Head to head: Excel vs. Lease Accounting Software for IFRS 16 compliance

by Gregory Gjini Gregory Gjini | 12/8/23 1:15 PM

What are the strengths and weaknesses of spreadsheets compared to specialized software for lease accounting? We have evaluated both solutions head to head across 16 different aspects of the process to comply with IFRS 16 requirements.

Excel vs Lease accounting (1)


The job of choosing the right tool for IFRS 16 management begins with assessing how easy it is to get started with the solution, and it doesn't end until well after you have definitively answered the IFRS 16 reporting requirements. From ease of use to cost efficiency, we've covered it all in a user-friendly table in pdf-format that you can download and keep.

Are you ready to embark on a journey towards streamlined, compliant lease accounting? 

Our comparison table provides insights into the most important factors when deciding how to comply with IFRS 16:

  • Ease of getting started
  • Usability and efficiency
  • Support and training
  • Compliance and reporting
  • Ongoing lease management
  • Scalability and data integrity


Download our Excel vs. Lease accounting software comparison in PDF-format here:



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