SOFT4Lessee

SOFT4Lessee

2 Review(s)

Overview

SOFT4Lessee is a smart lease accounting solution built for compliance with major global standards. Although its advanced features need extra training, it generates detailed and customizable financial reports. It’s ideal for companies seeking accuracy, automation, and clarity in managing multiple leases across locations, all in a user-friendly interface.

Overall Rating

Based on 2 users reviews

5

Rating Distribution

Positive

100%

Neutral

0%

Negative

0%

Starting Price
Custom

SOFT4Lessee Specifications

Lease Management

Property Accounting

Document Management

Expense Tracking

View All Specifications

What Is SOFT4Lessee?

SOFT4Lessee is designed for accountants, CFOs, and finance teams handling lease portfolios under IFRS 16, ASC 842, and AASB 16. It supports global operations with multi-company and multi-currency features, making it great for growing businesses. It is beneficial for users through automated lease calculations, secure cloud or on-premises deployment, and smooth data handling. Its strong reporting tools and Microsoft Dynamics integration offer a dependable way to stay audit-ready and organized while simplifying compliance in complex lease environments.

SOFT4Lessee Pricing

SOFT4Lessee cost comprises the following plans:

  • EXCEL CALCULATOR: $540 (one-time fee)
  • SOFTWARE: $255/month
Explore Pricing according to your business requirements.

Disclaimer: Pricing plans are subject to change.

SOFT4Lessee Integrations

SOFT4Lessee has integration arrangements with the following apps:

  • NetSuite
  • Infor
  • Dynamics AX
  • Microsoft 365 Business Central
  • Axapta
  • Oracle
  • SAGE
SOFT4Lessee demo explains more about its integration arrangements.

Who Is SOFT4Lessee For?

SOFT4Lessee software is designed for organizations that need to manage lease accounting in compliance with IFRS 16, AASB 16, or ASC 842 standards. It is the perfect software for companies with numerous lease agreements and complex lease structures, including subleases and variable lease payments. It is successfully used by large enterprises, companies that are using Microsoft Dynamics, and industries with complex lease structures.

Is SOFT4Lessee Right For You?

SOFT4Lessee is ideal if your business manages multiple leases and needs reliable, easy-to-use software that ensures compliance with lease accounting standards. It suits companies looking for seamless integration with systems like Microsoft Dynamics and those wanting detailed financial reports without hassle. If accuracy, automation, and clear lease management matter to you, SOFT4Lessee is a smart choice.

Are you still thinking whether SOFT4Lessee is the one you need? Connect with our support team at (661) 384-7070 for better guidance.

SOFT4Lessee Features

This essential feature allows users to calculate lease liability based on present value. Furthermore, it updates the figures automatically when lease terms or payment details change over time.

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This feature assists users in calculating right-of-use asset values, including extra costs like setup or restoration. Moving forward, it updates values if the lease terms or liabilities are adjusted.

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This powerful feature helps users generate all the necessary financial reports and disclosures required under IFRS 16. It saves time and further ensures compliance with international accounting standards.

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Data Import/Export enables users to quickly import or export lease data using Excel or a web service. This makes it simple to connect with financial, asset, or contract management systems.

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This flexible feature allows users to handle lease data for multiple companies or subsidiaries from a single platform. Furthermore, it helps large businesses stay organized and efficient across all entities.

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It allows users to create and download accounting transactions for each lease period. It also enables easy integration into their general ledger using Excel files or automated web service connections.

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This smart feature empowers users to manage variable lease payments linked to indexes or interest rates by auto-calculating changes and ensuring accurate accounting under IFRS 16 rules.

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Pros And Cons of SOFT4Lessee

Pros

  • Available in cloud-based and on-premises deployment options

  • Generates detailed and customizable financial reports

  • Automates complex lease calculations to reduce manual effort

  • Enables data import and export in Excel and XML formats

Cons

  • Advanced features may require extra training to master

  • Lacks a mobile application for access on the go

  • Requires regular updates to maintain accounting compliance

SOFT4Lessee Reviews

Total 2 reviews

5

All reviews are from verified customers

Rating Distribution

5

Stars

100%

4

Stars

0%

3

Stars

0%

2

Stars

0%

1

Stars

0%

Share your experience

M

Mittal

Logistics and Supply Chain, 500+ employees

More than a year

5.0
October 2020

User-friendly, affordable and perfectly fits our requirements.

Pros

We chose SOFT4 and SOFT4Lessee because we already use Microsoft Dynamics 365 for our financial reporting, and since it runs on the same Microsoft platform, we figured integration would be smooth. It's user friendly, costeffective and meets all our needs and also team has been very polite, friendly and helpful throughout the data setup process without any hassle.

Cons

I haven't had any issues with the system and it does everything we need.

Rating Distribution

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

P

Paul

Retail, 500+ employees

More than a year

5.0
October 2020

Meets our accounting and reporting compliance needs

Pros

It's been really great working with the team on the Vietnamobile project, from contract talks all the way through the system rollout. Our Vietnam team finds the platform super helpful and efficient, especially thanks to our rep who's been awesome at solving all the practical issues along the way.

Cons

As for the product itself, this solution plus the extra features added for local needs really covers everything we require for accounting and reporting compliance.

Rating Distribution

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Frequently Asked Questions

Yes, SOFT4Lessee offers webservice API.

SOFT4Lessee offers phone, email/helpdesk, online form, FAQs/forums, and knowledge base support.

Typical users of SOFT4Lessee are professionals using Microsoft Dynamics, large enterprises, and industries managing complex lease structures.

SOFT4Lessee supports only the English language.

SOFT4Lessee offers smooth integration with Oracle, Axapta, SAGE, Dynamics AX, Microsoft 365 Business Central, NetSuite, and Infor.

No, SOFT4Lessee does not have a mobile app.

SOFT4Lessee offers two pricing plans, i.e., Excel Calculator with a one-time fee of $540/- and Software plan at $255/month.