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What is Leasevana?

Leasevana is a Windows desktop application designed specifically for lease accounting in accordance with IFRS 16, primarily serving corporate finance teams and lessees. The application calculates right-of-use (ROU) assets and lease liabilities derived from lease agreements, and it also produces schedules for amortization and depreciation. Finance professionals can adjust these schedules to reflect renewals, extensions, early terminations, and changes in consideration, enabling them to track incremental borrowing rates and weighted-average discount rates relevant to new leases and reassessments. Moreover, the software supports IFRS 16 disclosure reporting and includes an optional PDF lease abstraction feature that can leverage a Google Gemini API key provided by the user to automatically retrieve vital information such as dates, options, and payment amounts. Leasevana functions locally on Windows without the need for cloud storage or external databases, thereby enhancing data privacy and security. It is available for free download from the Microsoft Store, although users are encouraged to seek guidance from qualified professionals to confirm the accuracy of their results. With its intuitive design and comprehensive features, Leasevana aims to significantly enhance the efficiency of the lease accounting process and provide users with valuable insights into their leasing activities. This makes it an essential tool for organizations looking to manage their lease obligations effectively.

What is ContractHive?

ContractHive provides an AI-powered lease accounting solution that is meticulously crafted to align with IFRS 16 regulations. This innovative tool efficiently extracts lease information from diverse formats, generates schedules for Right-of-Use (ROU) assets and lease obligations, monitors crucial deadlines, and consolidates multi-entity portfolios into a unified, audit-ready repository of information. By employing this thorough methodology, it simplifies the management of leases and guarantees precision throughout all accounting operations, ultimately enhancing the overall efficiency of financial reporting.

Media

Media

No images available

Integrations Supported

Gemini

Integrations Supported

API Availability

API Availability

Pricing Information

Free
Free download and use.
Free Version

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

Windows

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Wicked System Studio

Company Website

wickedsystemstudio.com/leasevana.html

Company Facts

Organization Name

ContractHive

Date Founded

2025

Company Location

United Arab Emirates

Company Website

contracthive.ai/

Categories and Features

Lease Accounting

Not specified

Categories and Features

Lease Accounting

Not specified

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