Solution

Automate lease abstraction for ASC 842 and IFRS 16 workflows

Leases can be one of your largest cost lines. Stop managing them in spreadsheets. Parsepoint extracts every critical lease term and instantly generates complete lease accounting schedules and audit-ready journal entries. Upload your leases and produce compliant schedules in minutes.

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From lease PDF to audit-ready schedules in minutes

Upload lease and AI extracts terms automatically

Upload & Extract

Upload your lease document and let AI automatically extract all critical terms - lessor, lessee, commencement dates, renewal options, and more.

Review and confirm automatically built payment schedule

Review Payment Schedule

Automatically generate complete payment schedules with all periods, start dates, and monthly payments. Review and lock with a single click.

Instantly produce ASC 842 lease accounting schedule

Generate ASC 842 Schedules

Instantly produce compliant ASC 842 lease accounting schedules with lease expense, interest accretion, liability balance, and ROU asset values.

Manage all leases in a clean, easy to use table

Manage Your Portfolio

View and manage all leases in a clean, filterable table. See lease categories, locations, lessors, and lessees at a glance.

Run monthly journal entries across entire lease portfolio

Export Journal Entries

Run monthly journal entries across your entire portfolio with customizable GL codes and branch IDs that map directly to your ERP system.

Never miss another key date or renewal with automated alerts

Track Key Dates

Never miss a renewal, payment escalation, or lease expiration. Get automated alerts and a comprehensive key dates view across all leases.

See Your Lease Abstracted in Minutes

From scattered leases to actionable intelligence

Watch how quickly Parsepoint transforms your lease portfolio into a source of proactive, auditable lease intelligence.

Abstract a lease in seconds

Upload a lease, approve extracted terms, and get audit-ready structured data. No manual data entry.

Reduce manual effort by 80%+

Eliminate hours of spreadsheet work. Let AI handle extraction while your team focuses on strategy.

Zero missed critical dates

Automated alerts for renewals, escalations, and option deadlines. Never lose a negotiation window again.

Why Parsepoint vs Other Lease Accounting Software

Built for Lease Automation. Not Data Entry.

Legacy lease accounting tools require hours of manual work per lease. Parsepoint uses AI-native automation to extract terms, handle amendments, and eliminate spreadsheet chaos in minutes.

CapabilityLegacy Lease Accounting ToolsParsepoint (AI-Native)
Lease AbstractionManual extraction (hours per lease)✓ AI-powered instant setup
Amendment HandlingRequires rework and re-entry✓ Automatic updates, no rework
User InterfaceClunky UI, heavy navigation and clicks✓ Modern, intuitive design
Critical Date TrackingManual tracking with customized alerts✓ Automated alerts for escalations, renewals, options
Facility & GL MappingDisconnected from operations✓ Native facility & GL integration
Lease RevaluationManual intervention required✓ Instant lease or portfolio revaluation based on amendment, rate changes and more
Audit-Ready Journal EntriesManual preparation and formatting✓ All required entries in seconds with GL & facility mappings to your ERP

Parsepoint isn't just lease accounting software — it's a system that eliminates the manual work behind it.

Get AI lease abstraction, audit-proof ASC journal entries & shedules, amendment handling, critical date alerts, and native facility & GL mapping all in one platform built for the modern accounting team.

ASC 842 / IFRS 16

AI extraction you can audit and trust

Extract every field auditors need for ASC 842 schedules—facility address, lessor, commencement date, lease term, renewal options, escalation periods, and lease classification—with full source traceability.

  • Operating & financing lease classification
  • Renewal option & termination penalty extraction
  • Escalation period & base rent parsing

Operational fit

Built for lease accounting software workflows

Extract critical lease terms to support compliant accounting and disclosure workflows.

Parsepoint adapts extraction, validation, and handoff steps to your document mix so teams can scale this workflow with less manual effort.

For the Office of the CFO

Real estate is one of your largest cost lines. Are you managing it reactively?

Corporate tenants need better information—and proactive alerts—to stay ahead of landlords on renewal negotiations, avoid costly late payment penalties, and eliminate the spreadsheet chaos that buries accounting teams.

Missed renewal deadlines

When you miss a notice window, your landlord holds all the cards. Unfavorable auto-renewals and lost negotiation leverage cost millions.

Late escalation payments

Buried escalation clauses trigger penalty fees that silently erode your real estate budget. Every missed payment date chips away at your bottom line.

Spreadsheet chaos

Manual ASC 842 journal entry tracking drowns your accounting team. Version control nightmares and audit prep anxiety become the norm.

The value of being proactive

Make better real estate decisions before termination windows shrink your options. Proactive lease intelligence gives you time to evaluate whether to vacate, expand, or renegotiate—on your terms, not your landlord's.

More time to negotiate
Lower operating costs
Flexibility to expand or vacate

Implementation structure

Step 1

Upload leases and amendments

Centralize agreements, addenda and supporting documents by entity and location.

Step 2

Parse accounting-relevant terms

Extract required lease fields for recognition, measurement and disclosure.

Step 3

Deliver audit-ready outputs

Structured records maintain links back to source clauses and pages.

Expected outcomes

Stop leaving money on the table

See how proactive lease intelligence helps CFOs negotiate better terms and eliminate compliance surprises.

Schedule a demo