LOIS

What Is LOIS?

LOIS is a cloud-based solution designed for lease accounting and management, catering to finance and property teams. It aims to simplify compliance and enhance portfolio oversight. The software provides features such as property management, lease portfolio analytics, lease accounting, and additional tools. By centralizing lease information, it automates IFRS 16 reporting and increases visibility across intricate lease portfolios, allowing organizations to minimize manual tasks while ensuring precision and operational oversight.

How Much Does LOIS Cost?

The pricing for LOIS generally ranges from $15 to $40 per lease each month. This is based on industry standards for cloud-based lease accounting and management solutions that comply with IFRS 16 and ASC 842.

This price range serves as a guideline for budgeting, as the actual fees may vary depending on the number of leases managed, the modules chosen, and the scope of implementation.

• Implementation and configuration: $3,000–$15,000 (one-time) - This includes system setup, structuring of lease data, mapping of the chart of accounts, and configuring workflows tailored to finance and property teams.

• Data migration and lease abstraction: $2,000–$20,000 (project-based) - Involves importing historical lease documents, extracting essential terms, and validating financial calculations to ensure compliance readiness.

• ERP and general ledger integrations: $1,500–$10,000 - Covers API setup or custom integrations with finance systems to automate journal entries and reconciliation processes.

• Advanced modules: $2–$10 per lease per month - Optional add-ons including scenario modeling, budgeting tools, or dashboards for operational fleet and property management.

Finance teams frequently consider LOIS a cost-effective solution compared to manual spreadsheets, particularly when dealing with extensive lease portfolios. Automation helps mitigate compliance risks and reduces workload at month-end. For a personalized LOIS cost estimate for your organization, feel free to reach out.

Note: Pricing information is derived from publicly accessible third-party resources and industry benchmarks. Actual expenses may differ.

LOIS Integrations

The software can integrate with various third-party applications, such as:

• SAP

• Oracle

• Workday Adaptive Planning

• Excel

To explore its features and potential compatibility further, consider requesting a demo of LOIS.

Who Is LOIS For?

This software is suitable for a diverse array of industries and sectors, including:

• Real Estate

• Finance

• Corporate Accounting

• Retail Operations

• Construction Management

• Logistics and Transportation

• Facilities Management

Is LOIS Right For You?

If you seek a lease management solution that automates compliance while providing real-time financial insights across complex portfolios, LOIS is the answer. It addresses the ongoing challenges of manual lease accounting and reporting by reducing errors and ensuring audit-ready compliance with global standards like IFRS 16, AASB 16, and ASC 842.

With trust from companies such as Canon, QBE, Fletcher Building, and Freightways, it instills confidence for managing large-scale lease operations.

Designed for enterprises of any size, LOIS adapts to portfolios ranging from dozens to thousands of leases while ensuring secure access control and maintaining audit trails.

If you are still uncertain about whether LOIS fits your needs, reach out to our customer support team at info@softwareseekers.com. They will assist you in making an informed decision about LOIS features and more.