Comprehensive IFRS 16 & AASB 16 lease accounting software
Lease accounting is a complex area for many businesses. Real estate leases, vehicle leases, and equipment agreements often sit across multiple departments, making it difficult to keep everything in order. This is why specialized tools are needed, and why SOFT4Lessee was created.
SOFT4Lessee is developed by SOFT4, a technology company with deep expertise in business management software. The solution is built to cover the full lease lifecycle, from the first contract to the end of the agreement. It helps organizations reduce time spent on manual tracking, ensure compliance with changing standards, and maintain consistency across financial reports.
The software supports IFRS 16, ASC 842, and AASB 16, which means companies across Europe, North America, and Australia can use one tool to stay compliant. For global enterprises, this avoids the need to run different systems for different regions.
Thousands of users across industries rely on SOFT4Lessee to handle their lease accounting processes. Some use it to manage a handful of equipment leases, while others depend on it to handle large real estate portfolios across many countries. No matter the size, the platform adapts to the complexity of the business.
Because it is built on Microsoft Dynamics 365, the system works seamlessly with widely used ERP software. Lease information flows into general ledger postings, reducing the risk of mismatched data between the lease module and the financial system. This foundation also reassures CFOs and auditors who need strong controls in place.
In short, SOFT4Lessee is more than just a digital ledger. It positions itself as an IFRS 16 platform designed for accuracy, compliance, and simplicity. Like its competitors, it also offers supporting resources such as demos and a Knowledge Center, making it easier for new users to understand the system before committing.
Key features: robust compliance and automation
One of the biggest challenges in lease accounting is the risk of human error. Using Excel spreadsheets to manage lease portfolios is not only time-consuming but also risky. Mistakes in formulas or missed updates can lead to compliance issues during audits.
SOFT4Lessee addresses this by automating the critical tasks that finance teams struggle with most.
Lease agreement management
Leases are stored and managed in a centralized system. This removes the need to track documents in separate folders or rely on individuals to update them. Finance and accounting teams can see all lease details in one place, including start dates, payment terms, and renewal options.
Lease classification
The software automatically classifies leases as operating or finance leases according to the rules of IFRS 16 and AASB 16. This ensures consistent treatment across the organization, preventing disputes or errors when auditors review the accounts.
Automated calculations
Manual calculations are often where errors creep in. SOFT4Lessee automates all the steps: present value of lease payments, depreciation schedules, interest expenses, and remeasurements when contracts change. This level of automation saves hours of work each month.
Handling modifications and renewals
Leases rarely stay the same for their entire duration. Businesses may extend a real estate lease, shorten an equipment rental, or renegotiate terms. The system manages these modifications while keeping the records compliant.
Disclosure reports
Reporting is one of the heaviest workloads under IFRS 16. SOFT4Lessee includes built-in reports that are audit-ready. Disclosure reports can be generated with just a few clicks, giving finance teams what they need for quarterly or annual reporting.
Real-time simulations
For organizations adopting IFRS 16, the transition can be stressful. SOFT4Lessee allows users to simulate the impact using either the Effective Date or Comparative method. This gives finance teams a clear view of how balance sheets will change before the standard takes effect.
Multi-currency and multi-company support
Many companies operate across borders. SOFT4Lessee handles multi-currency environments and supports multiple company structures, which makes it suitable for international groups.
Audit trails
Every action in the system is logged, creating a strong audit trail. This feature is essential when demonstrating compliance to regulators and auditors.
Together, these capabilities help organizations better manage IFRS 16 software leases without relying on manual methods.
Industry use cases and benefits
Every industry faces unique challenges when it comes to lease accounting. SOFT4Lessee adapts to different sectors, making it flexible for both small companies and large enterprises.
Real estate: Property management companies can manage hundreds of lease contracts, track renewals, and generate disclosure reports for investors.
Retail: Businesses with multiple store locations often deal with complex rental agreements. SOFT4Lessee helps classify leases, handle renewals, and simplify reporting under IFRS 16.
Manufacturing and logistics: Equipment and fleet leases can be tracked in one system, giving finance teams accurate visibility into costs and liabilities.
Public sector and non-profits: These organizations benefit from transparent reporting and strong audit trails, ensuring compliance with regulations.
