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IRIS Lease Accounting Enterprise solution

IRIS Innervision is an international leader in the provision of FASB ASC 842 and IFRS 16 lease accounting software to global corporates. We help medium sized and enterprise-level organisations around the world to automate lease accounting compliance, transform leasing processes and deliver improved efficiencies across the entire lease lifecycle. Our Enterprise solution offers features for more complex lease portfolios with an experienced, dedicated implementation manager to get you up and running quickly.

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End-to-end FASB ASC 842 and IFRS 16 lease accounting software

IRIS Lease Accounting is a proven solution that simplifies compliance with the FASB ASC 842 and IFRS 16 standards. With its end-to-end approach to lease accounting, intelligent process automation and advanced reporting, IRIS Lease Accounting puts you and your team in total control throughout every step of the compliance process.


Features
  • FASB ASC 842 and IFRS 16 compliance made easy
  • Leasing subledger
  • Simplified accounting for re-measurement and other in-life lease events e.g., impairments
  • Amortization and depreciation schedules
  • Multi retail-calendar reporting
  • Leasing General ledger with customisable chart of accounts
  • Accurate disclosures and audit trail reporting
  • Lessee and lessor accounting
  • Covid-19 rent concessions
  • End of lease notifications

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