EZLease

EZLease is a streamlined, cloud-based lease accounting solution built to simplify compliance with complex standards such as ASC 842, IFRS 16, GASB 87, and GASB 96. Designed for both lessees and lessors, it centralizes and automates lease management processes, ensuring audit-ready accuracy, regulatory compliance, and operational efficiency. The platform’s core function is to replace error-prone, spreadsheet-based management with an automated system that delivers real-time insights, reliable data validation, and comprehensive reporting capabilities for enterprises managing real estate or equipment leases across multiple jurisdictions.​ EZLease provides an intuitive interface supported by automated classification, validation, and reporting. Its architecture supports individual or bulk lease uploads using templates, and it can manage over a thousand leases simultaneously without performance trade-offs. Users benefit from flexible amortization scheduling, automated journal entries, early termination tracking, late booking adjustments, and multi-currency support. These features not only maintain accounting accuracy but also enable seamless month-end close processes. The system also includes preconfigured and customizable reports—over fifteen standard templates—covering amortization details, disclosures, gain/loss summaries, and portfolio insights. These reports are export-ready for ERP and EPM systems, enabling direct integration into enterprise financial environments such as Oracle, Workday, SAP, and Microsoft Dynamics.​ One of the major advantages of EZLease is its focus on compliance automation. The platform continuously updates its rule engine in line with the most recent international and government accounting regulations, thus ensuring real-time adherence to changing lease reporting standards. It offers built-in audit trails that document every system transaction, providing a transparent compliance history. The software also allows organizations to map leases directly to general ledger accounts, ensuring full harmonization between lease accounting and corporate financial statements. For lessors, the 2025 launch of EZLease Lessor enhanced the system’s functionality, allowing both operating and sales-type leases to be managed within the same ecosystem. This addition expanded its appeal to asset-financing organizations, equipment-leasing firms, and property management enterprises seeking unified visibility across lease portfolios.​ The solution’s performance and scalability make it suitable for medium to large enterprises. It’s widely deployed among organizations handling between 50 and 10,000 active leases and operating across multiple subsidiaries or regions. Customers report significant reductions in manual lease due diligence, improved close cycle times, and faster financial reconciliation. Its centralized cloud environment guarantees secure, permission-based multi-user access while meeting enterprise-level data security standards. Furthermore, EZLease’s bulk import/export tools and IT-free configuration options empower financial teams to independently manage lease data workflows with minimal technical assistance, accelerating onboarding and reducing administrative overhead.​

EZLease by insightsoftware holds a strong competitive edge in the lease accounting market due to its powerful compliance automation, intuitive user experience, scalability, and broad ERP integration ecosystem. Unlike many competing solutions that require extensive custom setup or IT dependency, EZLease is engineered for simplicity and rapid deployment while maintaining enterprise-grade accuracy and control. This unique balance of usability and technical rigor distinguishes it as the most accessible yet compliance-heavy platform for both lessees and lessors.​ One of EZLease’s leading advantages is its built-in adherence to major international accounting standards—ASC 842, IFRS 16, GASB 87, and GASB 96. Its compliance engine automatically updates in line with evolving regulations, eliminating the need for manual recalculation or intervention during audits. Competitors like LeaseQuery, Visual Lease, and NetLease often require external configuration or additional modules for similar compliance agility. EZLease streamlines these processes out of the box, offering pre-configured reports and validation tools that generate audit-ready outputs in seconds. It also ensures every action leaves a transparent audit trail, granting users confidence in their financial disclosures.

• Small Businesses (1-99)
• Mid Market (100-500)
• Enterprise (500+)