For each of these industries, the benefit is the same: fewer manual errors, faster reporting cycles, and compliance with standards such as IFRS 16 and AASB 16. By showing practical applications, SOFT4Lessee demonstrates that it is more than just IFRS 16 lease software, it is a versatile solution across different sectors.
Seamless ERP integration and data management
Integration with existing systems is often the deciding factor for accounting teams. SOFT4Lessee is designed to connect directly with the ERP and finance tools businesses already use.
Supported integrations include:
Microsoft Dynamics 365
SAP
Oracle NetSuite
Sage
Xero
This wide compatibility means companies don’t need to replace their ERP systems. Instead, SOFT4Lessee extends them with specialized lease accounting features.
For businesses still relying on spreadsheets, migration is straightforward. Lease data can be imported from Excel or web services, avoiding the need for lengthy manual data entry. Once the information is in the system, it stays synchronized with the general ledger through automatic postings.
Built-in data export tools allow reports and calculations to be shared securely. For documentation, the software also provides secure storage, so contracts and lease-related files are kept in one place.
This setup ensures audit readiness, but it also improves daily decision-making. Finance leaders can analyze lease data more effectively when it is connected to the ERP system rather than scattered across multiple files.
By positioning itself as lease accounting software IFRS 16 professionals can depend on, SOFT4Lessee provides both accuracy and operational efficiency.
Security and data governance
Financial data is sensitive, and lease records are no exception. SOFT4Lessee is built with security and data governance in mind.
Access control: Only authorized users can access lease data. Permissions can be set based on roles, ensuring finance teams see what they need while restricting other access.
Data encryption: Information is stored and transmitted securely, reducing the risk of breaches.
Audit logs: Every action is recorded in the system, creating a reliable history for compliance reviews.
Deployment flexibility: Organizations can choose cloud hosting with secure data centers or on-premises deployment for full internal control.
For businesses with strict IT and compliance policies, these features matter as much as automation or reporting. Knowing that the system aligns with security standards gives CFOs and IT leaders confidence to adopt it.
This attention to governance makes SOFT4Lessee not only strong lease accounting software IFRS 16 users can depend on, but also a system trusted by auditors and regulators.
Flexible pricing and deployment for all businesses
Not every organization has the same needs. A small business with five equipment leases does not require the same setup as a multinational company with hundreds of real estate leases.
SOFT4Lessee recognizes this and offers different pricing and deployment options.
Small businesses can start with the Excel Calculator, a lightweight tool designed for fewer than 10 leases. It comes with a one-time fee of €500, making it accessible even for smaller budgets.
Larger organizations can choose scalable licensing, starting at €190. This version offers full software capabilities, supporting automation, integration, and reporting.
Deployment options include:
Cloud hosting: A pay-as-you-use service that reduces upfront costs. This option suits businesses that want a quick setup and flexible scaling.
On-premises deployment: Designed for organizations with strict IT or data governance policies. It allows complete control over where the data is stored and how the system is managed.
A detailed pricing page is available for those who want a full breakdown or customized quote. This ensures transparency and allows companies to evaluate the system before committing.
For businesses comparing competitors, these options make SOFT4Lessee attractive. Whether it’s the Excel Calculator for smaller teams or full-scale deployment for enterprises, the solution adapts to the size of the client.
Support, training, and customer success
Technology alone is not enough. Adopting new software requires strong support and training to ensure success.
SOFT4 provides a Knowledge Center with blogs, case studies, and videos that explain both the standards and the software. These resources are similar to the “Knowledge Hubs” offered by competitors but tailored specifically to SOFT4Lessee.
Every client is assigned a consultant who works directly with them. This person helps during implementation and ensures the system is aligned with the client’s business needs.
Training is also a core part of the offering. Teams can access:
Onboarding webinars designed for their specific business case
Troubleshooting guides for everyday issues
Ongoing technical support when problems arise
This approach helps finance teams quickly get up to speed and remain confident when handling compliance. By supporting users every step of the way, SOFT4 builds long-term trust with its clients.
For organizations looking for software IFRS 16 teams can rely on, support and training are as important as features.
