# IRIS Lease Accounting Reviews 2026. Verified Reviews, Pros & Cons | Capterra

> Is IRIS Lease Accounting the right Lease Management solution for you? Explore 7 verified user reviews from people in industries like yours to make a confident choice.

Source: https://www.capterra.com/p/153407/LOIS/reviews

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IRIS Lease Accounting

4.3 (7)

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Last updated December 14th, 2025

# Reviews of IRIS Lease Accounting

Ease of use

4.4

Customer Service

5.0

## Showing most helpful reviews

Showing 1-7 of 7 Reviews

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Most Helpful

Rating

Company Size

Reviewer's Role

Length of Use

Frequency of Use

AR

Alison R.  
Financial Accountant  
Airlines/Aviation  
Used the software for: 2+ years

### "IRIS leasing software"

July 8, 2021

4.0

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

Reason for choosing IRIS Lease Accounting

Ease of implementation and price.

Review Source

RK

Rachel K.  
Group Financial Reporting Manager  
Higher Education  
Used the software for: 2+ years

### "Very pleased with our journey with LOIS / IRIS Lease Accounting"

June 17, 2021

4.0

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.

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.

Review Source

SH

Simon H.  
Accountant  
Consumer Goods  
Used the software for: 1-2 years

### "Simon Hughes BWG "

June 24, 2021

4.0

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

BB

Bart B.  
Specialist A&R  
Food Production  
Used the software for: 2+ years

### "Review LOIS Lease Accounting"

June 25, 2021

4.0

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.

Reason for choosing IRIS Lease Accounting

N/a

Review Source

TU

Tomoko U.  
Financial Accounts Manager  
Logistics and Supply Chain  
Used the software for: Less than 6 months

### "Great system I can trust"

June 24, 2021

5.0

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

AG

Anton G.  
Group Reporting Manager  
Food & Beverages  
Used the software for: 2+ years

### "Very good value for money"

June 17, 2021

4.0

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

Reason for choosing IRIS Lease Accounting

Value for money

Review Source

HS

Helen S.  
Finance Transformation Manager  
Retail  
Used the software for: 1-2 years

### "Simple and effective"

July 19, 2021

5.0

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

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