LeaseAccelerator
by insightsoftware · Lease Accounting
Enterprise lease accounting and lifecycle management for ASC 842 and IFRS 16 compliance.
- Works with
- SAP, Oracle, NetSuite, Microsoft Dynamics, Workday
- Deployment
- Cloud
- Pricing
- Quote-based
- Founded
- 2003
Overview
LeaseAccelerator is enterprise lease management software that centralises lease data and automates compliance across the full lease lifecycle, covering both real estate and equipment leases. It was originally built to help lessees comply with ASC 842 and IFRS 16 lease accounting standards, and has since expanded into lease administration, sourcing and asset intelligence. The company was founded in 2003 and was acquired by insightsoftware in July 2024, which now sells and supports the product as part of its CFO-office software portfolio.
The platform automates calculation of right-of-use assets and lease liabilities, amortisation schedules, and interest accretion, and generates the accounting treatment for modifications, remeasurements, impairments, renewals and terminations. A multi-book engine supports ASC 842, IFRS 16 and local GAAP in parallel. LeaseAccelerator is aimed at mid-market and large enterprises with complex, multi-country lease portfolios spanning real estate and equipment assets, and reports managing roughly 900,000 leases across 142 countries.
Because LeaseAccelerator sits alongside the ERP rather than inside it, it relies on prebuilt connectors and file-based integrations to post lease journal entries and reconcile balances with the general ledger, with the ERP remaining the system of record for financial reporting.
Screenshots & demo
Demo video from the vendor's YouTube channel.
Features & capabilities
Lease Accounting & Compliance
Automated ASC 842 / IFRS 16 lease accounting calculations and disclosures.
- Right-of-use (ROU) asset and lease liability calculation
- Amortisation schedules and interest accretion
- Multi-book accounting for ASC 842, IFRS 16 and local GAAP
- Automated treatment of modifications, remeasurements, impairments, renewals and terminations
- Disclosure reporting and audit trail documentation
Journal Entries & GL Posting
Generating and posting lease accounting entries into the ERP general ledger.
- Real-time journal entry generation
- Automated GL posting via ERP connectors
- Balance reconciliation with the general ledger
- Month-end close automation for lease accounting
Lease Administration
Centralised lease data and event management.
- Centralised repository for real estate and equipment lease data
- Critical date and event tracking
- Lease modification and restructuring workflows
- End-of-term decision management
Lease Lifecycle & Sourcing
Managing leases from origination through end of term.
- Lease-versus-buy scenario analysis
- Competitive lease sourcing and quote management
- Scenario modelling for restructuring, extensions and consolidations
- M&A lease portfolio integration support
Connectivity & Integration
ERP and enterprise system connectivity for lease data and journal entries.
- Certified connectors to major ERP and accounting platforms
- SAP Process Runner for automated Excel-based GL posting
- File-based (SFTP) and middleware integration options
Common use cases
- Achieving ASC 842 / IFRS 16 compliance for a multinational real estate and equipment lease portfolio
- Automating right-of-use asset and lease liability calculations to shorten month-end close
- Posting lease journal entries into SAP without manual re-keying via Process Runner
- Managing lease modifications, renewals and terminations with a full audit trail for auditors
- Running lease-versus-buy analysis and end-of-term decisioning on equipment leases
- Consolidating lease accounting across multiple GAAP and IFRS books for group reporting
- Centralising critical lease dates and events across a large, geographically dispersed portfolio
Strengths & considerations
Strengths
- Large-scale lease portfolio management, reporting roughly 900,000 leases across 142 countries
- Covers both real estate and equipment leases with asset-level intelligence, not just accounting compliance
- SAP Process Runner posts lease journal entries via Excel templates without requiring IT/developer involvement
- Backed by insightsoftware's broader CFO-office software portfolio following the 2024 acquisition
ERP integrations
Posts lease journal entries and reconciles balances without custom development
Pricing
Enterprise pricing; vendor does not publish a self-serve free trial and instead offers a guided product demo. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- SaaS (multi-tenant)
About the vendor
- Founded
- 2003
Alternatives to LeaseAccelerator in Lease Accounting
LeaseAccelerator — frequently asked questions
Does LeaseAccelerator integrate with SAP?
Yes. LeaseAccelerator connects to SAP through a prebuilt integration called Process Runner, which posts lease journal entries into SAP using Excel templates without requiring custom IT development.
What ERPs does LeaseAccelerator integrate with?
LeaseAccelerator offers prebuilt connectors for SAP, Oracle, NetSuite, Microsoft Dynamics and Workday, used to post lease accounting journal entries and reconcile balances with the general ledger.
How much does LeaseAccelerator cost?
LeaseAccelerator is quote-based enterprise software; published third-party listings cite a starting price around $20,000 per year, and there is no free trial. Pricing depends on lease volume and modules selected.
Is LeaseAccelerator still an independent company?
No. LeaseAccelerator was acquired by insightsoftware in July 2024 and is now sold and supported as part of insightsoftware's CFO-office software portfolio.
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