Top 10 Best Ifrs 16 Accounting Software of 2026

LeaseAccelerator is a leading cloud-based lease management platform that excels in IFRS 16 compliance by automating lease accounting processes, including right-of-use asset and liability calculations, journal entries, and financial disclosures. It manages the full lease lifecycle from origination to renewal, with AI-powered abstraction to extract key terms from contracts. The software integrates deeply with major ERPs like SAP, Oracle, and NetSuite, delivering real-time reporting and audit trails for global enterprises.

Visual Lease is a cloud-based lease management platform specializing in administration, accounting, and compliance for standards like IFRS 16. It automates critical IFRS 16 processes including lease classification, right-of-use asset and liability calculations, journal entries, and ongoing remeasurements. The software provides end-to-end lifecycle management, from abstraction and payments to renewals and portfolio analytics, with seamless ERP integrations.

LeaseQuery is a cloud-based lease accounting software specializing in IFRS 16 and ASC 842 compliance, automating the entire lease lifecycle from data abstraction and classification to measurement, amortization schedules, and financial reporting. It supports complex portfolio management, lease modifications, and sublease accounting with real-time calculations and audit-ready documentation. The platform integrates with major ERPs like SAP, Oracle, and NetSuite, making it suitable for enterprises with large lease portfolios.

ProLease is a robust lease administration software platform that specializes in IFRS 16 compliance, automating the accounting for leases across the entire lifecycle from inception to expiry. It handles complex calculations for right-of-use assets, lease liabilities, and modifications, while offering portfolio management, reporting, and disclosure tools tailored to multinational enterprises. The solution integrates with ERP systems like SAP and Oracle, making it ideal for organizations managing thousands of leases.

Ascendix LEASE is a cloud-based lease administration platform specializing in IFRS 16 compliance, automating lease classification, right-of-use asset calculations, and liability amortization. It provides real-time reporting, audit trails, and seamless integrations with major ERPs like Oracle and SAP. The software excels in handling complex lease portfolios for enterprises requiring accurate financial disclosures under IFRS 16.

Re-Leased is a cloud-based lease management platform specializing in automating lease accounting compliance for standards like IFRS 16, handling everything from lease abstraction to journal entries and balance sheet reporting. It supports portfolio-wide management, payment processing, and integrations with major ERPs such as NetSuite and Xero. Designed for real estate and corporate finance teams, it streamlines right-of-use asset calculations, impairment testing, and lease modifications to ensure accurate financial disclosures.

NetLease is a specialized SaaS platform for commercial real estate lease administration, with built-in IFRS 16 compliance features for calculating right-of-use (ROU) assets, lease liabilities, and amortization schedules. It excels in managing net leases by automating common area maintenance (CAM) reconciliations, escalations, and expense tracking integrated with accounting entries. The software supports lease abstraction from PDFs and generates compliant financial reports for IFRS 16 disclosures.

LeasePath is a comprehensive cloud-based lease management platform tailored for equipment finance and leasing companies, offering end-to-end solutions from origination to accounting. It provides IFRS 16-compliant lease accounting, including right-of-use asset tracking, lease liability calculations, and automated journal entries for financial reporting. The software also supports portfolio management, servicing, and compliance with ASC 842 and GASB 87, making it suitable for lessors handling complex lease portfolios.

Yardi Voyager is a comprehensive property management software suite with dedicated IFRS 16 lease accounting modules, automating lease classification, right-of-use (ROU) asset recognition, liability calculations, and ongoing compliance reporting. It excels in handling complex real estate portfolios, integrating lease data with broader property operations like rent rolls and maintenance. While robust for multi-site enterprises, it requires significant setup for full IFRS 16 implementation.

MRI Software is a comprehensive real estate management platform that includes specialized modules for IFRS 16 lease accounting compliance, automating lease classification, right-of-use asset recognition, and ongoing remeasurements. It integrates lease data with broader property management functions like rent rolls, tenant portals, and financial reporting. Designed for commercial and residential portfolios, it supports multi-entity reporting and handles complex lease structures across global jurisdictions.