LeaseAccounting.app vs Softrax Lease Accounting
LeaseAccounting.app
leaseaccounting.appSoftrax Lease Accounting
softrax.comSide by side
| Figure | LeaseAccounting.app | Softrax Lease Accounting |
|---|---|---|
| Price from | €149/mo | — |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | — |
| iOS | Yes | — |
| Android | Yes | — |
| Plans published | 4 | 0 |
| Spec score · Lease Accounting Software | 9.0 (#1) | 5.8 (#46) |
| Integrations | The site lists forthcoming direct templates for SAP S/4HANA, Oracle Cloud, Dynamics 365, NetSuite and QuickBooks. | SOFTRAX says RMS integrates with more than 200 ERP systems and connects with CRM, CPQ, and other systems. |
| Support | Starter includes email support typically within 1–2 business days; Growth typically within 1 business day; Pro has priority business-hours support. | SOFTRAX lists product support at [email protected] and +1 617 778 2226. |
Plans
LeaseAccounting.app
- FreeFree
- Starter€149 a month
- Growth€349 a month
- Pro€699 a month
In their own words
LeaseAccounting.app
LeaseAccounting.app is web-based lease accounting software for finance teams handling FRS 102 and IFRS 16. Users upload lease contracts, review extracted terms, confirm discount rates, generate schedules and journal entries, and prepare period close. AI extracts about 25 fields from lease PDFs with confidence scoring, while users approve accounting decisions. A portfolio dashboard covers real estate, vehicles, equipment, IT, machinery and furniture, with critical-date alerts. The product handles modifications, reassessments, indexation and terminations, preserving schedules before and after changes in an audit trail. It supports single-currency tenants; ASC 842 is listed as coming soon. Schedules and journals export to Excel and CSV, while direct ERP templates are also listed as coming soon. Customer data is hosted in Germany or Finland, with GDPR compliance, mandatory MFA, TLS 1.3 in transit and AES-256 encryption at rest. The free plan covers two leases, while Starter costs €149.00 per month and covers 25 active leases. Growth is €349.00 per month and Pro is €699.00 per month. The company was founded in 2016 and is based in Helsinki, Finland.
Softrax Lease Accounting
Softrax Lease Accounting has no write-up on Specifiction yet; its figures are above.