Lease accounting and lease management software designed for the education sector
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Manage your portfolio with our education lease management software

Education facilities have many different leases, licences, easements and contracts to track, including leases for land, buildings, fleets of vehicles, office equipment and other bespoke items. Nomos One provides an education lease management software solution that enables you to manage your portfolios as closely as possible and keep track of important dates and rates.

Our lease management and lease accounting software enables you to store leases and subleases in one central location, which empowers you to produce accurate, useful reports on your education property and asset portfolios and to manage them efficiently.

Laptop with a preview of lease management software.

The challenges of lease accounting in education

In addition to the regular challenges of lease management, education lease management and lease accounting is faced with the challenges of IFRS 16. IFRS 16 will directly impact the financial performance and value of your business. It is essential to adhere to the IFRS 16 standards in your business and education operations. Given the complexity of lease accounting under IFRS 16, we recommend those operating in the education sector invest in a lease management and lease accounting platform that can help you achieve IFRS 16 compliance. Our education 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 education

Nomos One is a comprehensive, cloud-based, lease management and lease accounting software solution that is designed to accommodate a large range of leased assets, including those commonly used within the education sector. 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 a number of benefits that will save your business time and effort. Our lease accounting software offers advantageous features for many education 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.

Snapshots of lease accounting in the modern office.

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