# IRIS Lease Accounting Software Reviews, Demo & Pricing - 2026

> Review of IRIS Lease Accounting Software: system overview, features, price and cost information. Get free demos and compare to similar programs.

Source: https://www.softwareadvice.com/product/207433-LOIS

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IRIS Lease Accounting

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Overview

# IRIS Lease Accounting 2026: Benefits, Features & Pricing

Wondering if IRIS Lease Accounting is right for your organization?

Our Lease Management Software selection experts can help you in 15 minutes or less.

On this page

-   Overview
    
-   User Interface
    
-   Popular Alternatives
    
-   Pricing and Plans
    
-   Features
    
-   User Reviews
    

## Overview

IRIS Lease Accounting

4.3

[(7)](https://www.softwareadvice.com/product/207433-LOIS/#reviews)

Pricing

Pricing available upon request

### About IRIS Lease Accounting

IRIS Lease Accounting is a cloud-based solution designed to simplify and automate compliance with the FASB ASC 842 and IFRS 16 standards. The solution is used by thousands of finance professionals globally and is relied upon by global enterprises to achieve and maintain compliance with the latest lease accounting standards.

The solution incorporates rich functionality that revolutionizes the way you manage FASB ASC 842 and IFRS 16 compliance including: leasing subledger, simplified re-measurement, amortisation and depreciation schedules, multi-calendar support, accurate disclosures and audit trail reporting, lessee and lessor accounting, Covid-19 rent concessions, end of lease notifications, full lifecycle management, robust controls, data validation, multi-currency translation, management of non-lease components, in-built control measures and much more.

For your integration requirements, API technologies support straightforward integration with inbound data from property management systems and outbound data such as SAP, Oracle, and other popular ERP systems.

Companies use IRIS Lease Accounting across all industry segments and international markets and it is most applicable to...

medium-sized and enterprise-level organizations. In summary, IRIS Lease Accounting provides a robust cloud-based solution that simplifies and automates compliance with the latest lease accounting standards for medium-sized and enterprise-level organizations globally. By managing FASB ASC 842 and IFRS 16 compliance processes through IRIS Lease's rich functionalities, you can save time and resources while ensuring accurate and precise disclosures with audit trail, lessee and lessor accounting, Covid-19 rent concessions, end-of-lease notifications, and full lifecycle management. With API technologies and straightforward integration with inbound and outbound data from popular ERP systems, IRIS Lease Accounting is a versatile solution that can be adopted easily across industry sectors. Join thousands of other satisfied global enterprises, and rest assured that you are maintaining compliance with the latest lease accounting standards by choosing to partner with IRIS Lease Accounting.

Wondering if IRIS Lease Accounting is right for your organization?

Our Lease Management Software selection experts can help you in 15 minutes or less.

## IRIS Lease Accounting User Interface

## Popular IRIS Lease Accounting Alternatives

Main Product

IRIS Lease Accounting

4.3

[(7)](https://www.softwareadvice.com/product/207433-LOIS/#reviews)

Ratings Breakdown

-   4.43Ease of use
-   4.71Value for money
-   5.0Customer support
-   4.0Functionality

Pricing

Available upon request

Get Price

Alternative Product

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4.9

[(515)](https://www.softwareadvice.com/property/innago-profile/reviews/)

Ratings Breakdown

-   4.79Ease of use
-   4.95Value for money
-   4.88Customer support
-   4.77Functionality

Pricing

Available upon request

Get Price

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4.8

[(705)](https://www.softwareadvice.com/property/doorloop-profile/reviews/)

Ratings Breakdown

-   4.69Ease of use
-   4.68Value for money
-   4.84Customer support
-   4.69Functionality

Pricing

Starting at $69.00 per month

Get Price

Alternative Product

[Buildium](https://www.softwareadvice.com/property/buildium-property-manager-profile/)

4.5

[(2231)](https://www.softwareadvice.com/property/buildium-property-manager-profile/reviews/)

