SOFT4Lessee is a software solution for lease accounting and lease contracts management under a new accounting standard IFRS 16 | ASC 842 | AASB 16 allowing companies manage the transition to the new leasing regulations and stay compliant easily and quickly.
Under IFRS 16 businesses with large portfolios of operating leases will be impacted by the change in IFRS 16 lease accounting standards, as the new standard require lessees to recognize assets and liabilities arising from operating leases on the balance sheet. Help your customers to get ready to meet the requirements and stay compliant with the standard with SOFT4Lessee.
ASC 842 is the new entities reporting standard under US GAAP . Companies, having large portfolios of operating leases are influenced by this change as the standard requires all assets and liabilities regarding operating leases be presented on the balance sheet. Help your customers to get ready to meet the requirements and stay compliant with the standard with SOFT4Lessee.
AASB 16 introduces a single lessee accounting model requiring lessees to recognize all leases on the balance sheet, except for short-term leases and leases of low-value assets. This Standard applies to annual reporting periods. AASB 16 is equivalent to IFRS 16 with extra paragraphs on Leasing Treatment for Non-Profit Entities. Help your customers to get ready with SOFT4Lessee
Empower your customer business processes
Transitioning from old accounting standards into the new IFRS 16, AASB 16 and ASC 842 provides numerous challenges for businesses. New regulations, more data that needs to be collected and processed as well as more complex duties for accountants that need to be carried out. However, instead of letting your customers struggle with outdated lease calculators, give them a chance to work with professional and user-friendly lease accounting software for IFRS 16, AASB 16 and ASC 842 standards.
Become a partner today and enjoy all these benefits
– Earn up to 50% margin.
– Get access to tried-and-tested vertical solutions, which might be offered as cloud, SaaS, or on-prem.
– Strengthen your portfolio and broaden the services you offer to your customers.
– Receive the leads we generate at SOFT4.
– Receive sales, functional, and technical training.
– A partner manager who will always be there for you.
More than 10 years of experience
Implementing projects at 100% success rate and capturing new opportunities in software development rapidly is what the SOFT4 team is about. As Bill Gates said about Microsoft, we can say the same about SOFT4: ‘Our success has really been based on partnerships from the very beginning’. That is why we constantly seek to grow our partner network and offer them significant sales margins.