--- title: "IRIS Lease Accounting Software Pricing, Alternatives & More 2026 | Capterra" description: "With the help of Capterra, learn about IRIS Lease Accounting Software - reviews, pricing plans, popular comparisons to other Lease Accounting products and more." source_url: "https://www.capterra.com/p/153407/LOIS/" page_type: "product" language: "en" --- # IRIS Lease Accounting Software Review 2026: Features, Integrations, Pros & Cons Last updated on September 16, 2026 Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[FAQs](#faqs)[Features](#features)[Pricing](#pricing)[Support](#support)[Reviews](#reviews) IRIS Lease Accounting ## What is IRIS Lease Accounting? IRIS Lease Accounting is a proven cloud-based solution that simplifies compliance with the ASC 842 and IFRS 16 standards. From publicly listed companies to public sector bodies, thousands of finance professionals around the world rely on Innervision to transform their leasing processes, centralise their data and automate lease accounting compliance. ## What is IRIS Lease Accounting used for? [Lease Management](https://www.capterra.com/lease-management-software/)[Lease Accounting](https://www.capterra.com/lease-accounting-software/) Top alternative Featured Overall rating Based on 7 user reviews Reviews sentiment Positive \- Neutral \- Negative \- Starting price £0.46 Per User, Per Month Free trial not available Free version not included Capterra Shortlist charts the highest-rated and most popular products... Our "Best of" badge program showcases products with the highest ratings... Our "Best of" badge program showcases products with the highest ratings... Do you work for IRIS Lease Accounting?[Manage this product listing](https://www.g2.com/products/iris-lease-accounting/claim_requests/new?auto=true) ## Compare with a popular alternative Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status. ### IRIS Lease Accounting 4.3 (7) VS. [4.6 (444)](https://www.capterra.com/p/20372/Entrata/reviews/) Starting Price £0.46 Flat Rate Starting Price Contact vendor Free Trial Free Version Pricing Options Free Trial Free Version Ease Of Use 4.4 (7) Ease Of Use 4.5 (40) Value For Money 4.7 (7) Value For Money 4.6 (40) Customer Service 5.0 (7) Customer Service 4.5 (40) ## IRIS Lease Accounting alternatives [4.8 (4)](https://www.capterra.com/p/265088/Black-Owl-Lease-Accounting/#reviews) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 100% of reviewers rated it above 4 stars [LOIS](https://www.capterra.com/p/10023151/LOIS/) [4.7 (40)](https://www.capterra.com/p/10023151/LOIS/#reviews) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 98% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/10023151/LOIS/) [LeaseQuery](https://www.capterra.com/p/143396/LeaseQuery/) [4.7 (106)](https://www.capterra.com/p/143396/LeaseQuery/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 98% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/143396/LeaseQuery/) Highest Rated [DebtBook](https://www.capterra.com/p/232590/DebtBook/) [4.9 (16)](https://www.capterra.com/p/232590/DebtBook/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 100% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/232590/DebtBook/) [View all alternatives](https://www.capterra.com/p/153407/LOIS/alternatives/) ## FAQs about IRIS Lease Accounting Overview ### What company size and specific industries is IRIS Lease Accounting built for? IRIS Lease Accounting is designed for organisations and public sector bodies that report under FASB or IFRS, particularly those needing lease accounting software for compliance and ongoing reporting. It fits finance teams in regulated sectors and public agencies that must manage lease records and reporting requirements accurately. Features and Usability ### What are the key features of IRIS Lease Accounting? IRIS Lease Accounting offers lease origination, lease accounting, and asset lifecycle management, plus amortization schedules, capitalization reporting, and invoice management. It also includes audit trail, audit management, configurable workflow, alerts and reminders, multi-currency support, real-time reporting, and document management for commercial, real estate, and retail leases. Getting Started and Support ### What training and onboarding options does IRIS Lease Accounting offer? IRIS Lease Accounting provides in person training, live online sessions, webinars, documentation, and videos to help teams get started. In person and live online formats support guided instruction, webinars provide group learning sessions, documentation offers written reference material, and videos allow self-paced review of key steps. Getting Started and Support ### What customer support options does IRIS Lease Accounting offer? IRIS Lease Accounting provides email/help desk, FAQ/forum, knowledge base, phone support, and chat. No reviewer feedback is available here to describe response times or support quality, so the support experience