Lease Administration & Accounting

Solutions

Lease Management Software for Administration & Accounting

Manage Lease Compliance and Make Informed Decisions

It’s mission-critical for your lease administration and accounting solution to support compliance, mitigate risk and provide transparency into your entire lease portfolio for better decision making. Accruent's lease software solutions give you all of this and more.

Touchscreen of Compliance Software Solution For FASB & IASB
FASB & IASB Compliance Software
Man and woman collaboration on work
Full-Service Lease Administration
Business woman working on reporting
Comprehensive Reporting

FASB and IASB Compliance Software

As the clock is ticking and FASB and IASB lease accounting compliance deadline looms, we've made it easy for you to select the perfect partner. 

FASB and IASB Lease Compliance Software Partners
Experienced & Trusted By Top Companies
Proven Implementation
Single Solution for Real Estate and Equipment Leases
Multi-Currency/Multi-Lingual
Single Platform for Retail Store Lifecycle Management
Lease Administration Software for Equipment & Real Estate Leases Being Discussed
Lease Administration & Accounting - Equipment & Real Estate Leases

Manage the most complex real estate and equipment lease scenarios, mitigate risk, achieve compliance and seamlessly integrate into your ERP. 

Lease Management Software for Commercial Real Estate
Lease Administration & Accounting - Commercial Real Estate

Centralized lease management software providing critical date management, notifications, simplified rent payments, advanced reporting, and location mapping.

FASB Deadline Dates for Compliance

  • 2019 Fiscal Year – U.S. Public and International Companies (FASB/IASB)
  • 2020 Fiscal Year – U.S. Private Companies & Government Organizations (FASB/GASB)

What Is Lease Management Software?

A system designed for storing, managing, accessing, and tracking lease information across single or multiple organizational units and asset types. Lease management software is typically used where complexity, geographic diversity, and frequently-changing compliance standards make a manual process difficult and error prone for lease managers and accountants.

How to Choose the Best Lease Accounting Software for Your Business

Consider these questions before choosing the software vendor to trust with your leasing compliance:

1.) Is it a complete and robust software solution?

  • Able to accurately classify leases as operating or finance using the FASB ASC 842 test
  • Designed to meet the needs of both real estate and equipment leases

2.) Is the platform fully-configurable to your unique needs?

  • Allows you to handle the most complex leases
  • Flexible enough to work and scale in your specific sector whether retail, corporate, healthcare, telecom, public sector, etc.

3.) Can the vendor help you reach full compliance with FASB/IASB and FASB/GASB regulations and guidelines?

  • Meets financial reporting requirements under FASB ASC 842, IASB IFRS 16 and GASB No. 87
  • Verified results by a 3rd-party independent accounting firm for accuracy and certified FASB/IASB calculations

Lease Administration Software | Key Requirements

Ease Of Use

  • Clickable lease abstracts
  • Configurable dashboards
  • Mobile access on smartphones & tablets
  • Full internationalization

Data Management, Reporting & Tracking Capabilities

  • Key date alerts and reporting
  • Amendment tracking
  • Unlimited subtenants
  • Center detail tracking
  • Security & authentication management
  • Covenant tracking
  • Co-tenancy tracking
  • Lease Analytics
  • Report builders

Operational & Management Improvements

  • Maintenance task info management
  • Insurance certifications access
  • Security deposit management
  • Workflow builders
  • Equipment lease management
  • Franchise management
  • License management
  • Document management