Portfolio Manager vs. IRIS Lease Accounting

Blue Sky's "Portfolio Manager" Lease Management Software offers a user-friendly SaaS solution for the centralized oversight of lease agreements. This platform enhances the management of lease and maintenance contracts throughout their entire lifecycle, thereby bolstering the audit process, lowering expenses, boosting cash flow, and reducing risk through a unified view that enhances enterprise value. Furthermore, Portfolio Manager facilitates comprehensive status management for ongoing leasing RFPs, enabling users to track statuses, notes, documents, and subsequent actions for each active project. The software supports efficient data entry through flat file data imports and is highly customizable, featuring extensive reporting functions. Users can export any data field to Excel via the report writer, and pre-built templates are designed to integrate with most ASC842 lease accounting software. Additionally, the automated management of end-of-lease terms includes customizable parameters and alerts, ensuring that users never overlook a lease expiration. For those with specific needs, custom programming options are also available, making it a versatile choice for lease management. Overall, Portfolio Manager stands out as a comprehensive tool for organizations looking to optimize their lease management processes effectively.

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.