cannot be characterized beyond the listed channels. ## Features AI summary Based on 1,182 Lease Accounting reviews Capterra data shows that buyers of lease management software rank the following features as their top priorities: - **Transaction History** (**57%** of reviewers rated this feature as critical) - **Lease Tracking** (**54%**) - **Property Management** (**64%**) IRIS Lease Accounting includes **Transaction History** and **Property Management**, giving teams visibility into lease-related activity and the properties tied to each agreement. However, it does not offer **Lease Tracking**. Instead, it provides **Billing & Invoicing** (**45%**) and **Document Management** (**41%**), which can help businesses manage payment workflows and keep lease records organized in one place, helping teams maintain accurate financial oversight and easier access to supporting documents. Document Management 3.5 (2) 0.00% of 2 reviewers that rated this feature as important or highly important Store, manage, and track all electronic documents in a centralized location Portfolio Management 4.0 (1) 0.00% of 1 reviewers that rated this feature as important or highly important Overview of all programs that help compare initiatives, align projects with strategic goals and identify risk Activity Tracking Track and document all activities across devices, networks, and other systems Ad hoc Reporting Generate one-off reports that meet information requirements Alerts/Escalation System alerts about the need to escalate an issue or request Alerts/Notifications Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges IRIS Lease Accounting 51 features ### All Features - Activity Tracking: Track and document all activities across devices, networks, and other systems - Ad hoc Reporting: Generate one-off reports that meet information requirements - Alerts/Escalation: System alerts about the need to escalate an issue or request - Alerts/Notifications: Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges - Amortization Schedule: Create a table of loan payments showing dates, amount of principal, amount of interest, and remaining balance - Asset Lifecycle Management: Manage assets throughout their lifecycle to optimize profit - Audit Management: Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws - Audit Trail: A record of all activities within the system, including user access, changes made, etc. - Billing & Invoicing: Create, manage, and send invoices or bills to customers - Budgeting/Forecasting: Create budgets based on historical data and future projections - Cash Flow Management: Monitoring, analysis, and projection of the movement of cash into and out of a business over a specific period - Client Portal: Private online space that lets businesses securely share documents and provide information access to clients - Commercial Leases: For commercial leases - Configurable Workflow: Configure existing workflows to meet your organization's needs - Contact Database: Centralized database of stakeholders and their contact information such as names, address, phone number etc. - Contact Management: Manage, organize, and store contact information - Contract/License Management: Track, store, and access client contracts or licenses - Critical Date Alerts: Notifications received when important dates and deadlines are coming up - Currency Conversion: Change one currency to another based on real-time rates/values - Customer Database: A collection of customer information such as contact details, demographics, previous interactions, etc. - Customizable Fields: Customize data fields to support various needs and use cases - Customizable Reports: Alter the layout and content of reports - Data Import/Export: Import and export data to and from software applications - Document Management: Store, manage, and track all electronic documents in a centralized location - Document Storage: Store and organize documents in a centralized system - Expense Tracking: Monitor and record expenses such as purchases or charges incurred - Financial Analysis: Evaluate units, projects, budgets, and other finance-related data to gauge their performance and potential risk - Financial Management: Plan, manage, and track the financial activities of an individual or organization - For Real Estate: For realtors, real estate investors, property managers, and other real estate professionals. - Forecasting: Form predictions based on past and present data/trends - Invoice Management: Captures invoice data and maintains comprehensive records for auditing and reporting purposes - Lease Origination: Process of creating and establishing a new lease agreement between a property owner and a tenant or borrower - Mobile Access: Access software remotely via mobile devices - Multi-Currency: Manage and handle various international currencies - Multi-Location: Manage and support multiple locations - Portfolio Management: Overview of all programs that