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Lease Accounting Software with Compliance Management (2026)

Last updated: April 2026

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Why is compliance management important for lease accounting software users?

Based on GetApp's analysis of verified user reviews collected between July 2021 and August 2024.

Compliance management ensures adherence to GAAP and IFRS standards, facilitates seamless transition to new regulations, supports financial reporting, reduces manual errors, and simplifies audits, providing peace of mind for businesses. Of the 50 reviewers who rated compliance management, 78% rated this feature as important or highly important.

Key features of lease accounting software based on insights from 188 verified reviews

  • Accounting: Users value detailed reports, automated journal entries, and compliance with GAAP and IFRS, reducing manual work and ensuring accuracy. 99% of reviewers rated this feature as important or highly important.
  • Amortization Schedule: Reviewers appreciate the detailed, easy-to-update schedules that streamline tracking, audit preparation, and financial forecasting. 97% of reviewers rated this feature as important or highly important.
  • Reporting/Analytics: Users find the extensive, customizable reports vital for audits, financial disclosures, and internal management, enhancing efficiency and accuracy. 93% of reviewers rated this feature as important or highly important.
  • Document Management: Users benefit from centralized document storage, easy access to lease agreements, and integration with accounting entries for better organization. 75% of reviewers rated this feature as important or highly important.
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47 software options

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Lease Accounting Software for ASC 842, FRS 102, IFRS & GASB.

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LeaseQuery is lease accounting software built by accountants for accountants that ensures compliance with ASC 842, FRS 102, IFRS 16, and GASB 87. The CPA-approved system identifies and eliminates accounting errors that lead to material misstatements with minimal disruption to your business.

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NetLease logo

Automated lease accounting and compliance to ASC 842/IFRS 16

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NetLease provides businesses the fastest path to ASC 842 and IFRS 16 compliance using the most powerful lease accounting solution embedded in NetSuite. Easily manage lease accounting, generate audit-ready disclosures and get reporting on day one, including roll forward and waterfall reports.

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Re-Leased logo

Commercial property management software

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Re-Leased is a comprehensive commercial property management software designed to empower property professionals and help them run their real estate businesses more efficiently. The platform offers a robust set of features tailored to the unique needs of property owners, investors, and management companies.

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The standard for lease accounting software

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Visual Lease is a web-based FASB-IASB compliant lease management system with configurable contract clauses, suitable for use with real estate & equipment leases

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MRI Property Management logo

Cloud-based property management software

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Unify all your leasing, property management, facilities, and finance operations with MRI’s AI-powered property management software.

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Spacebase logo

Modern lease accounting and lease management

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User-friendly lease accounting and lease management software. Manage your lease portfolio and comply with the ASC 842, IFRS 16, and GASB 87 lease accounting standards, export journal entries, disclosures, and more, all through a trusted 100% cloud hosted platform.

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ExactEstate: All-in-one property management solution, designed for ease of use. Streamlines lease renewals, accounting, maintenance, and vacant property tracking at one single low price. Built with property managers, for property managers; we offer efficient navigation with a customizable dashboard.

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Lucernex logo

A comprehensive real estate management solution

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Lucernex lease accounting software integrates with critical tools and centralizes documentation and data for streamlined lease administration and accounting. It also has a 100% success rate at helping teams become compliant with FASB ASC 842, IASB IFRS 16, GASB 87, and more.

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FMIS Fixed Asset Management logo

Asset management software for tracking, maintenance, and acc

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Lease accounting software for lessees, supporting IFRS 16, ASC 842, and FRS 102 with automated calculations and audit-ready reporting.

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Cloud-based software for debt and lease management

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DebtBook enables governments, higher education, and healthcare to simplify and improve debt and lease management and implement and ensure ongoing compliance with GASB-87.

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Rex Cirrus8 logo

Commercial property management software that grows with you.

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With Rex Cirrus8, managing your commercial, retail, and industrial properties is easier than ever. Our cloud-based platform keeps everything organised and running smoothly, giving you more time to focus on growth and the people behind your success.

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MRI ProLease logo

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MRI ProLease is a complete end-to-end, AI powered solution for lease administration and lease accounting which helps with the management of owned, leased, and sub-leased properties.

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LOIS logo

Turn lease complexity into commercial clarity

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Powerful, expert-built lease software that cuts costs, ensures IFRS 16 compliance, and gives finance and property teams total control.

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Accruent logo

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Accruent’s lease accounting software helps businesses streamline and manage lease agreements while maintaining compliance with ASC 842, IFRS, GASB, and other standards. It helps organize lease data, calculate financial obligations, generate reports, and ensure adherence to regulatory requirements.

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Simplify ASC 842 compliance for your lease portfolio. Occupier automates journal entries, ROU calculations, and audit-ready reports—eliminating manual errors and month-end stress. Built for tenants with 30+ leases who need accurate, reliable compliance without the complexity. Free demo available.

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Trullion logo

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Trullion is the world's first and only AI-powered lease accounting software. CFOs, Accounting Teams, and Auditors can leverage AI to minimize risk, enhance compliance, and increase efficiency.

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Nomos One logo

Lease accounting and lease management software

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Nomos One is your effortless lease accounting and lease management software solution to help you achieve IFRS 16 compliance.

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EZLease logo

Easy leasing, easy compliance, easy support

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Cloud lease accounting for ASC 842, IFRS 16 & GASB compliance. 85% reduction in manual due diligence & faster close.

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Nakisa IWMS logo

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Enterprise-grade lease accounting software for 300+ leased or sub-leased assets. Native bidirectional ERP integrations, multi-currency, irregular calendars, automated operations, and calculations, parallel compliance with IFRS 16, ASC 842, and local GAAP.

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Nakisa Lease Accounting logo

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Nakisa Lease Accounting (NLA) is cloud-native software for complex portfolios with 300+ leases. NLA offers built-in parallel compliance with ASC 842, IFRS 16, and GAAP. Disclosure reporting, 10K/10Q reports, true asset accounting, indexation, non-standard calendar, native bilateral ERP integrations.

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