---
description: Review of ZenTreasury IFRS 16 Lease Accounting Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice New Zealand.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png
title: ZenTreasury IFRS 16 Lease Accounting | Reviews, Pricing & Demos - SoftwareAdvice NZ
---

Breadcrumb: [Home](/) > [Lease Accounting Software](/directory/3971/lease-accounting/software) > [ZenTreasury IFRS 16 Lease Accounting](/software/117345/zentreasury-lease-accounting)

# ZenTreasury IFRS 16 Lease Accounting

Canonical: https://www.softwareadvice.co.nz/software/117345/zentreasury-lease-accounting

> ZenTreasury Lease Accounting Software is a cloud-based solution that helps organizations manage auditing, accounting, financial contracts and more. It enables administrators to log foreign exchange transactions, automate lease operations and generate custom reports on a unified platform.&#10;&#10;&#10;Accountants can use the application to validate IFRS 16 calculations, review currency exchange prices and track transactions by date, time or user stamp. Features of ZenTreasury Lease Accounting Software include activity dashboard, currency rate management, notifications, database management, analytics and more. Additionally, the integrated portfolio management system allows professionals to manage lease or rental agreements in compliance with IFRS 16 standards.&#10;&#10;&#10;ZenTreasury Lease Accounting Software enables managers to define organization’s hierarchy, create custom workflows and adjust changes in agreements during the lease term. Pricing is available on a monthly subscription and support is extended via phone, email and video tutorials.
> 
> Verdict: Rated **5.0/5** by 3 users. Top-rated for **Likelihood to recommend**.

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## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **5.0/5** | 3 Reviews |
| Ease of Use | 5.0/5 | Based on overall reviews |
| Customer Support | 5.0/5 | Based on overall reviews |
| Value for Money | 5.0/5 | Based on overall reviews |
| Features | 4.3/5 | Based on overall reviews |
| Recommendation percentage | 100% | (10/10 Likelihood to recommend) |

## About the vendor

- **Company**: ZenTreasury
- **Founded**: 2016

## Commercial Context

- **Starting Price**: €15,360.00
- **Pricing model**: Other
- **Pricing Details**: ZenTreasury is priced to the scope you run, with lease and treasury accounting included in the base license. From EUR 15,360 per year, covering up to 300 contracts, 20 reporting entities, 10 users and 20 bank accounts. Implementation is scoped separately from EUR 4,999. Custom pricing available for larger portfolios with higher contract volumes, more entities, dedicated implementation and extended SLA.
- **Target Audience**: 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Linux (Desktop), Chromebook (Desktop)
- **Supported Languages**: Arabic, English, Finnish
- **Available Countries**: Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua & Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium and 210 more

## Features

- API
- Accounting
- Accounting Integration
- Activity Dashboard
- Activity Tracking
- Ad hoc Reporting
- Alerts/Escalation
- Alerts/Notifications
- Amortisation Schedule
- Asset Lifecycle Management
- Audit Management
- Audit Trail
- Budgeting/Forecasting
- Capitalisation Reporting
- Cash Flow Management
- Client Portal
- Commercial Leases
- Compliance Management
- Configurable Workflow
- Contact Database

## Support Options

- Email/Help Desk
- FAQs/Forum
- Knowledge Base
- Phone Support
- Chat

## Category

- [Lease Accounting Software](https://www.softwareadvice.co.nz/directory/3971/lease-accounting/software)

## Related Categories

- [Online Property Management Software](https://www.softwareadvice.co.nz/directory/151/web-based-property-management-software/software)
- [Property Management Apps Software](https://www.softwareadvice.co.nz/directory/1662/management-apps/software)
- [Lease Management Software](https://www.softwareadvice.co.nz/directory/3026/lease-management/software)
- [Lease Accounting Software](https://www.softwareadvice.co.nz/directory/3971/lease-accounting/software)

## Alternatives

1. [Rex Cirrus8](https://www.softwareadvice.co.nz/software/362620/cirrus8) — 5.0/5 (15 reviews)
2. [Nakisa IWMS](https://www.softwareadvice.co.nz/software/86048/infosite) — 4.5/5 (11 reviews)
3. [Visual Lease](https://www.softwareadvice.co.nz/software/96122/visual-lease) — 4.7/5 (55 reviews)
4. [LeaseQuery](https://www.softwareadvice.co.nz/software/431627/leasequery-pm) — 4.7/5 (105 reviews)
5. [Yardi Voyager](https://www.softwareadvice.co.nz/software/2727/yardi-voyager) — 4.2/5 (253 reviews)

## Reviews

### "Agile software and excellent service" — 5.0/5

> **Elina** | *26 November 2019* | Accounting | Recommendation rating: 10.0/10
> 
> **Pros**: ZenTreasury is easy to use for all across the organisation. Customer service is excellent and questions are answered without delay. ZenTreasury is also cost effective and you really get value for money. Our reporting needs were taken into account very well and a new feature was also developed in the software based on our needs. ZenTreasury has been proved to be very flexible and agile software and it has a user-friendly interface.
> 
> **Cons**: To ascertain that the data for previous periods are not changed, the system has the possibility to freeze all lease agreements before certain date. Although the freezing functionality meets the needs, it would be more preferable to freeze only the previous periods and not all lease agreements (and their coming months as well).

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### "Excellent service and cost effective" — 5.0/5

> **Milla** | *4 May 2021* | Food & Beverages | Recommendation rating: 10.0/10
> 
> **Pros**: ZenTreasury is easy to use and has a user-friendly interface. &#10;Customer specific needs were taken into account very well, The knowhow of leasing accounting is excellent and all questions were solved quickly. Implementation was quick and easy.
> 
> **Cons**: There are some internal requirements that we would like to see in the system

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### "Zen Treasury for our IFRS16 agreements" — 5.0/5

> **eveline** | *18 November 2019* | Information Technology & Services | Recommendation rating: 10.0/10
> 
> **Pros**: We looked at a number or providers but decided on Zen Treasury mainly due to its userfriendliness.
> 
> **Cons**: Although the system is very easy to use, a short manual would still be useful
> 
> We were looking for a tool to help us be compliant with IFRS16. