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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 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.

Media

Media

Integrations Supported

QuickBooks Online
Sage Intacct

Integrations Supported

NetSuite
SAP Business One

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

$99 per month
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
Windows
Mac

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

Documentation Hub

Company Facts

Organization Name

iLease Management LLC

Date Founded

2012

Company Location

United States

Company Website

www.iLeasePro.com

Company Facts

Organization Name

Soft4Lessee

Date Founded

2008

Company Location

Lithuania

Company Website

soft4lessee.com

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

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

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