Automated and Simplified Lease Accounting

We simplify complex lease accounting to ensure quick, reliable, and effortless compliance.

Achieve IFRS 16 compliance with ease

Collecting and managing extensive lease data is manual, time-consuming and resource-intensive. Organizations struggle to gather lease terms, payment schedules, renewal options, and discount rates efficiently.

Key features

Navigate the complexities of lease accounting with ease

Generates a report providing all needed quantitative disclosures automatically

Generate comprehensive reports that include all necessary quantitative disclosures, ensuring compliance and providing clarity in financial statements.

 

 

The CFO Solution Platform of choice for financial excellence

Empower your finance teams with next-generation, purpose - built solutions that unify data, people, and strategy, boosting efficiency and driving strategic decisions - all within a secure, scalable, and best-in-class cloud environment.

“During our decision process for the best software solution to fulfill the IFRS 16 requirements, the Lucanet Lease Accounting software convinced us by the following competitive advantages: on the one hand, it is flexible and therefore easy to integrate into our IT environment and on the other hand, the project team from Lucanet was highly competent in both areas in IFRS and in IT specific technical details.”

Dr. André Klöcker, Head of Group Accounting and IFRS Policies​

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Related resources

Elevate your expertise.

IFRS 16: Lease accounting by the lessee
IFRS 16: Lease accounting by the lessee

Leasing remains an important corporate financing instrument. However, the depiction of leasing contracts in accordance with IFRS 16 can be described as rather complex. The standard results in (almost) all leases being recognized in the lessee’s balance sheet. Read our white paper to find out more about the most important aspects and challenges.