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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 REAP+?

REAP+ is a versatile and user-friendly platform designed to cater to the needs of retail, industrial, distribution, and office environments, ensuring both flexibility and ease of maintenance. It features a Report Builder that allows users to create and disseminate reports independently, thanks to its straightforward interface that eliminates the need for IT support. The platform also offers two-way accounting integration, establishing REAP+ as a dependable single source of truth for lease management throughout the organization. Users benefit from customizable configurations, permitting them to adjust field labels and picklist values to better fit their unique business requirements and workflows. Security is a key focus, with REAP+ implementing adjustable, role-based access controls that empower administrators to manage what information each user can view and interact with. Furthermore, the platform includes drag-and-drop functionality, enabling users to customize their dashboards based on their roles while integrating relevant data, reminders, and upcoming activities. The ability to share tailored filters and searches promotes access to essential information for all users, enhancing collaboration and consistency across teams. Collectively, these features significantly boost productivity and improve communication within organizations, ultimately driving better overall performance.

Media

Media

Integrations Supported

NetSuite
SAP Business One

Integrations Supported

API Availability

API Availability

Pricing Information

$99 per month
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
Windows
Mac

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Soft4Lessee

Date Founded

2008

Company Location

Lithuania

Company Website

soft4lessee.com

Company Facts

Organization Name

NTrust Infotech

Date Founded

2003

Company Location

United States

Company Website

www.ntrustinfotech.com/reap/

Categories and Features

Financial Reporting

Audit Trail
Consolidation / Roll-Up
Forecasting
General Ledger
Multi-Company
Multi-Department / Project

Lease Accounting

Amortization Schedule
Asset Management
Budgeting & Forecasting
Expense Tracking
For Equipment Leases
For Real Estate

Lease Management

Commercial Leases
Lease Classification
Property Management
Sublease Management

Categories and Features

Lease Management

Not specified

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