Soft4Lessee is a software solution for lease accounting under IFRS 16/ ASC 842/ AASB 16 standard. Soft4Lessee will help your business to get ready for the transition and manage it easily. Don’t be the last to meet the IFRS16 changes - explore how Pipol through the Soft4Lesse solution can simplify your lease accounting.
Plan the transition to the IFRS 16
Lease accounting software Soft4lessee provides core lease management capabilities and helps to navigate the complexity of new IFRS 16 standard – calculate the impact and choose one of the transition options.
Comply with new and existing lease accounting standards
Soft4Lessee is integrated solution that allows you to store all lease accounting information and access it anytime. Soft4Lessee handles the entire lifecycle of leases. Use Soft4Lessee to manage lease agreement data, upload new leases every month, let the system calculate values and download G/L transactions.
Prepare reports for IFRS 16 presentation and disclosures
Provides accurate reports for your financial reporting and helps to prepare additional information for IFRS 16 disclosures. In the Statement of financial position, businesses have to present right-of-use assets, per asset category and lease liabilities, separately from other liabilities. These are readily available from Soft4Lessee as an excel report and/or data file of G/L transactions for uploading to other systems.
Choose what’s right for your business
Soft4Lessee is a flexible fit-for-purpose solution for all company and portfolio sizes. Whether your company has 3 or 3,000+ agreements – Soft4Lessee can help you manage your lease accounting effectively. Available both on-premises and in the cloud, used with a purchased-in-advance license, subscription-based or SaaS (Cloud). Take control of your lease accounting with the solution that best fits your business needs.
Transition without stress
Select trustworthy experts with international practice and 15+ years of experience to manage your transition to IFRS 16.
Easy and quick compliance
Get started within 8 hours with subscription based model (SaaS) hosted in Cloud. Custom development is available with purchased licence.
Ensure correct calculations and avoid manual data entry mistakes.
Soft4Lessee is powered by Microsoft Dynamics NAV – a trusted and scalable platform.
Can be developed / adjusted or integrated with other ERP systems (SAP,Oracle, NetSuite, Epicor etc.)