INDUSTRIES

Hospitality

Lease accounting and lease management designed for the hospitality sector
Book a demo

Manage your portfolio with our hospitality lease management software

Whether it’s restaurants, cafes, hotels, spas, tourism outlets, corporate offices, fleets of company vehicles, catering equipment or office supplies, as a hospitality business, it’s likely you have a large number of leases, sub-leases and other agreements.

Nomos One provides a hospitality lease management software solution that allows you to manage your portfolio as closely as possible and make informed decisions about growing your hospitality business.

Nomos One’s lease management and lease accounting software enables you to store leases and subleases in one place, which enables you to produce accurate and useful reports on your hospitality property and asset portfolios.

Laptop with a preview of lease management software.

The challenges of lease accounting in hospitality

In addition to the regular challenges of lease management, hospitality businesses are faced with the challenges of IFRS 16. IFRS 16 will directly impact the financial performance and value of your company. It is essential to adhere to the IFRS 16 standards in your business and hospitality operations. Given the complexity of lease accounting under IFRS 16, we recommend those operating in the hospitality sector invest in a lease management and lease accounting platform that can help you achieve IFRS 16 compliance. Our hospitality lease management software will ensure that your lease portfolio is up to date with easily actionable notifications that help you meet protocol milestones with confidence.

Lease management designed for hospitality

Nomos One is a comprehensive, cloud-based, lease management and lease accounting software solution that is designed to accommodate a large range of hospitality leased assets. This is the lease accounting and management software your business needs to ensure the efficient management of leases, subleases, licences, sublicences, easements, grants, resource consents and general contracts.

Nomos One offers many benefits that will save your business time and effort. Our lease accounting software offers advantageous features for many businesses, including automated calculations, a coherent and straightforward dashboard, event reminders, a user-friendly workflow, custom reports and fields, and the ability to automatically generate lease documents. Our robustly tested IFRS 16 modules automatically calculate right-of-use assets, lease liabilities, depreciation and interest expenses, and generate the resulting journals accordingly.

Questions? We’ll put you on the right path.