Lease Accounting Software | ASC 842 & IFRS 16
Lease accounting, built right. Finally.
You bought what existed in 2019...
…but the market has changed.
Most lease platforms bolted lease administration onto a separate compliance engine, so the two never truly sync, and every reconciliation just exposes an architectural problem no amount of manual work can fix.
Leasecake runs admin and accounting on one data model and one surface, so real estate changes flow straight to your books without double entry or conflicting truths.
Turn lease accounting risks into opportunities
When you don't have to worry about inconsistent data from administration, workarounds, or cumbersome checking and reentry, you mitigate crucial risks that ruin your books and derail audits.
Inaccurate lease data
Non-compliance with ASC 842 / IFRS 16
Late or missed lease changes
Risk
Missed modifications, reassessments, or misclassified leases create compliance/audit risk
Leasecake action
Identify and track lease changes in real time, preserving compliance and reducing audit exposure.
Opportunity
Lower risk of audit findings, restatements, or compliance exceptions.
What makes Leasecake different from your existing accounting platform?
Platforms built on aging codebases force clunky workflows that pile up configuration work and support tickets, but the costliest consequence is the inaccurate data flowing in from lease administration, which your accounting team has no choice but to inherit.
Lease accounting that’s actually in sync with real estate
Leasecake eliminates bad data, broken handoffs, and spreadsheet rebuilds by running lease administration and accounting on one unified platform.
Stay compliant and risk-free
Leasecake delivers ASC 842 and IFRS 16 compliance out of the box, handling complex renewals, modifications, and multi-currency leases with ease. Accounting stays compliant as real-world lease events happen, not after the fact.
Faster closes with fewer hand-offs
Close the books faster by eliminating manual reconciliations between real estate and accounting. One system, shared data, and stronger controls reduce rework and audit questions.
Disclosures are audit-ready the moment you need them
Generate complete, audit-ready disclosures automatically for every lease type. No manual roll-ups, no spreadsheet stitching, and no last-minute scramble.
Accounting stays current as leases change
Never miss a remeasurement and never rebuild a spreadsheet. Accounting stays continuously aligned with lease management changes, including renewals, amendments, and changes as they occur.
Lease accounting built to protect you from real risk
Explore all features
AI-powered lease intelligence
Built-in audit trail
Real Transaction Time Capsule
ERP & financial integration
Automated disclosure reporting
Real-time lifecycle accounting
Guided close workflows
Automated link dates
Get accurate lease data before accounting ever starts
Leasecake uses AI to extract critical terms, identify remeasurement events, and prepare accurate measurements early. Accounting teams start each close with clean, complete data, reducing delays and audit prep.
DEFINITIVE LEASE GUIDE
7 Mistakes Costing You Growth
Your lease accounting strategy and systems can either support growth or quietly introduce risk as you scale. Most multi-location tenants are still making at least one of these seven lease mistakes.
Why does lease accounting work better in Leasecake?
A perfectly balanced platform built for both sides of the business
Not overbuilt in one area or underpowered in another. Best-in-class lease admin paired with best-in-class accounting means no compromises, no weak links, no rework.
Real-time accuracy built into the workflow
Changes surface the moment they happen. No lag, no hunting, no end-of-quarter surprises—just clean, ready-to-use data flowing automatically.
Accounting that reflects real-world lease activity
Because compliance depends on truth, not assumptions. Every measurement and disclosure stays aligned with what’s actually happening in your portfolio.
Powerful, yet simple to use
Enterprise-grade capability without enterprise-grade headaches. Leasecake delivers intuitive workflows and modern features so the whole team will unlock value.
Taking the financial risk out of leases
Scott Miller,
CFO, Cotti Foods
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