Global standards compliance: IFRS 16, ASC 842, AASB 16
Lease accounting standards vary around the world. While IFRS 16 is widely adopted, companies in the US must comply with ASC 842, and Australian firms follow AASB 16.
SOFT4Lessee covers all three. This ensures that multinational companies can rely on one system instead of juggling multiple solutions.
The software provides:
Compliance with disclosure requirements
Audit trails to satisfy regulators
Transition tools to simulate financial impacts
This makes SOFT4Lessee not just an IFRS-focused product but also a global solution. Its ability to handle IFRS 16 lease software alongside ASC 842 and AASB 16 makes it especially valuable for businesses operating in several regions.
Frequently asked questions on lease accounting software
What is IFRS 16 lease accounting software?
It is software designed to help organizations comply with IFRS 16 by automating calculations, lease classification, and disclosures. In practice, it functions as software IFRS 16 finance teams can trust.
How does SOFT4Lessee ensure IFRS 16 and AASB 16 compliance?
The system includes automated calculations, classification tools, audit trails, and disclosure reports. These features guarantee compliance while reducing manual effort.
Can SOFT4Lessee integrate with my existing ERP system?
Yes. It integrates with Microsoft Dynamics 365, SAP, Oracle, Sage, Xero, and NetSuite. It also supports Excel imports for simpler setups.
What deployment options are available?
Users can choose between cloud hosting for flexibility or on-premises deployment for more control over data.
How much does SOFT4Lessee cost?
Pricing depends on the number of leases and the deployment model. Small businesses can start with the Excel Calculator (€500), while licensing for larger organizations begins at €190.
Why it makes sense to choose SOFT4Lessee
SOFT4Lessee is a strong option for businesses looking for IFRS 16 software solutions, AASB 16 software, or IFRS 16 lease accounting software. It combines automation, compliance, ERP integration, and strong support, making it a practical choice for finance teams of all sizes.
By focusing on both features and client success, SOFT4Lessee proves itself as reliable lease accounting software IFRS 16 organizations can trust. Whether for small teams managing equipment or multinational enterprises with real estate portfolios, it provides a consistent, accurate, and compliant solution.
Related articles
Comprehensive IFRS 16 & AASB 16 lease accounting software
Lease accounting is a complex area for many businesses. Real estate leases, vehicle leases, and equipment agreements often sit across multiple departments, making it difficult to keep everything in order. This is why specialized tools are needed, and why SOFT4Lessee was created.
SOFT4Lessee is developed by SOFT4, a technology company with deep expertise in business management software. The solution is built to cover the full lease lifecycle, from the first contract to the end of the agreement. It helps organizations reduce time spent on manual tracking, ensure compliance with changing standards, and maintain consistency across financial reports.
The software supports IFRS 16, ASC 842, and AASB 16, which means companies across Europe, North America, and Australia can use one tool to stay compliant. For global enterprises, this avoids the need to run different systems for different regions.
Thousands of users across industries rely on SOFT4Lessee to handle their lease accounting processes. Some use it to manage a handful of equipment leases, while others depend on it to handle large real estate portfolios across many countries. No matter the size, the platform adapts to the complexity of the business.
Because it is built on Microsoft Dynamics 365, the system works seamlessly with widely used ERP software. Lease information flows into general ledger postings, reducing the risk of mismatched data between the lease module and the financial system. This foundation also reassures CFOs and auditors who need strong controls in place.
In short, SOFT4Lessee is more than just a digital ledger. It positions itself as an IFRS 16 platform designed for accuracy, compliance, and simplicity. Like its competitors, it also offers supporting resources such as demos and a Knowledge Center, making it easier for new users to understand the system before committing.
Key features: robust compliance and automation
One of the biggest challenges in lease accounting is the risk of human error. Using Excel spreadsheets to manage lease portfolios is not only time-consuming but also risky. Mistakes in formulas or missed updates can lead to compliance issues during audits.
SOFT4Lessee addresses this by automating the critical tasks that finance teams struggle with most.
Lease agreement management
Leases are stored and managed in a centralized system. This removes the need to track documents in separate folders or rely on individuals to update them. Finance and accounting teams can see all lease details in one place, including start dates, payment terms, and renewal options.
