INDUSTRIES
Public Sector
Lease accounting and lease management software designed for the public sector
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Manage your portfolio with our public sector lease management software
If you’re working in local government, central government, or a Crown or statutory agency, your lease and licence portfolio is likely to span council-owned property, community and sporting tenancies, leased office accommodation, depots, equipment, vehicles, and a range of easements, grants, resource consents and other agreements. Nomos One provides a public sector lease management software solution that allows you to bring every agreement into one place, manage them with confidence, and report on them with accuracy.
Nomos One’s lease management and lease accounting software enables you to store leases, subleases, and licences in a single, centralised system, which enables you to produce accurate and useful reports on your public sector property and asset portfolios.
The challenges of lease management in the public sector
Public sector portfolios come with a particular set of challenges. Property management is often distributed across multiple teams, finance, property, legal, community services, without a dedicated lease management function. Information sits in individual spreadsheets, on shared drives, and in people’s heads. When team members move on, the knowledge often moves on with them, and the next person inherits a portfolio that takes months to piece back together.
On top of that, councils and agencies are accountable in ways that private organisations are not. Ratepayers and the public expect transparency. Auditors expect a clear paper trail. Senior management expect accurate reporting at short notice. And the consequences of getting it wrong, missed charges, expired leases, and inconsistent treatment of community tenants, carry reputational as well as financial cost.
In addition to these everyday operational challenges, public sector entities are subject to lease accounting standards including IFRS 16 and AASB 16 (or the equivalent public sector frameworks adopted in your jurisdiction). These standards directly impact financial reporting and require consistent, auditable treatment of every lease in the portfolio.
Given the complexity involved, we recommend public sector teams invest in a lease management and lease accounting platform that brings the entire portfolio into one place, automates calculations, and stands up to internal audit and external scrutiny. Our software ensures your lease portfolio is up to date with easily actionable notifications that help you meet protocol milestones with confidence.
Lease management designed for the public sector
Nomos One is a comprehensive, cloud-based, lease management and lease accounting software solution designed to accommodate a large range of public sector leased and licensed assets. This is the lease accounting and management software your council or agency 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 team time and effort. Our lease accounting software offers advantageous features for public sector users, 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 (AASB 16) modules automatically calculate right-of-use assets, lease liabilities, depreciation and interest expenses, and generate the resulting journals accordingly, giving your finance team accurate, audit-ready outputs without the manual reconciliation that spreadsheets demand.
For public sector teams, the platform also delivers something harder to measure but just as important: continuity. When a property advisor or finance officer moves on, the information stays in the system, accessible to whoever steps into the role. The institutional knowledge doesn’t walk out the door.
Trusted by councils and government agencies across Australia and New Zealand
The public sector teams we work with manage diverse lease and licence portfolios across council-owned property, community and sporting tenancies, and government facilities often without a dedicated property management function. Nomos One replaces isolated spreadsheets with a single, centralised system that gives every stakeholder confidence in the data, surfaces critical dates before they become problems, and stands up to internal audit and external scrutiny. For councils and agencies that need a fit for purpose solution rather than an over-engineered enterprise tool, Nomos One is built to deliver clarity and continuity, even as people and priorities change.
Here’s what a local government property leader in South Australia has to say.
City of West Torrens: a metropolitan local council in South Australia
The City of West Torrens manages a mixed lease and licence portfolio of commercial, community, and sporting club tenancies. Like many local councils, the team had been relying on individual spreadsheets to track agreements a model that left information fragmented, charges inconsistent, and knowledge tied to specific staff members. After clearing internal IT and security review, Nomos One gave West Torrens a single source of truth across the property and finance teams, removed the administrative risk of staff turnover, and freed up time for the higher-value community work the council exists to deliver.
“The biggest success for me has been peace of mind. Previously, I worried about whether important details were being missed due to administrative errors. Now, I feel confident that everything is where it should be. We didn’t need every possible feature — just a reliable, intuitive system that would meet our needs without unnecessary complexity. If we’re audited, we have a reliable system in place to demonstrate compliance and accuracy”
Frank PowellSenior Property Advisor | City of West Torrens, South Australia
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FAQs
What is lease management for the public sector?
Public sector lease management is the process of tracking, administering, and reporting on the leases and licences a council, government agency, or Crown entity holds or grants. It covers commercial tenancies, community and sporting club agreements, leased office accommodation, depots, vehicles, equipment, and a wide range of easements, grants, and resource consents.
Does Nomos One work for both local government and central government agencies?
Yes. Nomos One is used across local councils, central government departments, Crown entities, and statutory agencies. The platform is designed to flex around mixed portfolios of leases, subleases, licences, and other agreements – regardless of the size or structure of the organisation.
How does Nomos One support IFRS 16 and AASB 16 compliance?
Our IFRS 16 (AASB 16) modules automatically calculate right-of-use assets, lease liabilities, depreciation, and interest expenses, and generate the resulting journals. The accounting engine has been tested against more than 1,000 scenarios with input from major audit firms.
Is Nomos One suitable for coucils that don’t have a dedicated property team?
Yes. Many of the councils and agencies we work with manage lease portfolios without a dedicated property management function, often with responsibility shared across finance, legal, and community services. Nomos One is built to be usable by people whose role is broader than lease administration alone.
What happens to our data if a staff member leaves?
One of the most valuable benefits we hear from public sector customers is continuity. When a property advisor or finance officer moves on, the lease data, history, and reminders stay in the system, accessible to whoever steps into the role. Institutional knowledge stays with the council, not the individual.
