Cliclease Lease Accounting
IFRS 16 Software for Lease Accounting and Compliance
Choose the best IFRS 16 compliance software on the market! Designed for international businesses, Cliclease centralizes and automates lease accounting operations and ensures precise reporting under the IFRS 16 lease accounting standard. Easily track the right-of-use assets and liabilities, classify operating and finance leases, and automate your lease accounting with Cliclease.
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Why implement Cliclease's IFRS 16 lease accounting software solution for international businesses?
Cliclease was among the first few companies in the world to deliver lease management and lease accounting software designed to maintain compliance with IFRS 16, ASC 842, and local GAAP. It enables global businesses that must report under the IASB’s international accounting standards to accurately track all aspects of their lease agreements for any tangible leased assets (such as property, equipment, fleet, and land). Whether you’re a global organization or a business with international operations, we can help. Read More
How can we support your IFRS 16 compliance initiatives?
Cliclease Lease Administration software is used by organizations worldwide to support compliance with lease accounting standards. With key features and functionalities to support the unique lease accounting requirements for global companies, Cliclease’s IFRS 16 accounting software helps to:
Consolidate lease contracts
Leverage master data from existing systems
Track and record ROU assets and liabilities
Facilitate accounting and financial reporting
Lease Accounting
Benefit from contract and asset-level accounting. You'll have all the functionality to track lease data, modify leases in batches, manage lease payments, and ensure accurate disclosure reporting.
Lease Management
Facilitate lease lifecycle management from data import and ERP synchronization to lease buyout or termination. Designed for all lease types: vehicles, land, real estate, and equipment leases.
International Use Cases
Available in multiple languages and made for global use with foreign currency translation, Cliclease supports IFRS 16, ASC 842, and local GAAP accounting standards, as well as non-calendar fiscal year reporting.
Flexible Deployment
Leverage cloud technology and rapid deployment to get you up and running with a fully integrated solution to automate postings in your GL in any ERP (SAP ECC, SAP S4/HANA, Oracle, and more) and other financial modules.
IFRS 16 compliance and accounting software with all functionalities in an intuitive interface
Cliclease Lease Administration software offers comprehensive lease management capabilities that cover the entire lease lifecycle, from the initial contract inception to the eventual termination. With our reporting functionality, you can easily generate pre-configured disclosure reports that can be used to build your financial statements. Our finance platform is built to handle the accounting needs of both lessees and lessors, as well as real estate management.
Streamline compliance
and optimize business processes
Implementing robust lease accounting software empowers businesses to navigate the complexities of standards like IFRS 16, ASC 842, and IPSAS 43. Additionally, it automates lease accounting processes, streamlines collaboration, and eliminates manual tasks and errors. By adhering to best practices in financial reporting and lease management, businesses can achieve greater efficiency and accuracy in their operations.
Fast and easy setup
Importing spreadsheets with your finance data is made easy thanks to our automated Mass Import function.
Synced ledgers
Schedule journal postings to your ERP’s Account Payables with accruals, payments, and asset depreciation.
Accounting and compliance functionalities that you need available in an
intuitive easy-to-use interface
Transition to IFRS 16 and ASC 842 lease accounting standards
The transition to IFRS 16 and ASC 842 represents a significant change in lease accounting, requiring companies to incorporate most leases into their balance sheets, thereby affecting their lease portfolio and lease administration practices.Read More
Grow with confidence: IFRS 16 lease accounting software designed for large portfolios of property, equipment, fleet, and land assets
Cliclease Lease Administration provides advanced features for both lessees and lessors, specifically designed to handle complex scenarios involving thousands of lease contracts with numerous monthly modifications, and a variety of terms and conditions, currencies, languages, and irregular calendars. Unlike legacy software, Cliclease Lease Administration is built on a scalable infrastructure, which enables faster growth and long-term scalability. Take advantage of Cliclease’s round-the-clock support, online training, center of excellence, and dedicated account managers to maximize your benefits. With Cliclease , you can achieve more in less time.
More than a fiscal year-end reporting tool, an everyday lease accounting platform
Cliclease’s lease accounting software is not a one-time use reporting tool for preparing disclosure notes. It is a comprehensive finance platform that assists you in managing lease contracts throughout their entire lifecycle. One-time fees, casualty events, unit replacements, and early terminations will be recorded as they occur. Our solution also includes lessor accounting and real estate management components, with ongoing development to expand its capabilities even further.
Dual reporting of US GAAP and IFRS 16 using a single tool with ease
As a global company, it is necessary to comply with both ASC 842 and IFRS 16, but there’s no need to have separate solutions. With Cliclease’s lease accounting software, you can manage all your leases under both standards simultaneously on one unified platform. Our solution accommodates each standard’s unique requirements and allows you to generate disclosure reports accordingly.
Rapid deployment to start reporting on leases sooner
To help you get up and running faster, we developed a rapid deployment methodology. Leveraging standalone capabilities and cloud technology, Cliclease’s rapid deployment can get you up and running in a matter of weeks. See how we can support your compliance initiatives as quickly, efficiently, and with the least amount of risk as possible.
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