In today’s dynamic finance and property landscape, organisations increasingly recognise that great lease management isn’t just about having systems. It’s about having systems that work together and prioritise accurate data. According to a report from KPMG, modern lease accounting since the introduction of the IFRS 16 standard has become as much about data management as about accounting.
Too often we see teams struggling with siloed data, duplicate entries, and manual reconciliation between lease data and their financial ledger. That’s where LOIS comes in, bridging the gap between operational systems and enterprise financial control.
Modern businesses rely on two foundational platforms:
Individually these systems are powerful, but without clear integration, organisations expose themselves to compliance risk, audit challenges, and inefficiencies. The best practice is not to force everything into one system, but to allow each to play to its strengths and feed clean, controlled data between them.
Systems that speak to each other and feed data seamlessly between themselves help to keep your
data accurate and minimise the risk of misstated information.
The latest data from our most recent Kantar independent market survey of finance professionals shows that 26% of respondents find their IFRS 16 process slow and time-consuming, and 23% of respondents experience difficulties in data collection and management. Some of the commentary we heard from these respondents reflects these pain points:
"My biggest frustration with the current IFRS 16 compliance process is the complexity of tracking and managing all the lease data across different systems. It takes up a lot of time and sometimes feels like there's a lot of manual work involved."
"I'm asked to collect detailed information about each lease contract, such as lease terms, payment plans, lease components, discount rates, etc. Collecting this comprehensive data from different departments and systems is time-consuming and error-prone."
This is where having an expert-led lease management platform makes a tangible difference to organisations.
LOIS sits alongside your ERP and doubles as your PMS, ensuring a seamless flow of accurate, compliant lease data that your finance team can trust. This integration does more than just exchange data. It preserves control, governance, and audit readiness across teams, and makes it simple for property teams to manage leases and upcoming events.
Here’s how LOIS supports a unified system architecture without disruption:
Whether you’re running SAP, Oracle, Workday, or another leading ERP platform, LOIS maps lease accounting outputs directly into your general ledger, automating journal posting, reducing manual uploads, and maintaining a consistent data structure that supports period-end close with confidence.
LOIS ensures property events and financial outputs align in real time. This means that critical lease milestones, rent reviews, expiries, and IFRS 16 outputs are available to both operational teams and finance, eliminating data silos and ensuring everyone is working from the same set of facts.
We know changing ERP and PMS systems is disruptive, risky, and costly. LOIS integrates via APIs or simple import/export processes so you can keep your existing investments while extending their capabilities to manage lease data flawlessly.
Combining LOIS as your PMS with an ERP delivers real control and operational clarity:
This layered model preserves clarity around roles and responsibilities while ensuring that data accuracy, audit readiness, and compliance are front and centre.
Too many organisations wrestle with disconnected lease data, which leads to version control issues, manual reconciliations, and missed compliance triggers. With LOIS, those risks disappear. Whether it’s automating IFRS 16 calculations, posting journal entries back into your ERP, or ensuring lease events are captured and actioned without duplication, LOIS ensures your architecture works as it should.
Integration is no longer optional - it’s a strategic imperative. By allowing your ERP to do what it does best and using LOIS to orchestrate the data between property and finance teams, you create a resilient, efficient, and audit-ready lease management environment.
Interested in exploring how LOIS can integrate with your systems? Reach out to our team today for a demo and see integration in action.