Solution
Parsepoint converts lease agreements and amendments into structured, reviewable records for ASC 842 and IFRS 16 workflows. Extract dates, payment terms, options, escalations, parties, locations, and other accounting inputs while keeping each field linked to its source clause or page. Review exceptions before sending approved data to your lease accounting or financial reporting process.
Upload your lease document and let AI automatically extract all critical terms - lessor, lessee, commencement dates, renewal options, and more.
Automatically generate complete payment schedules with all periods, start dates, and monthly payments. Review and lock with a single click.
Instantly produce compliant ASC 842 lease accounting schedules with lease expense, interest accretion, liability balance, and ROU asset values.
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 your entire portfolio with customizable GL codes and branch IDs that map directly to your ERP system.
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
Watch how quickly Parsepoint transforms your lease portfolio into a source of proactive, auditable lease intelligence.
Upload a lease, approve extracted terms, and get audit-ready structured data. No manual data entry.
Eliminate hours of spreadsheet work. Let AI handle extraction while your team focuses on strategy.
Automated alerts for renewals, escalations, and option deadlines. Never lose a negotiation window again.
Why Parsepoint vs Other Lease Accounting Software
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.
| Capability | Legacy Lease Accounting Tools | Parsepoint (AI-Native) |
|---|---|---|
| Lease Abstraction | Manual extraction (hours per lease) | ✓ AI-powered instant setup |
| Amendment Handling | Requires rework and re-entry | ✓ Automatic updates, no rework |
| User Interface | Clunky UI, heavy navigation and clicks | ✓ Modern, intuitive design |
| Critical Date Tracking | Manual tracking with customized alerts | ✓ Automated alerts for escalations, renewals, options |
| Facility & GL Mapping | Disconnected from operations | ✓ Native facility & GL integration |
| Lease Revaluation | Manual intervention required | ✓ Instant lease or portfolio revaluation based on amendment, rate changes and more |
| Audit-Ready Journal Entries | Manual preparation and formatting | ✓ All required entries in seconds with GL & facility mappings to your ERP |
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.
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.
Operational fit
Extract accounting-relevant terms from leases and amendments, review exceptions against source clauses, and export structured data to downstream accounting workflows.
Parsepoint adapts extraction, validation, and handoff steps to your document mix so teams can scale this workflow with less manual effort.
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.
When you miss a notice window, your landlord holds all the cards. Unfavorable auto-renewals and lost negotiation leverage cost millions.
Buried escalation clauses trigger penalty fees that silently erode your real estate budget. Every missed payment date chips away at your bottom line.
Manual ASC 842 journal entry tracking drowns your accounting team. Version control nightmares and audit prep anxiety become the norm.
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.