Lease classification
The software automatically classifies leases as operating or finance leases according to the rules of IFRS 16 and AASB 16. This ensures consistent treatment across the organization, preventing disputes or errors when auditors review the accounts.
Automated calculations
Manual calculations are often where errors creep in. SOFT4Lessee automates all the steps: present value of lease payments, depreciation schedules, interest expenses, and remeasurements when contracts change. This level of automation saves hours of work each month.
Handling modifications and renewals
Leases rarely stay the same for their entire duration. Businesses may extend a real estate lease, shorten an equipment rental, or renegotiate terms. The system manages these modifications while keeping the records compliant.
Disclosure reports
Reporting is one of the heaviest workloads under IFRS 16. SOFT4Lessee includes built-in reports that are audit-ready. Disclosure reports can be generated with just a few clicks, giving finance teams what they need for quarterly or annual reporting.
Real-time simulations
For organizations adopting IFRS 16, the transition can be stressful. SOFT4Lessee allows users to simulate the impact using either the Effective Date or Comparative method. This gives finance teams a clear view of how balance sheets will change before the standard takes effect.
Multi-currency and multi-company support
Many companies operate across borders. SOFT4Lessee handles multi-currency environments and supports multiple company structures, which makes it suitable for international groups.
Audit trails
Every action in the system is logged, creating a strong audit trail. This feature is essential when demonstrating compliance to regulators and auditors.
Together, these capabilities help organizations better manage IFRS 16 software leases without relying on manual methods.
Industry use cases and benefits
Every industry faces unique challenges when it comes to lease accounting. SOFT4Lessee adapts to different sectors, making it flexible for both small companies and large enterprises.
Real estate: Property management companies can manage hundreds of lease contracts, track renewals, and generate disclosure reports for investors.
Retail: Businesses with multiple store locations often deal with complex rental agreements. SOFT4Lessee helps classify leases, handle renewals, and simplify reporting under IFRS 16.
Manufacturing and logistics: Equipment and fleet leases can be tracked in one system, giving finance teams accurate visibility into costs and liabilities.
Public sector and non-profits: These organizations benefit from transparent reporting and strong audit trails, ensuring compliance with regulations.
For each of these industries, the benefit is the same: fewer manual errors, faster reporting cycles, and compliance with standards such as IFRS 16 and AASB 16. By showing practical applications, SOFT4Lessee demonstrates that it is more than just IFRS 16 lease software, it is a versatile solution across different sectors.
Seamless ERP integration and data management
Integration with existing systems is often the deciding factor for accounting teams. SOFT4Lessee is designed to connect directly with the ERP and finance tools businesses already use.
Supported integrations include:
Microsoft Dynamics 365
SAP
Oracle NetSuite
Sage
Xero
This wide compatibility means companies don’t need to replace their ERP systems. Instead, SOFT4Lessee extends them with specialized lease accounting features.
For businesses still relying on spreadsheets, migration is straightforward. Lease data can be imported from Excel or web services, avoiding the need for lengthy manual data entry. Once the information is in the system, it stays synchronized with the general ledger through automatic postings.
Built-in data export tools allow reports and calculations to be shared securely. For documentation, the software also provides secure storage, so contracts and lease-related files are kept in one place.
This setup ensures audit readiness, but it also improves daily decision-making. Finance leaders can analyze lease data more effectively when it is connected to the ERP system rather than scattered across multiple files.
By positioning itself as lease accounting software IFRS 16 professionals can depend on, SOFT4Lessee provides both accuracy and operational efficiency.
Security and data governance
Financial data is sensitive, and lease records are no exception. SOFT4Lessee is built with security and data governance in mind.
Access control: Only authorized users can access lease data. Permissions can be set based on roles, ensuring finance teams see what they need while restricting other access.
Data encryption: Information is stored and transmitted securely, reducing the risk of breaches.
Audit logs: Every action is recorded in the system, creating a reliable history for compliance reviews.
Deployment flexibility: Organizations can choose cloud hosting with secure data centers or on-premises deployment for full internal control.
For businesses with strict IT and compliance policies, these features matter as much as automation or reporting. Knowing that the system aligns with security standards gives CFOs and IT leaders confidence to adopt it.
