Lease Accounting and Management Software Reviews and Ratings

What is Lease Accounting and Management Software?

Lease accounting and management software is a specialized type of business software designed to help organizations effectively manage and account for their lease agreements. It supports compliance with accounting standards such as ASC 842 and IFRS 16 by automating lease classification, measurement. It also generates comprehensive reports on lease liabilities, assets, expenses, and other financial metrics to facilitate financial statement preparation and analysis. This software is critical for companies that lease assets such as real estate, equipment, and vehicles, enabling them to adhere to relevant accounting standards and regulations.

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insightsoftware is a global provider of comprehensive solutions for the Office of the CFO. We believe an actionable business strategy begins and ends with accessible financial data. With solutions across financial planning and analysis (FP&A), accounting, and operations, we transform how teams operate, empowering leaders to make timely and informed decisions. With data at the heart of everything we do, insightsoftware enables automated processes, delivers trusted insights, boosts predictability, and increases productivity.

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LeaseQuery is a FinTech SaaS company that provides cloud-based solutions to address accounting complexities. The company's primary focus is on developing solutions for lease accounting under diverse governmental regulations, alongside SaaS spend management. Another significant aspect of their operations includes facilitating seamless integration with various Enterprise Resource Planning systems. Serving organizations in over 90 countries, LeaseQuery continues to aid in simplifying accounting procedures on a global scale.

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LeaseAccelerator, an insightsoftware company, is a global provider of lease lifecycle management software designed to streamline cash flow and long-term compliance. The company’s Software as a Service (SaaS) platform assists with the management and automation of a wide range of equipment and real estate leases. The platform offers features such as competitive sourcing through a global lessor network, integrated accounting, reporting and governance. Centrally managed lease data delivers insights for responding promptly to fluctuating economic situations. Additionally, sophisticated procurement process and end-of-term management contribute to considerable savings in equipment leasing costs.

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Accruent provides intelligent solutions for the management of the built environment, including real estate, integrated technology systems, and the connected physical and digital assets. Accruent strives to redefine how organizations utilize data to change their approach to facilities and assets management. By transforming the interaction between people and systems, Accruent makes the process more streamlined. The company has significant office locations in Austin, New Orleans, London, and Amsterdam. It offers its services to a diverse portfolio of industries across over 150 countries worldwide.

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MRI Software is a provider of software solutions for the real estate sector. Its offering assists in the transformation of how communities interact with commercial and residential property organizations. The software is comprehensive, flexible, open, and interconnected. As a result, it allows owners, operators, and occupiers in the real estate industry to adapt to quick market changes. Building on more than 50 years in the PropTech industry, MRI's software serves a wide user base across the globe. Offering a range of solutions and an extensive ecosystem of partners, MRI enables real estate organizations to enhance their operations and secure a competitive standing in their industry.

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Nakisa provides cloud-native enterprise-grade software, primarily supporting Lease Accounting, Lease Management, Real Estate, and HR operations. The developed solutions help teams carry out their principal tasks in a more efficient manner by offering insights, workflows, and automation. The product assortment includes Nakisa Lease Administration, which provides lessees and lessors with control over their leased assets portfolios, Nakisa Real Estate, which supports commercial real estate teams, and Nakisa HR Suite, an application for HR professionals designed to assist with workforce planning, organizational design, analytics, and prediction. Nakisa leverages microservices and different state-of-the-art technologies like Kubernetes, Kafka, and CI/CD frameworks to provide business-critical solutions that offer flexibility, scalability, and rapid innovation.

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Nakisa provides cloud-native enterprise-grade software, primarily supporting Lease Accounting, Lease Management, Real Estate, and HR operations. The developed solutions help teams carry out their principal tasks in a more efficient manner by offering insights, workflows, and automation. The product assortment includes Nakisa Lease Administration, which provides lessees and lessors with control over their leased assets portfolios, Nakisa Real Estate, which supports commercial real estate teams, and Nakisa HR Suite, an application for HR professionals designed to assist with workforce planning, organizational design, analytics, and prediction. Nakisa leverages microservices and different state-of-the-art technologies like Kubernetes, Kafka, and CI/CD frameworks to provide business-critical solutions that offer flexibility, scalability, and rapid innovation.

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NetGain Technologies, established in 1984, provides IT services to small and medium businesses across the Midwestern and Southeastern U.S. The main focus of the company is to manage IT services that ensure client organizations' IT infrastructure remains functional and supportive of their business objectives. By utilizing the best IT services and solutions, NetGain Technologies has contributed to the growth of multiple businesses within its regional footprint over its almost four-decade history.

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Tango is a company that focuses on providing Store Lifecycle Management and Integrated Workplace Management System software. The major business challenge it addresses is streamlining different aspects of businesses such as real estate, energy management, design and construction, lease administration and accounting, facilities along with desk booking, visitor management and space management. Tango offers a comprehensive cloud-based SaaS and mobile solution, accommodating companies ranging from those with a few dozens of locations to multinational corporations operating across more than 140 countries.

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Trullion’s AI-powered accounting platform automates financial workflows for finance teams, accountants, and auditors, enhancing efficiency, accuracy, and collaboration. An AI-native technology company, Trullion's solutions leverage advanced AI and machine learning to read, extract, and tag relevant data from contracts so that all accounting data is stored in one central system within moments. Corporate accounting teams can manage auditors’ access to data to increase transparency and ensure consistency. The Trullion platform also provides an instant communication tool so both accounting professionals and auditors can communicate in real time, creating a seamless workflow and ensuring that financial data is accurate from the moment it is entered. Founded in 2019 and headquartered in New York, with offices in Tel Aviv and London.

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Visual Lease is a lease optimization solution provider that enables organizations to use their lease portfolios to meet their strategic financial and operational objectives. Through its platform, it provides a centralized system for handling all lease-related financial, operational, and legal data. The platform is tailored to cater to every team that works with a company's lease portfolio. Armed with nearly three decades of experience, the solutions offered by Visual Lease assist companies in maintaining compliance with FASB, IFRS, GASB, and ISSB reporting requirements. It also helps mitigate the risks and enhance the value associated with their lease records. The software provided by Visual Lease is utilized by a substantial number of global organizations to manage a wide range of leased assets including real estate and equipment.

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