How does LOIS handle bulk fleet lease uploads?
LOIS's fleet management module accepts bulk lease data in any standard format from any lessor or fleet management provider. It automatically cross-validates every incoming record against the existing portfolio and identifies new leases, modifications, price changes, CPI adjustments, extensions, and terminations before they are applied. Finance stays in control of what changes and why: the system produces a reviewable change list before writing anything, rather than an opaque bulk import.
CPI adjustments are handled per lease individually, with each payment schedule recalculated and the updated IFRS 16 liability recognised correctly. Scope reductions and early terminations are flagged before any change is written, with the full calculation updated in the same step. The result is a monthly processing run that takes minutes rather than days, with every change tied to a timestamped audit trail entry.
For UK and Irish organisations, LOIS also automates FRS 102 Section 20 compliance across fleet and property portfolios, ensuring consistent lease accounting treatment regardless of the applicable standard.
LOIS unifies fleet lease accounting with property and finance data in a single lease platform.