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What is Lease102?

Lease102 is an innovative lease accounting solution specifically designed to comply with FRS 102 Section 20, enhancing the accounting process through AI-powered data extraction, calculations, journal entries, and disclosure reporting. Targeted at enterprises in the UK and Ireland, this software adheres strictly to FRS 102 principles without adapting them to IFRS 16 standards. Utilizing cutting-edge AI technology, it effectively extracts vital information from lease contracts, significantly reducing the likelihood of errors that may arise from manual data entry. The built-in calculation engine leverages the Bank of England SONIA and ECB €STR rates to determine appropriate discount rates with precision. Moreover, it features a comprehensive seven-year audit trail that logs all changes and calculations related to leases, which boosts transparency and accountability. Other important functionalities include collaboration tools for teams, management capabilities for lease modifications, expiration alerts, multi-currency support, and seamless integration options with ERP systems. Additionally, Lease102 emphasizes security by using AES-256 encryption, TLS 1.3 protocols, and ensuring that data storage complies with UK/EU regulations, thus adhering to GDPR standards and protecting sensitive information. This all-encompassing strategy not only streamlines lease accounting but also strengthens the confidence businesses have in their financial statements, fostering a culture of trust and reliability. Ultimately, Lease102 stands out as a vital tool for organizations striving for efficient and compliant lease management.

What is Lease Insight?

Lease Insight is an innovative lease management platform that streamlines adherence to ASC 842 and IFRS 16 standards. Created by experienced CFOs and CPAs with a focus on these regulations, it boasts impressive efficiency and is utilized in 113 countries by over 117,000 users across 4,500 diverse companies. Remarkably, every client is a repeat customer, highlighting its value in the market. ☑ CFOs will benefit from advanced simulation and reporting tools to enhance their debt management strategies across a variety of scenarios. ☑ CPAs will find its productivity-boosting features invaluable for effectively managing and organizing their accounting practices. ☑ Auditors will appreciate its dependable reliability, comprehensive traceability, and robust document management system that ensures compliance. ☑ The intuitive interface and support for multiple currencies make it user-friendly for all stakeholders involved. Additionally, the Lease Insight team is committed to guiding you throughout the process, ensuring that you achieve your goals efficiently and effectively. With their assistance, you can fully leverage the system's capabilities to meet your leasing needs.

Media

Media

Integrations Supported

Microsoft Dynamics 365
Oracle Hyperion
QuickBooks Online
SAP Financials
Sage 200
Sage 50
Sage Intacct
Xero

Integrations Supported

Microsoft Dynamics 365
Oracle Hyperion
QuickBooks Online
SAP Financials
Sage 200
Sage 50
Sage Intacct
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

from £20 per month
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

Lease102

Date Founded

2025

Company Website

lease102.co.uk

Company Facts

Organization Name

kShuttle Corporation

Company Location

United States

Company Website

www.myasc842.com

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

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

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