ProLease was built by industry veterans to give customers an uncompromising platform for real estate and equipment lease accounting. Our software delivers comprehensive functionality designed specifically to support the new FASB and IASB lease accounting guidelines (ASC 842 and IFRS 16).
Easily perform lease classification tests, generate lease capitalization schedules, run disclosure reports, and integrate with your existing accounting system to seamlessly transfer journal entries. We also support dual FASB and IASB reporting of the same lease. ProLease performs every task necessary to efficiently manage lease accounting.
ProLease’s Lease Accounting solution represents seven years of research, programming, and testing to create functionality that complies with the new lease accounting guidelines. We consulted closely with Bill Bosco, former ELFA chairman and member of the FASB’s Leases Project working committee. Our team also met with the FASB and IASB multiple times to review our questions and calculations. The result? The most intuitive lease accounting solution on the market today.
ProLease Lease Accounting software gives users a complete end-to-end solution for lease administration and lease accounting. Track your real estate and equipment leases, manage day-to-day changes, and comply with the new lease accounting guidelines, all on one platform. No other solution has been as thoroughly researched to provide a powerful, intuitive platform that’s ready to use today.
It’s time to start thinking about the way you approach lease accounting. Schedule a demo to see what ProLease can do for your business.
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.
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.
The ProLease development team can get you started by migrating your existing lease data into ProLease from virtually any database or file format.
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.