This attention to governance makes SOFT4Lessee not only strong lease accounting software IFRS 16 users can depend on, but also a system trusted by auditors and regulators.
Flexible pricing and deployment for all businesses
Not every organization has the same needs. A small business with five equipment leases does not require the same setup as a multinational company with hundreds of real estate leases.
SOFT4Lessee recognizes this and offers different pricing and deployment options.
Small businesses can start with the Excel Calculator, a lightweight tool designed for fewer than 10 leases. It comes with a one-time fee of €500, making it accessible even for smaller budgets.
Larger organizations can choose scalable licensing, starting at €190. This version offers full software capabilities, supporting automation, integration, and reporting.
Deployment options include:
Cloud hosting: A pay-as-you-use service that reduces upfront costs. This option suits businesses that want a quick setup and flexible scaling.
On-premises deployment: Designed for organizations with strict IT or data governance policies. It allows complete control over where the data is stored and how the system is managed.
A detailed pricing page is available for those who want a full breakdown or customized quote. This ensures transparency and allows companies to evaluate the system before committing.
For businesses comparing competitors, these options make SOFT4Lessee attractive. Whether it’s the Excel Calculator for smaller teams or full-scale deployment for enterprises, the solution adapts to the size of the client.
Support, training, and customer success
Technology alone is not enough. Adopting new software requires strong support and training to ensure success.
SOFT4 provides a Knowledge Center with blogs, case studies, and videos that explain both the standards and the software. These resources are similar to the “Knowledge Hubs” offered by competitors but tailored specifically to SOFT4Lessee.
Every client is assigned a consultant who works directly with them. This person helps during implementation and ensures the system is aligned with the client’s business needs.
Training is also a core part of the offering. Teams can access:
Onboarding webinars designed for their specific business case
Troubleshooting guides for everyday issues
Ongoing technical support when problems arise
This approach helps finance teams quickly get up to speed and remain confident when handling compliance. By supporting users every step of the way, SOFT4 builds long-term trust with its clients.
For organizations looking for software IFRS 16 teams can rely on, support and training are as important as features.
Global standards compliance: IFRS 16, ASC 842, AASB 16
Lease accounting standards vary around the world. While IFRS 16 is widely adopted, companies in the US must comply with ASC 842, and Australian firms follow AASB 16.
SOFT4Lessee covers all three. This ensures that multinational companies can rely on one system instead of juggling multiple solutions.
The software provides:
Compliance with disclosure requirements
Audit trails to satisfy regulators
Transition tools to simulate financial impacts
This makes SOFT4Lessee not just an IFRS-focused product but also a global solution. Its ability to handle IFRS 16 lease software alongside ASC 842 and AASB 16 makes it especially valuable for businesses operating in several regions.
Frequently asked questions on lease accounting software
What is IFRS 16 lease accounting software?
It is software designed to help organizations comply with IFRS 16 by automating calculations, lease classification, and disclosures. In practice, it functions as software IFRS 16 finance teams can trust.
How does SOFT4Lessee ensure IFRS 16 and AASB 16 compliance?
The system includes automated calculations, classification tools, audit trails, and disclosure reports. These features guarantee compliance while reducing manual effort.
Can SOFT4Lessee integrate with my existing ERP system?
Yes. It integrates with Microsoft Dynamics 365, SAP, Oracle, Sage, Xero, and NetSuite. It also supports Excel imports for simpler setups.
What deployment options are available?
Users can choose between cloud hosting for flexibility or on-premises deployment for more control over data.
How much does SOFT4Lessee cost?
Pricing depends on the number of leases and the deployment model. Small businesses can start with the Excel Calculator (€500), while licensing for larger organizations begins at €190.
Why it makes sense to choose SOFT4Lessee
SOFT4Lessee is a strong option for businesses looking for IFRS 16 software solutions, AASB 16 software, or IFRS 16 lease accounting software. It combines automation, compliance, ERP integration, and strong support, making it a practical choice for finance teams of all sizes.
By focusing on both features and client success, SOFT4Lessee proves itself as reliable lease accounting software IFRS 16 organizations can trust. Whether for small teams managing equipment or multinational enterprises with real estate portfolios, it provides a consistent, accurate, and compliant solution.