help compare initiatives, align projects with strategic goals and identify risk - Property Management: Add, view, and edit details of all properties managed by an agency that are available for sale or rent - Real-Time Reporting: Active reporting of data and metrics - Reminders: Timed notification for any upcoming task, deadline, appointment, or activity - Reporting & Statistics: Collection, analysis, and representation of numerical data and generation of reports to understand various patterns - Reporting/Analytics: View and track pertinent metrics to find patterns and gain insights from data - Retail Leases: For retail leases - Search/Filter: Search and filter data across systems to locate required information by entering keywords or certain criteria - Self Service Portal: Online portal through which end users can access the system, manage tasks, or obtain information - Task Management: Create, manage and track all task activities and progression - Third-Party Integrations: Set up connections to third-party platforms to improve business processes - Transaction History: Record of all transactions such as purchases, deposits, withdrawals and transfers within a specific period - User Management: Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks - Vendor Management: Ability to track and store all vendor-related information, such as contacts, services offered, terms, etc. - Work Order Management: Creating, assign, and track jobs and/or tasks for work orders - Workflow Management: Create, design and manage workflows for repetitive tasks --- Get Advice We can help you find the software with the features you need. Features 4.0 (7) 4.0 Based on 7 reviews ## Pricing Value for money 4.7 (7) Basic £0.46 Flat Rate, Value for money 4.7 (7) 4.7 Based on 7 reviews Connect with a Capterra advisor for a free 15-minute consultation Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs. ## Support, customer service and training options Customer Service 5.0 (7) Support - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat Training - In Person - Live Online - Webinars - Documentation - Videos Deployment - Web - Android - iPhone/iPad Typical users - Freelancers - Small businesses - Mid size businesses - Enterprises Customer Service 5.0 (7) 5.0 Based on 7 reviews ## User reviews Overall rating 4.3 Based on 7 reviews Filter by rating 5(2) 4(5) 3(0) 2(0) 1(0) Mentioned topic Sorted by most recent HS Helen S. Finance Transformation Manager Retail ### "Simple and effective" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 9/10 July 19, 2021 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 Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. AR Alison R. Financial Accountant Airlines/Aviation ### "IRIS leasing software" 4.0 Overall Rating 4.0 4.0 Ease of Use 4.0 4.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 9/10 July 8, 2021 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. 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. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. BB Bart B. Specialist A&R Food Production ### "Review LOIS Lease Accounting" 4.0 Overall Rating 4.0 4.0 Ease of Use 4.0 4.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 8/10 June 25, 2021 Customer support is excellent! 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 Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. TU Tomoko U. Financial Accounts Manager Logistics and Supply Chain ### "Great system I can trust" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 June 24, 2021 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. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. SH Simon H. Accountant Consumer Goods ### "Simon Hughes BWG " 4.0 Overall Rating 4.0 4.0 Ease of Use 5.0 5.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 7/10 June 24, 2021 Very good product with great customer service but i do feel the above 2 features are crcuial. 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. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. RK Rachel K. Group Financial Reporting Manager Higher Education ### "Very pleased with our journey with LOIS / IRIS Lease Accounting" 4.0 Overall Rating 4.0 4.0 Ease of Use 4.0 4.0 Features 3.0 3.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 June 17, 2021 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. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. AG Anton G. Group Reporting Manager Food & Beverages ### "Very good value for money" 4.0 Overall Rating 4.0 4.0 Ease of Use 4.0 4.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 9/10 June 17, 2021 Initial implementation of IRIS lease accounting was a smooth ride. Aftercare is excellent. 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 Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. [View all Reviews](https://www.capterra.com/p/153407/LOIS/reviews/) ## Top-rated software of 2026 ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox.