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What is iLeasePro?

iLeasePro is a user-friendly and affordable cloud-based solution that streamlines the transition to and ongoing management of Lease Accounting in accordance with the ASC 842 Standard for Lessees. Our SaaS offering effectively handles Operating, Finance, and Short-Term leases, ensuring precise adherence to ASC 842 requirements. With iLeasePro, users can effortlessly create the necessary amortization schedules, journal entries, and financial disclosure reports that auditors require. Additionally, iLeasePro seamlessly integrates with various accounting software, facilitating the smooth transfer of journal entries into your general ledger for improved efficiency. This integration not only saves time but also enhances the accuracy of your financial reporting processes.

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.

Media

Media

Integrations Supported

QuickBooks Online
Sage Intacct

Integrations Supported

API Availability

API Availability

Pricing Information

$99
Free for under 5 leases and Subscription pricing starts at $99/mo for up to 10 leases and increases as the number of leases increase
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Online Training

Company Facts

Organization Name

iLease Management LLC

Date Founded

2012

Company Location

United States

Company Website

www.iLeasePro.com

Company Facts

Organization Name

Finance Active

Date Founded

2000

Company Location

France

Company Website

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

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
CPA Firms
General Ledger
Nonprofits
Purchase Orders

General Ledger

Not specified

Lease Accounting

Amortization Schedule
Asset Management
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management

Lease Management

Commercial Leases
Contact Management
Lease Classification
Portfolio Management
Property Management
Retail Leases
Sublease Management

Categories and Features

Lease Management

Not specified

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