Ratings Breakdown

-   4.32Ease of use
-   4.37Value for money
-   4.43Customer support
-   4.27Functionality

Pricing

Starting at $62.00 per month

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Ratings Breakdown

-   4.64Ease of use
-   4.63Value for money
-   4.44Customer support
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Pricing

Available upon request

Get Price

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4.3

[(451)](https://www.softwareadvice.com/property/tenantcloud-profile/reviews/)

Ratings Breakdown

-   4.14Ease of use
-   4.35Value for money
-   4.19Customer support
-   4.14Functionality

Pricing

Starting at $15.00 per month

Get Price

## IRIS Lease Accounting Pricing and Plans

Starting price: £0.46

Free Trial

Free Version

Basic

£0.46

flat rate

No plan information available

Confused about pricing? We've got you covered.

Get a personalized pricing breakdown tailored to your specific needs—no guesswork, no generic estimates.

## IRIS Lease Accounting Features

-   Popular features found in Lease Management
    
    Accounting
    
    Billing & Invoicing
    
    Commercial Leases
    
    Contact Management
    
    Document Storage
    
    Expense Tracking
    
    Lease Origination
    
    Maintenance Management
    
    Property Management
    
    Residential Leases
    
    Retail Leases
    
-   More features of IRIS Lease Accounting
    
    Activity Tracking
    
    Ad hoc Reporting
    
    Alerts/Escalation
    
    Alerts/Notifications
    
    Amortization Schedule
    
    Asset Lifecycle Management
    
    Audit Management
    
    Audit Trail
    
    Budgeting/Forecasting
    
    Capitalization Reporting
    
    Cash Flow Management
    
    Client Portal
    
    Configurable Workflow
    
    Contact Database
    
    Contract/License Management
    
    Critical Date Alerts
    
    Currency Conversion
    
    Customer Database
    
    Customizable Fields
    
    Customizable Reports
    
    Data Import/Export
    
    Document Management
    
    Financial Analysis
    
    Financial Management
    
    Forecasting
    
    For Equipment Leases
    
    For Real Estate
    
    Invoice Management
    
    Mobile Access
    
    Multi-Currency
    
    Multi-Location
    
    Portfolio Management
    
    Real-Time Reporting
    
    Reminders
    
    Reporting/Analytics
    
    Reporting & Statistics
    
    Search/Filter
    
    Self Service Portal
    
    Task Management
    
    Third-Party Integrations
    
    Transaction History
    
    User Management
    
    Vendor Management
    
    Workflow Management
    
    Work Order Management
    

## IRIS Lease Accounting User Reviews

Overall Rating

4.3

Ratings Breakdown

5

29%

4

71%

3

0%

2

0%

1

0%

Secondary Ratings

Ease of Use

4.4

Value for money

4.7

Customer support

5.0

Functionality

4.0

Have you used IRIS Lease Accounting and would like to share your experience with others?

AR

Alison R.

Verified reviewer

Airlines/ Aviation

1001-5000 employees

Used daily for more than 2 years

Reviewed July 2021

IRIS leasing software

4

We needed a product urgently to manage our leases follow the implementation of IFRS16. Using the reports available there has been enough information in all the reports to produce all the reporting/disclosure requirements with a little manipulation. So overall experience very good. There are a few areas like intercompany leases, impairment where we currently have workarounds.

Ratings Breakdown

4

Ease of use

5

Value for money

5

Customer support

4

Functionality

Pros:

Ease of implementation and use. Reports provided pretty comprehensive.

Cons:

Software features have increased over time but we have had to do a few work arounds until features become available

Reasons for choosing IRIS Lease Accounting

Ease of implementation and price.

Read More

RK

Rachel K.

