16Leases vs Lease Harbor
16Leases
16leases.com
Lease Harbor
leaseharbor.comSide by side
| Figure | 16Leases | Lease Harbor |
|---|---|---|
| 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) | 7.3 (#24) |
| Headquarters | Singapore | 800 W 5th Ave, Suite 102B, Naperville, IL 60563, United States |
| Integrations | The opened maker pages describe Excel export but do not name third-party software integrations. | The company lists integrations with Oracle, SAP, Costpoint, PeopleSoft, Great Plains, Workday, NetSuite, Sage, Microsoft Dynamics, JD Edwards, Lawson, and MRI. |
| Purpose | 16Leases calculates IFRS 16 lease liabilities and right-of-use asset costs from lease information. | Lease Harbor provides lease administration and lease accounting software for managing lease portfolios. |
| Security | The maker says sign-in uses an emailed token as a second factor and that token delivery uses SHA-1 encryption. | The site says it uses encryption and security protocols and has passed clients’ internal security and IT requirements. |
| Support | Technical support is available by phone, email, and remote access from 11 am to 6 pm IST, Monday through Friday. | The company says its support team provides direct help from people who design, develop, and implement the platform. |
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.
Lease Harbor
Lease Harbor provides web-based lease administration and accounting for real estate, equipment, and vehicle portfolios. Its tools track leases and key dates, store documents, send reminders, and support automated remeasurement and compliance reporting. Users can customize data fields and reports. Workflow features include approvals, audit trails, and email notifications; reporting covers compliance, financial statements, and audit support. Integration tools provide imports, exports, scheduled transfers, and web services, with listed connections to systems including Oracle, SAP, Workday, NetSuite, and Microsoft Dynamics. The maker says the software automates compliance with FASB, IFRS, and GASB standards and references a SOC 1 Type II report and Tier III+ data centers. Lease Harbor offers training, technical support, accounting, consulting, and data conversion services. It describes customers ranging from small businesses to enterprises. The software requires no installation. Pricing is on request and varies by features such as lease accounting and administration.