Lease Accounting Software

What is Lease Accounting Software and Why is it Essential?

Lease accounting software is a specialized financial technology solution designed to help businesses manage and report on their lease agreements in compliance with current accounting standards, primarily ASC 842 (for US GAAP) and IFRS 16 (for international reporting). These standards mandate that most leases, including operating leases, be recognized on the balance sheet a...

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Visual Lease logo
Visual Lease is a leading cloud-based lease accounting and management software designed to streamline the entire lease lifecycle. From real estate and equipment to vehicles and other assets, Visual Lease empowers organizations to efficiently m...
LeaseQuery logo
LeaseQuery is a leading cloud-based lease accounting software designed to help businesses navigate the complexities of ASC 842, IFRS 16, and GASB 87 compliance. It streamlines lease management, automates critical accounting processes, and prov...
Sage Intacct logo
Sage Intacct is a leading cloud-based Enterprise Resource Planning (ERP) solution specifically designed for finance professionals. It offers a comprehensive suite of applications including accounting, contract management, revenue recognition, ...
CoStar Real Estate Manager logo
CoStar Real Estate Manager is a comprehensive lease accounting and management solution designed for businesses operating in the real estate, eCommerce, hospitality, and related industries. This powerful software simplifies complex lease admini...
Accruent logo
Accruent is a leading, comprehensive software platform designed to unify and optimize the management of facilities, assets, and the people who use them. Serving a diverse range of industries including commercial real estate, retail, healthcare...
Yardi Corom logo
Yardi Corom is a comprehensive, cloud-based SaaS platform designed for corporate real estate (CRE) occupiers. With over four decades of real estate software expertise and a proven track record with 10,000+ customers, Corom delivers intuitive s...
MRI Property Management logo
MRI Property Management is a comprehensive, cloud-based solution designed to unify and optimize all aspects of property operations – from leasing and tenant management to facilities maintenance and financial accounting. Trusted by over 45,000 ...
CCH Tagetik logo
CCH Tagetik is a comprehensive cloud-based and on-premise Corporate Performance Management (CPM) solution designed to empower finance teams. It unifies budgeting, planning, forecasting, reporting, and analysis into a single platform, providing...
Re-Leased logo
Re-Leased is a powerful commercial property management software solution designed to help property owners, investors, and management companies optimize their operations and maximize profitability. This cloud-based platform provides a centraliz...
Entrata logo
Entrata is a leading, all-in-one property management software designed to simplify and automate every aspect of running a property business. From online leasing and resident services to comprehensive accounting and data-driven analytics, Entra...
Nakisa Lease Accounting logo
Nakisa Lease Accounting (NLA) is a robust, cloud-based solution designed to streamline and automate lease accounting and management processes for global enterprises. Supporting a wide range of asset types – including equipment, land, fleet, an...
EZLease logo
EZLease is a comprehensive lease accounting software solution designed to streamline compliance with ASC 842, GASB 87, GASB 96, and IFRS 16 standards. With over 15 years of experience serving private, government, and public organizations, EZLe...
Lease Insight logo
Lease Insight is a comprehensive lease management software solution designed to help businesses of all sizes efficiently manage their lease portfolios. From initial lease accounting to ongoing administration, Lease Insight provides robust tool...
MRI ProLease logo
MRI ProLease is a comprehensive, cloud-based software solution designed to simplify and automate lease administration and accounting processes. Built for businesses of all sizes, it helps organizations manage real estate and equipment leases, ...
Tango logo
Tango is a comprehensive store lifecycle management platform designed to help retail and multi-location businesses optimize their real estate portfolio. From lease administration and project management to predictive analytics and facilities ma...
STRATAFOLIO logo
Stratafolio is a comprehensive commercial property management software designed to help real estate owners and managers optimize their operations, finances, and investor relations. This powerful platform centralizes asset tracking, automates ...
LeaseCrunch logo
LeaseCrunch is a comprehensive lease accounting software designed to streamline compliance with ASC 842, IFRS 16, GASB 87, and GASB 96 standards. It automates key processes like lease data management, calculation of lease liabilities and righ...
Trullion logo
Trullion is a cutting-edge, AI-powered accounting platform designed to revolutionize how businesses and accounting firms manage their finances. By seamlessly integrating financial data, Trullion guarantees accurate reporting, streamlines compl...
Odessa Platform logo
Odessa is a comprehensive, cloud-based platform designed to simplify and automate the entire lifecycle of vehicle fleet and equipment leases and contracts. From defining replacement policies and monitoring vehicle usage to managing vendor appl...
Innago logo
Innago is a comprehensive, cloud-based rental management solution designed for landlords and property managers. It simplifies the entire rental process, from online rent collection and tenant screening to lease signing, work order management, ...
Nomos One logo
Nomos One is a comprehensive SaaS solution designed to simplify and automate lease accounting and management processes. From initial lease onboarding with expert data extraction and structuring, to diligent tracking of key dates like rent revi...
NetLease logo
NetLease is a native NetSuite SuiteApp designed to automate lease accounting processes and ensure compliance with ASC 842 and IFRS 16 standards. By embedding directly within your NetSuite environment, NetLease eliminates the complexities of in...
Stessa logo
Stessa is a leading real estate accounting solution designed specifically for landlords and property managers. Streamline your finances with automated income and expense tracking, online rent collection, tenant screening, and lease creation. G...
Yardi Kube logo
Yardi Kube is a comprehensive, all-in-one platform designed to simplify the management of flexible workspaces, including coworking spaces, serviced offices, and hybrid work environments. It empowers operators to efficiently manage leases, auto...
Nuvolo logo
Nuvolo Connected Workplace is a leading SaaS-based Integrated Workplace Management System (IWMS) built on the ServiceNow platform. Designed for modern, mobile-first organizations, Nuvolo streamlines the management of people, places, assets, an...

Buyer's Guide

Lease accounting software is crucial for businesses to comply with complex accounting standards like ASC 842 and IFRS 16, which require companies to recognize most leases on their balance sheets. This guide will walk you through what lease accounting software is, its essential functionalities, typical pricing, key integrations, and how to choose the best solution for your organization to ensure accurate financial reporting and efficient lease management.

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