and analyses by funding, account, or company. - Property Management: Oversee leased properties and associated assets effectively. - Lease Mapping: Visualize and track lease agreements across various assets and locations. Primary Value and User Benefits: Progefi 16 addresses the challenges businesses face in managing complex leasing agreements by providing a centralized platform that offers clarity and control over financial leases. It mitigates the risk of unexpected expenses and simplifies financial reporting adjustments, ensuring compliance with standards like IFRS 16. By automating and streamlining lease management processes, Progefi 16 enhances operational efficiency, reduces administrative burdens, and allows companies to allocate resources more effectively towards their core business activities.