Leasify’s new full-service solution handles your lease accounting
More and more companies are choosing to spend less time on lease accounting and instead receive complete reports delivered to them. Leasify is now launching Leasing Accounting as a Service (LaaS) – a flexible solution for companies reporting under IFRS 16 or Local GAAP.
Leasify already offers a fully automated SaaS platform that allows companies to manage their lease accounting independently. While most customers use the service on their own, many have asked for a more comprehensive solution.
– It started with some customers asking us to take on more responsibility. Over time, we’ve built a team of accounting specialists who now manage lease accounting directly within our platform, says Claes Ivarsson, CEO of Leasify.
Everything is done in close dialogue with the auditor
With LaaS, companies no longer need to deal with complex interpretations of accounting standards. Leasify handles everything from registering lease agreements to delivering final reports, offering the solution for both IFRS 16 and Local GAAP entities. With LaaS, companies no longer have to navigate complex accounting standards on their own. Leasify takes care of everything from registering lease agreements to delivering ready-to-use reports, supporting both IFRS 16 and Local GAAP requirements.
– We ensure that all data is accurate, but the final reporting is done in close collaboration with the customer. This creates a secure and transparent process for all parties involved
More time to focus on your core business
Companies can choose whether reporting should be done monthly, quarterly, or annually.
– Most customers prefer fixed reporting intervals over last-minute efforts at year-end. It saves time, reduces stress, and gives better control of the overall process, says Claes Ivarsson.
He adds:
– A key advantage of this service is that it allows the finance team to focus on the core business, while also reducing the reliance on temporary consultants.
Grows with the customer’s needs
LaaS is designed for both small businesses and large international groups. The service is fully scalable and supports multiple languages, currencies, and accounting standards.
– Whether a company has five or five hundred lease agreements, we offer a solution that fits. It’s a flexible service that scales with the customer’s needs.
LaaS in brief:
Choose a full-service solution or select only the parts you need
Tailored to your industry, internal structure, and way of working
Seamlessly integrates with your internal systems
Developed in close collaboration with your finance team and auditor
Real-time dashboard with a full overview of all lease agreements
Automated disclosures for annual and quarterly reporting
Clear reconciliations, ready for board review, auditors, and group reporting
All data is prepared in line with applicable accounting standards, in dialogue with your auditor. Final review and reporting remain the responsibility of the company.
Curious about how LaaS can support you and your business? We’d be happy to tell you more – just get in touch.