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SPECIFICTION
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16Leases vs ZenTreasury

16Leases

16leases.com

ZenTreasury

zentreasury.com

Side by side

Figure16LeasesZenTreasury
Price fromFree€799/mo
Free planYes—
Free trialYes—
Open source——
WebYesYes
WindowsYes—
macOSYes—
LinuxYes—
iOSYes—
API—Yes
Self-hostedYes—
Plans published34
Spec score · Lease Accounting Software8.3 (#3)7.7 (#15)
HeadquartersSingaporeHelsinki, Finland
IntegrationsThe opened maker pages describe Excel export but do not name third-party software integrations.The service supports configurable files, scheduled feeds and APIs for ERP, accounting, banking, trading-platform and market-rate data.
Intended usersThe maker describes the product for chartered accountants, certified public accountants, finance managers, accountants, businesses, and accounting firms serving clients.ZenTreasury is aimed at Office of the CFO finance and treasury teams, including group controllers, CFOs, treasury teams and auditors.
Purpose16Leases calculates IFRS 16 lease liabilities and right-of-use asset costs from lease information.ZenTreasury is a financial contract accounting platform that turns leases, loans and FX positions into schedules, journals, disclosures and an audit trail.
SecurityThe maker says sign-in uses an emailed token as a second factor and that token delivery uses SHA-1 encryption.Production servers and backup storage are in the EU, each customer has a separate database, and backup archives are AES-256 encrypted.
SupportTechnical support is available by phone, email, and remote access from 11 am to 6 pm IST, Monday through Friday.Basic support consists of a portal with user guides and an integrated ticketing system; weekday support is listed as 09:00–17:00 Finnish time.

Plans

16Leases

  • FreeFree
  • EnterprisePriced on request
  • PremiumPriced on request

16Leases pricing →

ZenTreasury

  • Premium€799 a month
  • Premium Plus€1,280 a month
  • EnterprisePriced on request
  • ZenTreasuryPriced on request

ZenTreasury pricing →

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.

Visit 16leases.com

ZenTreasury

ZenTreasury has no write-up on Specifiction yet; its figures are above.

Visit zentreasury.com