16Leases vs Accruent Lx Contracts
16Leases
16leases.comAccruent Lx Contracts
accruent.comSide by side
| Figure | 16Leases | Accruent Lx Contracts |
|---|---|---|
| Price from | Free | — |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| macOS | Yes | — |
| Linux | Yes | — |
| iOS | Yes | — |
| Self-hosted | Yes | — |
| Plans published | 3 | 0 |
| Spec score · Lease Accounting Software | 8.3 (#3) | 7.0 (#27) |
| Headquarters | Singapore | Austin, Texas, USA |
| Integrations | The opened maker pages describe Excel export but do not name third-party software integrations. | Accruent lists Oracle and SAP ERPs, accounting systems, CRMs, BI tools, financial management and human capital management systems, and CMMS or facilities management solutions as integration types. |
| Intended users | The maker describes the product for chartered accountants, certified public accountants, finance managers, accountants, businesses, and accounting firms serving clients. | The product page describes access for relevant personnel across an organization and positions the product for managing real estate and equipment leases. |
| Purpose | 16Leases calculates IFRS 16 lease liabilities and right-of-use asset costs from lease information. | Lx Contracts automates lease administration and accounting for real estate and equipment leases. |
| Security | The maker says sign-in uses an emailed token as a second factor and that token delivery uses SHA-1 encryption. | The product page names penetration testing, encryption, authentication and dynamic application security testing as security measures. |
Plans
In their own words
16Leases
16Leases calculates IFRS 16 lease liabilities and right-of-use asset costs from lease information. After users enter lease details and adjustments, the software automatically computes results and provides payment schedules. Supported adjustments include lease incentives, purchase options, termination penalties, residual value guarantees, initial direct costs, and dismantling or restoration costs. Premium and Enterprise users can manually customize schedules. Users can export leases to Excel, share a lease by email with another 16Leases account, and manage leases across multiple companies. The software supports journal entries and runs on iOS, Linux, macOS, self-hosted environments, the web, and Windows. Its maker describes it for chartered and certified accountants, finance managers, accountants, businesses, and accounting firms serving clients. The Free plan is free for one user, and the 30-day trial does not allow lease document attachments. Premium is for one user; Enterprise supports unlimited users. Prices for both are available on request. The maker says sign-in uses an emailed token as a second factor and that user data is backed up on Microsoft Azure.
Accruent Lx Contracts
Accruent Lx Contracts has no write-up on Specifiction yet; its figures are above.