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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 CoStar Real Estate Manager?

CoStar Real Estate Manager® combines cloud-based technology with exceptional professional services and leading market intelligence into one cohesive platform. This comprehensive system provides vital commercial real estate and lease information, allowing you to make informed decisions while equipping your team with essential resources for maximum productivity. The lease accounting functionalities offered by CoStar Real Estate Manager facilitate meticulous analysis and classification of real estate, equipment, and various leased assets, helping you confidently navigate the intricacies of the latest FASB and IASB lease accounting regulations. You are empowered to create journal entries, produce financial reports, and integrate these capabilities seamlessly with your current business systems. Furthermore, you can effectively plan your retail portfolio by utilizing extensive data and insights. Our retail solutions are designed to break down data silos, improve market intelligence, and ensure that your locations function at their optimal level, contributing to overall business success. By harnessing these innovative tools, you can enhance performance, make strategic decisions, and effectively reach your financial objectives while fostering a culture of continuous improvement within your organization.

Media

Media

Integrations Supported

Integrations Supported

CoStar

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Webinars
Online Training
On-Site Training

Training Options

Documentation Hub

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

CoStar Group

Date Founded

1987

Company Location

United States

Company Website

www.costar.com/products/real-estate-manager

Categories and Features

Lease Accounting

Not specified

Lease Management

Lease Classification
Portfolio Management

Categories and Features

Lease Accounting

Not specified

Lease Management

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

Real Estate Property Management

Billing & Invoicing
Commercial Properties
Contact Management
Expense Management
Landlord Database
Late Fee Calculation
Lease Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Tax Management

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