LOIS Reviews

“strong reporting and audit tools”

Pros

Being able to lock accounting periods is really useful for me and the instant amortisation table saves time. The reports the software generates are excellent and the audit section helps me a lot when it comes to tracking changes.

Cons

A few fields I need can't be edited, cost centre allocation can't be changed and the transform function still has some limitations.

“Accurate finance automation”

Pros

With LOIS, what really impresses me is the way it takes complicated calculations like ROU, depreciation and asset management and makes them much more manageable. It automates tasks that would usually take a lot of time and helps cut down on errors so financial tracking feels both more accurate and more efficient.

Cons

I have not come across any features that I dislike at this point. The only thing I am looking forward to is seeing more AI capabilities added to LOIS in the future.

“responsive support and friendly workflow”

Pros

After getting trained on the system, the product felt very user friendly to use. One of the best parts has been the customer support team they've been amazing. Even with a pretty big time difference, they still manage to respond within the same day whenever I reach out.

Cons

One frustration for me has been not being able to get in touch with the developers quickly for urgent issues especially when copies of the quality system are needed during critical forecasting and budgeting periods and those copies are not ready yet.

“reporting made easy”

Pros

Switching to it has made a huge difference for us because it's very user-friendly while still doing the job really well. It has cut down the amount of time we used to spend handling leases in Excel, replacing a lot of manual effort with a process that feels much more dependable and smooth. Monthly reporting and audit prep are now far less complicated and a lot more efficient. Another big plus is the customer support questions are usually answered within a day and that really helps in everyday use.

Cons

There's not much for me to complain about with this tool. The only minor downside is the time required to learn it at the beginning especially when moving away from manual Excel-based workflows.

“All documents in one place”

Pros

Once everything was updated, having all the documents together in one place has been a big plus. The POP portal has been really useful too especially for updating all my rents and I'm very happy with the new lease-adding feature.

Cons

At the beginning, there were a few problems but most of that came down to not fully knowing how to use the system or navigate the portal properly. I'm still learning although the support from the team has been excellent.