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What is Progefi 16?

Leasing has emerged as a significant issue throughout Europe due to the growing uncertainty surrounding the direct purchase of production facilities. With around 1,400 leasing companies offering close to 250 billion euros in financing each year, the landscape is complex. These leasing contracts can often be convoluted, leading to unforeseen costs and requiring adjustments in financial reporting that may create substantial constraints. Progefi presents a practical solution that streamlines the oversight of financial leasing agreements, providing users with reliable and timely information. The platform facilitates the creation of daily reports and the easy restatement of comparative figures in line with IFRS 16. Essential information such as payment amounts, interest rates, original values, remaining terms, financing charges, effective rates, and total expenses can all be efficiently managed. This makes Progefi an essential resource for those seeking to maintain effective financial control. By leveraging this service, organizations can confidently tackle the challenges associated with leasing while ensuring clarity in their financial practices. Moreover, this enhanced oversight allows businesses to make informed decisions regarding their leasing strategies.

What is Occupier?

Commercial tenants with growing lease portfolios often run real estate in spreadsheets and lease accounting in a separate tool, which leads to missed notice deadlines and a stressful month-end close. Occupier replaces both with one tenant-focused platform for lease administration and ASC 842 and IFRS 16 lease accounting. Occupier is designed for mid-market organizations holding between 30 and 500 leases across many locations. Customers include restaurant and franchise operators, retail chains, healthcare organizations, and fitness companies, along with professional services firms that lease offices in multiple markets. For real estate teams, Occupier Lease Administration sends alerts before renewals, expirations, escalations, and option deadlines, and keeps every lease, amendment, and key clause searchable in one place. Occupier Portfolio Analytics gives leadership a live view of rent, obligations, and locations, while Occupier Deal Management follows prospective sites through the pipeline. For finance teams, Occupier Lease Accounting calculates ASC 842 and IFRS 16 balances, creates monthly journal entries and amortization schedules, and produces disclosure reports ready for auditors. It integrates with NetSuite, and auditors can be granted access to the platform directly. Getting started is fast. Occupier Lease Abstraction uses AI to pull dates, rent terms, and over 120 clauses from existing leases, then Occupier’s specialists check every abstract. Most companies are fully live in 4 to 6 weeks, with in-house CPA guidance during setup. Occupier works only for the tenant side of the lease, never for landlords, and every subscription includes unlimited users.

Media

Media

Integrations Supported

Integrations Supported

NetSuite

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Annual subscription priced by number of active leases. Every plan includes unlimited users, with no per-seat fees or hidden costs. Choose Basic, Professional, or Enterprise, and add Lease Accounting, Deal Management, Business Licenses, or Equipment Leases as needed. Contact Occupier for a quote.

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Finance Active

Date Founded

2000

Company Location

France

Company Website

financeactive.com/financial-risk-management/leasing-management/progefi-16/

Company Facts

Organization Name

Occupier

Date Founded

2018

Company Location

United States

Company Website

www.occupier.com

Categories and Features

Lease Management

Not specified

Categories and Features

Lease Accounting

Amortization Schedule
Billing & Invoicing
Critical Date Alerts
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management

Lease Management

Billing & Invoicing
Commercial Leases
Contact Management
Portfolio Management
Retail Leases

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