Last Updated

Overview

Nomos One simplifies lease accounting with automated IFRS 16 compliance and centralized document storage. While there are limitations in its OneLease (Beta) features and functionality, causing bugs and glitches, the platform enhances efficiency and accuracy in lease management.

Nomos one Specifications

  • Lease Management
  • Tenant Management
  • Rent Collection
  • Maintenance Management

Nomos one Features

IFRS 16 Compliance Module

Nomos One includes an integrated IFRS 16 module developed in collaboration with major auditing firms. This module automates lease calculations, ensuring accurate compliance reporting. It is tested against numerous scenarios to minimize errors and optimize financial reporting processes.

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Centralized Lease Data Repository

The platform offers a secure, cloud-based repository for all lease-related documents and data. This centralization facilitates easy access and management of lease information across various assets and departments. It also supports unlimited document storage, enhancing organizational efficiency.

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Customizable Reporting And Dashboards

The software allows users to generate customized reports and dashboards to meet specific organizational needs. This feature allows for detailed analysis and monitoring of lease portfolios, aiding in strategic decision-making.

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Automated Event Reminders And Workflows

The system automates reminders for critical lease events and integrates approval workflows. This automation reduces the risk of missed deadlines and ensures compliance with lease terms. It also optimizes administrative tasks, freeing up resources for other strategic activities.

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Pros And Cons of Nomos one

Pros

  • It offers a built-in IFRS 16 compliance module

  • The software provides a cloud-based lease data repository

  • It provides customizable reporting and dashboards

  • The system facilitates automated event reminders and workflows

Cons

  • The software has browser compatibility issues with Microsoft edge and Internet explorer

  • There are limitations in OneLease (Beta) features and functionality, causing bugs and glitches

Nomos one Reviews

Total 24 reviews

4.1

All reviews are from verified customers

Rating Distribution

5

Stars

50%

4

Stars

29%

3

Stars

8%

2

Stars

8%

1

Stars

4%

Share your experience

A
Anonymous

Information Technology and Services, 500+ employees

Less than a year

4.0

“Budget-friendly and simple”

Pros

It is very easy to use and customize reports. Plus I also find the price quite reasonable.

Cons

There is nothing I dislike about Nomos One as it includes all the features we need.

Rating Distribution

Ease of use

10

Value for money

10

Customer Support

10

Functionality

7

N
Nadiya

Food & Beverages, 500+ employees

More than a year

2.0

“Didn't really work out for me”

Pros

Well it does not fully meet our needs for managing tenancy and lease data as required.

Cons

The front page lacks a summary of tenancy and leases like total monthly rent payable which if available, I feel like would be helpful.

Rating Distribution

Ease of use

3

Value for money

3

Customer Support

5

Functionality

3

S
Sylvia

Financial Services, 101-500 employees

Less than a year

4.0

“It's a complete tool”

Pros

Uploading documents, tracking event timelines and managing renewals or rent reviews is pretty simple with this system. Plus the user-friendly interface makes it simple to keep all our important files organized, stay updated on key dates and make timely changes ensuring nothing slips through the cracks.

Cons

Well I think it would be better if downloading reports in easy to read formats were simple.

Rating Distribution

Ease of use

7

Value for money

7

Customer Support

9

Functionality

7

Frequently Asked Questions

Who are the typical users of Nomos One?

The typical users of Nomos one includes aviation, banking, childcare, corporate, education, finance, healthcare, hospitality, infrastructure, retail, telecommunications, and utilities.

What level of support does Nomos One offer?

Nomos One offers support through IFRS 16 Resources, latest news, and contact.

What other apps does Nomos One integrate with?

Nomos one integrations are not explicitly stated on its official website.

What types of pricing plans does Nomos One offer?

Nomos One cost is not mentioned on its official site. Clients can assess Nomos one pricing for the perfect plan.

What language does Nomos One support?

Nomos One supports English language only.

Does Nomos One has a mobile app?

No, Nomos One does not offer a mobile app.

Does Nomos One offers an API?

No, Nomos One does not offer an API.