IRIS Lease Accounting
About IRIS Lease Accounting
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Most Helpful Reviews for IRIS Lease Accounting
1 - 7 of 7 Reviews
Tomoko
Logistics and Supply Chain, 1,001-5,000 employees
Used monthly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2021
Great system I can trust
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.
CONSPerhaps 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.
Alison
Airlines/Aviation, 1,001-5,000 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed July 2021
IRIS leasing software
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.
PROSEase of implementation and use. Reports provided pretty comprehensive.
CONSSoftware features have increased over time but we have had to do a few work arounds until features become available
Reason for choosing IRIS Lease Accounting
Ease of implementation and price.
Simon
Consumer Goods, 1,001-5,000 employees
Used daily for less than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed June 2021
Simon Hughes BWG
Very good product with great customer service but i do feel the above 2 features are crcuial.
PROSI 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.
CONS2 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.
Rachel
Higher Education, 1,001-5,000 employees
Used monthly for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
3
Reviewed June 2021
Very pleased with our journey with LOIS / IRIS Lease Accounting
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.
CONSNot 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.
Reason 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.
Bart
Food Production, 5,001-10,000 employees
Used weekly for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed June 2021
Review LOIS Lease Accounting
Customer support is excellent!
PROSEasy to master, outputs provide all information that is needed in one clear way.
CONSHandling speed (from screen to screen) may be improved.
Reason for choosing IRIS Lease Accounting
N/a
Anton
Food & Beverages, 1,001-5,000 employees
Used monthly for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed June 2021
Very good value for money
Initial implementation of IRIS lease accounting was a smooth ride. Aftercare is excellent.
PROSEase of use Deployment process Continuous support
CONSDirect link to ERP platform not available
Reason for choosing IRIS Lease Accounting
Value for money
Helen
Retail, 5,001-10,000 employees
Used monthly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed July 2021
Simple and effective
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
CONSNot possible to amend the financial calendar that was changed after implementation, English quarters have to be entered manually