AI-powered lease accounting platform for Indian enterprises. Upload your lease contracts and generate audit-ready reports instantly—no manual data entry, no complex spreadsheets, no compliance stress.
Lease Contract.pdf
Audit-Ready Report
spent on manual lease data entry and calculations for a portfolio of 50 leases
Problem: Finance teams buried in administrative tasks instead of strategic analysis
in manually maintained lease accounting spreadsheets
Problem: Audit findings, restatements, and compliance penalties
to prepare lease accounting documentation for year-end audits
Problem: Bottlenecks, delays, and stressed finance teams
Drag and drop lease agreements in any format—PDF, scanned images, Word documents. Our AI-powered contract intelligence automatically extracts all lease terms: dates, payment schedules, escalation clauses, renewal options, termination rights, and more.
View your entire lease portfolio in one centralized dashboard. Our Excel-like interface makes it easy to input lease modifications, extensions, or terminations. ZapLease automatically recalculates lease liabilities, ROU assets, depreciation, and interest—all compliant with IFRS 16 and Ind AS 116.
One click generates all IFRS 16 / Ind AS 116 disclosure requirements. Every report includes complete audit trails linking back to source documents. Impress your auditors and close faster.
Upload lease contracts and let AI extract all terms automatically. No manual data entry required.
Save 15+ hours per monthAutomated lease liability measurement, ROU asset recognition, depreciation schedules, and interest calculations.
Eliminate calculation errorsFamiliar Excel interface for inputting lease modifications. System automatically recalculates everything.
No learning curveStore all lease contracts, amendments, and calculations in one secure, searchable location.
Complete portfolio visibilityOne-click generation of all Ind AS 116 disclosure requirements with complete audit trails.
Close audits 60% fasterAutomated reminders for lease expirations, renewal deadlines, and payment obligations.
Never miss a deadlineManaging 20+ store locations across multiple cities
Track rent escalations, CAM charges, and renewal terms across your entire retail footprint. Generate consolidated lease accounting reports for all locations.
A national apparel brand with 50 stores reduced lease accounting time by 85%
Operating multiple outlets with complex lease structures
Handle percentage rent clauses, revenue-based payments, and seasonal adjustments. Maintain IFRS 16 / Ind AS 116 compliance across all locations.
A QSR chain with 35 outlets completed year-end audit prep in 2 days instead of 3 weeks
Companies with office spaces, warehouses, and equipment leases
Manage diverse lease types—real estate, vehicles, equipment. Centralize all lease data for consolidated financial reporting.
A logistics company with 100+ leases achieved 100% audit compliance in first year
Required: Companies with net worth ≥250 crores are subject to Lease Accounting under Ind AS 116
Perpetual license with first-year support included
Pay annually with continuous updates
ZapLease supports all lease types under IFRS 16 and Ind AS 116 including property leases (offices, retail outlets, warehouses), equipment leases, vehicle leases, and mixed-use arrangements. We handle both straightforward and complex lease structures including variable rent, percentage rent, and CPI-linked escalations.
Our AI-powered OCR achieves 95%+ accuracy in extracting lease terms. The system flags any uncertain extractions for manual review, ensuring 100% accuracy in your final lease data. Our contract intelligence is trained on thousands of lease agreements.
Yes. ZapLease makes lease modifications simple through our Excel-like interface. Input the modification details, and the system automatically recalculates lease liabilities, adjusts ROU assets, determines whether it's an accounting modification or separate lease, and generates required journal entries—all compliant with IFRS 16 and Ind AS 116.
ZapLease generates all IFRS 16 and Ind AS 116 disclosure requirements including quantitative disclosures (lease costs, depreciation, interest), maturity analysis of lease liabilities, reconciliation of opening and closing balances, weighted-average calculations, and supporting schedules. All reports include complete audit trails.
Most implementations are complete in 2-4 hours depending on portfolio size. This includes data migration, user training, and validation. Our implementation team provides hands-on support to ensure smooth transition from your existing systems.
Yes. ZapLease exports journal entries in standard formats compatible with major ERP systems (SAP, Oracle, Tally, Zoho Books). We also offer custom API integrations for seamless data flow between systems.
ZapLease generates comprehensive audit documentation with one click. All calculations include complete audit trails linking back to source documents. External auditors can access read-only reports showing all supporting calculations, significantly reducing audit preparation time.
Yes.Your lease data will be stored securely in a private database.
See ZapLease in action with your actual lease portfolio