Verified reviewer

Higher Education

1001-5000 employees

Used monthly for more than 2 years

Reviewed June 2021

Very pleased with our journey with LOIS / IRIS Lease Accounting

4

Ratings Breakdown

4

Ease of use

5

Value for money

5

Customer support

3

Functionality

Pros:

Very easy to use and looks nice, which made roll out to the business and training a lot more efficient. The helpdesk is simple to use and response time is very good.

Cons:

Not all features were available and still there are some features not ready yet, such as sublease / lessor accounting. There are also some restrictions/limitations such as only certain modification dates being available within an In Life Change.

Reasons for choosing IRIS Lease Accounting

Very reasonably priced and the team were very helpful and paid attention to our business. During the demo I could see it was a quality product.

Read More

SH

Simon H.

Verified reviewer

Consumer Goods

1001-5000 employees

Used daily for less than 2 years

Reviewed June 2021

Simon Hughes BWG

4

Very good product with great customer service but i do feel the above 2 features are crcuial.

Ratings Breakdown

5

Ease of use

5

Value for money

5

Customer support

4

Functionality

Pros:

I think the excel reports are excellent, so easy to follow and have all the financial information required from all areas of finance as well the information worksheet informs all readers of all the information of each lease.

Cons:

2 things i think must be updated in order for it to be the perfect product. 1. From an accounting side of things back posting should not be allowed in the excel reports. 2. Subleases need to be accounted for.

Read More

BB

Bart B.

Verified reviewer

Food Production

5001-10000 employees

Used weekly for more than 2 years

Reviewed June 2021

Review LOIS Lease Accounting

4

Customer support is excellent!

Ratings Breakdown

4

Ease of use

4

Value for money

5

Customer support

4

Functionality

Pros:

Easy to master, outputs provide all information that is needed in one clear way.

Cons:

Handling speed (from screen to screen) may be improved.

Reasons for choosing IRIS Lease Accounting

N/a

Read More

TU

Tomoko U.

Verified reviewer

Logistics and Supply Chain

1001-5000 employees

Used monthly for less than 6 months

Reviewed June 2021

Great system I can trust

5

Ratings Breakdown

5

Ease of use

4

Value for money

5

Customer support

5

Functionality

Pros:

I like the system because it's very user friendly and intuitive. Reports system generates include more than enough information that we need and make our reporting much easier every month. Since we started to use this system, we have not had any problem at all and our reporting now takes 1/10 of time compared to our old system. Their customer service is exceptionally good and I have build a good relationship with them already.

Cons:

Perhaps the cost, though I feel it's worth it considering how stress free it is now using software, it is more than we paid to other software we had before.

Reasons for switching to IRIS Lease Accounting

It was not user friendly, there was no function to lock data so the numbers kept changing and found it very difficult to reconcile all numbers. Any changes we had to make wasn't straight forward and it couldn't accommodate changes we wanted to make very well. We also had problem with customer services as they were overseas based company, there was always time difference which delayed any responses to be looked at.

Read More

AG

Anton G.

Verified reviewer

Food & Beverages

1001-5000 employees

Used monthly for more than 2 years

Reviewed June 2021

Very good value for money

4

Initial implementation of IRIS lease accounting was a smooth ride. Aftercare is excellent.

Ratings Breakdown

4

Ease of use

5

Value for money

5

Customer support

4

Functionality

Pros:

Ease of use Deployment process Continuous support

Cons:

Direct link to ERP platform not available

Reasons for choosing IRIS Lease Accounting

Value for money

Read More

HS

Helen S.

Verified reviewer

Retail

5001-10000 employees

Used monthly for less than 2 years

Reviewed July 2021

Simple and effective

5

Ratings Breakdown

5

Ease of use

5

Value for money

5

Customer support

4

Functionality

Pros:

Great support during implementation, happy to answer all my queries and concerns, simple and effective for Finance to ensure IFRS16 accounting is correct and fully auditable

Cons:

Not possible to amend the financial calendar that was changed after implementation, English quarters have to be entered manually

Read More

Showing 1 - 7 of 7 Reviews

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