Comprehensive software for lease accounting and compliance under IPSAS 43 designed specifically for governmental entities.
Although IPSAS 43 is the latest lease accounting standard introduced, ClicLease Lease Administration remains a highly regarded financial platform. Our software module for IPSAS 43 is tailored to equip state and local government organizations with the necessary tools to effectively implement the required adjustments for fiscal years commencing after January 1, 2025. This solution is developed using cutting-edge technology and provided to you via the cloud in a Software-as-a-Service (SaaS) framework, ensuring enhanced flexibility and scalability.
User-Friendly Interface with Profile Orientation
Access is determined by user roles, incorporating integrated approval workflows and audit trails for management oversight. Our solution supports multiple languages.
Standalone or Connected to Your ERP
Our solution can function as a subledger that will seamlessly integrate with government-certified ERPs, including SAP and Oracle systems.
Compliance never been easy
Once the data of your lease contracts entered proberly, ClicLease will handle all the rest from Calculation to reporting.
Audit trail for leases
All Lease changes and modifications are tracked, along a full report. ClicLease support approval workflow for every action taken on contract or Lease level.
Full disclosure reporting compliant with IPSAS 43 and IFRS 16
Full compliance disclosure for the relevant period available at any point in time.
Full documentation for lease data entry
Uploading supporting documents for each contract or lease, as well as managing the contacts database for the lessee/lessors.
Customized chart of accounts
Fully flexible to adapt to your chart of accounts as well as other analytical accounts..
Seamless Ledger Synchronization
When integrated with your ERP system, scheduled postings will seamlessly update your Accounts Payable with accruals, payments, and depreciation, ensuring accurate and timely financial management.
Simple and Fast Setup among batch operations
Experience seamless software activation and start utilizing its features within minutes. Our automated Mass Import function simplifies the process of importing spreadsheets containing your financial data, ensuring a smooth transition and efficient setup.
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