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What is Soft4Lessee?

The transition from conventional accounting practices to the revised standards of IFRS 16, AASB 16, and ASC 842 introduces several hurdles for companies, such as adhering to new compliance requirements, the necessity for detailed data gathering and processing, and the heightened complexity faced by accountants. Instead of depending on obsolete lease calculators, organizations should explore modern, streamlined, and intuitive lease accounting software designed specifically to align with IFRS 16, AASB 16, and ASC 842 guidelines. Our cutting-edge lease accounting platform not only simplifies workflows but also offers remarkable adaptability and flexibility to cater to various organizational demands. Whether you are part of a SaaS enterprise or any other type of business, the Soft4Lessee accounting solution improves lease management, making it quicker, more economical, and significantly easier to handle. Additionally, our software enables automation of multiple processes, facilitates seamless data import and export with Microsoft Excel, and supports integration with XML and various other formats, ultimately enhancing operational efficiency and precision. This holistic solution guarantees that your organization stays compliant while refining its lease accounting processes, paving the way for future growth and adaptability in a rapidly changing regulatory landscape. Hence, investing in advanced lease accounting software is a strategic move that can greatly benefit businesses in the long run.

What is Arvexi?

Arvexi is an advanced lease accounting solution that utilizes cutting-edge artificial intelligence to enhance and automate all phases of lease management. Users can effortlessly upload their lease documents in PDF format, while the AI adeptly extracts pertinent clauses, organizes various documents, creates amortization schedules, generates journal entries, and composes audit-ready reports, all while ensuring compliance with ASC 842, IFRS 16, and GASB 87/96 regulations. Among its standout features are sophisticated Document Intelligence for AI-powered extraction and source verification, adherence to a wide array of accounting standards, an auditor portal that provides read-only access for external auditors, and a specialized Extraction Service that delivers structured data in eight distinct native formats, including CoStar, LeaseQuery, Oracle FBDI, and SAP RE-FX. The platform was crafted by a team of former engineers from OpenAI and Google who are dedicated to equipping accountants with tools that exceed the capabilities of traditional spreadsheets. With its pioneering methodology, Arvexi aspires to transform lease accounting practices, significantly boosting both efficiency and precision in the financial reporting landscape, ultimately leading to better decision-making for businesses. This commitment to innovation positions Arvexi as a leader in the evolving field of lease management technology.

Media

Media

No images available

Integrations Supported

NetSuite
SAP Business One

Integrations Supported

NetSuite
SAP Business One

API Availability

Has API

API Availability

Has API

Pricing Information

$99 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

Soft4Lessee

Date Founded

2008

Company Location

Lithuania

Company Website

soft4lessee.com

Company Facts

Organization Name

Arvexi

Date Founded

2026

Company Location

United States

Company Website

arvexi.com

Categories and Features

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

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

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

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