EZLease

by Financial Computer Systems

5 / 5 8 reviews
Free Trial Detailed information
EZLease

Who Uses This Software?

EZLease is used by companies in a wide range of industries, including retail & restaurant chains, telecommunications, governments, manufacturing, medical, banks, and utilities.

Average Ratings

8 reviews
  • Overall 5 / 5
  • Ease of Use 5 / 5
  • Customer Service 5 / 5
  • Features 5 / 5
  • Value for Money 5 / 5

Product Details

  • Starting Price $375/one-time
  • Free Version No
  • Free Trial Yes, get a free trial
  • Deployment Installed - Windows
  • Training Live Online
    Webinars
    Documentation
  • Support Business Hours
    Online

Vendor Details

  • Financial Computer Systems
  • https://www.ezlease.net
  • Founded 1975

About EZLease

EZLease is the tested and reliable solution for lease accounting, with complete compliance with U.S. and international lease accounting standards FAS 13/ASC 842 and IAS 17/IFRS 16 for lessees and lessors. Drawing on FCS's 40 years of experience in lease accounting software, working with hundreds of companies and hundreds of thousands of leases, EZLease provides simple yet thorough financial reporting for both capital (finance) and operating leases.

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EZLease Features

  • Amortization Schedule
  • Asset Management
  • Billing & Invoicing
  • Budgeting & Forecasting
  • Capitalization Reporting
  • Critical Date Alerts
  • Expense Tracking
  • For Equipment Leases
  • For Real Estate
  • Payment Tracking
  • Portfolio Management
  • Tax Management

EZLease Most Helpful Reviews

EzLease New Standard

Translate with Google Reviewed on 11/14/2018
Gene L.
VP, Chief Accounting Officer, Treasurer, Controller
Broadcast Media, 1,001-5,000 Employees
Used the Software for: 2+ years
Reviewer Source 
Source: asdf
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend:
Not Likely Extremely Likely

Comments: We have been an EzLease user for at least 10 years. I am the VP, Treasurer, Contoller and principal accounting officer of the company.

Pros: A significant advantage of using EzLease is the ability to work with one of the representative directly, who has a great understanding of the new lease standard. He has helped us through the implementation process so that we understand what is needed to be compliant. We have between 500 to 1000 leases and we are a large public company. The ability to produce and verify the numbers is paramount to our testing for SOX compliance and with the new auditing reports, we are easily able to reproduce all of the numbers in the report. The software works well for us under the current standard and we just completed our review of the software under the new standard and believe we have everything we need for reporting purposes. In addition, the software is highly cost effective for us.

Cons: A would be nice to have feature, but not a requirement, would be the ability to attach a document (Word, PDF or Excel) to an individual lease record.

Vendor Response

by Financial Computer Systems on 11/27/2018

Thanks, Gene, for your review and support. Actually, EZLease does have the ability to attach documents to the lease record. An earlier version could only attach picture files, and perhaps you weren't aware of the upgrade in capabilities.

EZLease is the product to manage and track all of your leases.

Translate with Google Reviewed on 11/15/2018
John S.
Director of Finance
Construction, 1,001-5,000 Employees
Used the Software for: 2+ years
Reviewer Source 
Source: asdf
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
Value for Money
Likelihood to Recommend:
Not Likely Extremely Likely

Comments: We have been using EZLease for over four years. In that time EZLease has grown with us as our company has grown. It is very easy to use with very little training to operate. When we do have questions, we always get a quick response via email or telephone. It is nice to actually talk with real people.

Pros: EZLease is very easy to use. With very little training, we were up and running. You can also customize fields that allow you to track additional information for your company. The reports are easy to run in PDF or Excel. We rely on EZLease for accurate determination of Capital and Operating leases.

Cons: If I had to say anything, it would be more documentation. But with the ease of use of EZLease, I very rarely have to reference the documentation.

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