EQUIPMENT LEASE ADMINISTRATION
SOFTWARE BY PROLEASE

The Most Comprehensive Equipment Lease Platform on the Market

When it comes to managing equipment leases while complying with the new FASB/IASB guidelines, no solution is more intuitive — or more robust — than ProLease’s Equipment Lease software.

As part of the larger ProLease platform, our Equipment Lease module gives accounting and finance professionals the power to track and manage assets of every kind: office equipment, IT equipment, warehouse tools, fleet vehicles, and more.

ProLease also gives users constant visibility of critical data points like lease terms, options, expenses, taxes, depreciation schedules, residual value guarantees, and renewal/purchase/return critical dates.

Key Features

  • Excel Data Upload Template
  • Track Multiple Assets in a Lease
  • Account at Lease or Asset Level
  • Manage Expenses and Taxes
  • Critical Date Email Alarms
  • Document Management
  • Standard and Custom Reporting
  • Live Support from Lease Experts

Turnkey Implementation Services

Training

The ProLease professional services team is available to schedule multiple training sessions for your various user groups. Training can be performed onsite at your office or via web meeting.

Accounting Integration

Automate your rent payment process, accounting journal entries, and more with ProLease accounting system integration. We have helped clients integrate ProLease with systems including Oracle, SAP, Lawson, Workday, Great Plains, and others.

Data Migration

The ProLease development team can get you started by migrating your existing lease data into ProLease from virtually any database or file format.

Lease Abstraction

We work closely with our business partners to abstract and enter leases directly into your ProLease database, as part of your initial implementation as well as ongoing support.

Lease Accounting: The Big Picture

Expanded support from ProLease

With integrated Real Estate and Equipment modules, ProLease is one of the few platforms offering a complete lease administration and lease accounting solution that complies with the new FASB/IASB guidelines. We have met and worked directly with the FASB and IASB over the last seven years to build a compliant software solution for every activity related to lease accounting.

  • Perform lease classification tests
  • Generate lease capitalization schedules for finance and operating leases
  • Provide dual FASB and IASB reporting on the same lease
  • Interface with your accounting system for journal entries
  • Generate disclosure reports (coming soon)

READY TO GET STARTED?