Sliding Navigation Panel
Profile image
Ask AiLease
Sliding Navigation Panel
Profile image
Ask AiLease
Profile image
Ask AiLease
AiLease...

IFRS 16 Lease Accounting Software

LeaseTracker’s IFRS 16 Lease Accounting Software is a cloud-based solution designed to automate lease accounting, ensure compliance, and provide complete visibility over your lease portfolio.

LeaseTracker IFRS 16 Software Icon

Simplify IFRS 16 Compliance. Eliminate Spreadsheet Risk.

Whether you manage 10 leases or 10,000 leases across multiple entities and countries, LeaseTracker helps you calculate, track, report, and audit every lease from a single secure platform.

Stop relying on complex spreadsheets that are prone to errors, version control issues, and audit challenges. With LeaseTracker, all lease information is centralised, calculations are automated, and financial reporting is available instantly.

LeaseTracker Compliance Icon

Why Companies Choose LeaseTracker

Managing IFRS 16 leases manually can be time-consuming and risky. Finance teams often struggle with:

  • Maintaining multiple spreadsheet versions
  • Calculating lease liabilities and right-of-use assets
  • Managing lease modifications and remeasurements
  • Producing audit-ready reports
  • Tracking renewals, escalations and variable interest rates
  • Consolidating lease information across business units

LeaseTracker solves these challenges by providing a single source of truth for all lease data while automatically performing the complex calculations required under IFRS 16.

LeaseTracker Key Features Icon

Key Features

Automated IFRS 16 Calculations

Generate accurate lease accounting calculations instantly, including:

  • Lease liabilities
  • Right-of-use assets
  • Interest calculations
  • Depreciation schedules
  • Lease modifications
  • Remeasurements
  • Impairments
  • Additions and terminations

All calculations are performed automatically and remain fully auditable.

Comprehensive Financial Reporting

Produce financial reports at the click of a button.

Available reports include:

  • Monthly journals
  • Year-to-date journals
  • Lease liability reconciliations
  • Right-of-use asset reconciliations
  • Additions and terminations
  • Remeasurement reports
  • Impairment reports
  • Maturity analyses
  • Future lease cashflow reports
  • IFRS 16 disclosure reports

Reports can be generated at:

  • Company level
  • Division level
  • Regional level
  • Group level
  • Consolidated level

Export reports directly to Excel for further analysis.

Forecasting, Budgeting & Cashflow Planning

Go beyond compliance.

LeaseTracker enables organisations to calculate:

  • Actual lease costs
  • Future lease cashflows
  • Budget figures
  • Forecast figures

This gives finance teams improved visibility into future commitments and supports more accurate financial planning.

Complete Audit Trail & User Segregation

Maintain strong internal controls and governance.

Every change made within the system is recorded and fully traceable.

Features include:

  • Role-based security
  • Segregation of duties
  • User approval workflows
  • Complete audit history
  • Secure cloud storage

Provide auditors with immediate access to supporting calculations and documentation.

Lease Contract Management

Store all lease agreements and supporting documents in one secure location.

Benefits include:

  • Centralised lease repository
  • Automated renewal reminders
  • Expiry notifications
  • Escalation tracking
  • Easy document retrieval

Never lose track of critical lease dates again.

Multi-Country & Multi-Entity Support

LeaseTracker supports organisations operating across multiple:

  • Countries
  • Currencies
  • Business units
  • Legal entities

Generate reports at any level of the organisation and simplify group reporting requirements.

Fast & Professional Onboarding

Our team of lease accounting specialists will assist with:

  • Data migration
  • Lease validation
  • Opening balance calculations
  • User training
  • Best-practice implementation guidance

Most clients are operational within weeks.

Why LeaseTracker Icon

Why LeaseTracker?

  • Cloud-based and accessible anywhere
  • Unlimited users at no additional cost
  • Supports international organisations
  • Built-in IFRS 16 compliance
  • Comprehensive reporting and disclosures
  • Full audit trail and user segregation
  • Budgeting, forecasting and cashflow analysis
  • Professional onboarding and support
  • Designed by finance professionals for finance professionals

BOOK A FREE DEMO

Book a free no obligation demo

BOOK A FREE DEMO

Book a free no obligation demo

Error: Contact form not found.