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What is IRIS Lease Accounting?

Seamlessly attain compliance with IFRS 16 and ASC 842 standards through IRIS Lease Accounting. This cutting-edge solution empowers organizations to streamline their compliance procedures in line with contemporary lease accounting regulations, optimize leasing operations, align strategies across different departments, and improve overall leasing outcomes. IRIS Lease Accounting serves as a dependable resource that simplifies the process of adhering to both IFRS 16 and ASC 842. Professionals in the finance sector, including those in publicly listed companies and government entities, rely on IRIS Innervision to transform their leasing processes, integrate their data efficiently, and automate compliance with lease accounting standards. By moving away from cumbersome spreadsheets, organizations can readily fulfill the latest lease accounting mandates, ensuring sustained compliance year after year while also acquiring critical insights into their leasing practices. This approach not only enhances operational efficiency but also supports informed decision-making regarding lease management.

What is Bloomberg Tax & Accounting Leased Assets?

Compliance with ASC842 and IFRS16 has been successfully attained. Bloomberg Tax & Accounting Leased Assets manages a wide array of leased asset categories and provides complex calculations for right-of-use assets, as well as lease liabilities. Our software-as-a-service (SaaS) offering ensures accurate classification, accounting, and reporting of leased assets, adhering to the most current guidelines of IFRS 16 and ASC 842. By facilitating smooth integration with multiple ERP, GL, and AP systems, leasing solutions, and other internal platforms, we enhance operational efficiency. This empowers clients to confidently fulfill the requirements of ASC 842 and IFRS 16. Additionally, our automated lease accounting workflows significantly increase productivity while maintaining accuracy through comprehensive calculations, thereby promoting a more organized method for compliance and reporting. Ultimately, our solutions not only streamline processes but also foster a proactive approach to managing leased assets.

Media

Media

Integrations Supported

FundCount

Integrations Supported

FundCount

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

IRIS Software Group

Date Founded

1978

Company Location

United Kingdom

Company Website

www.iris.co.uk/products/iris-innervision/lease-accounting-software/

Company Facts

Organization Name

Bloomberg Tax & Accounting

Date Founded

1929

Company Location

United States

Company Website

pro.bloombergtax.com/leased-assets/

Categories and Features

Lease Accounting

Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management

Lease Management

Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database

Categories and Features

Lease Accounting

Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management

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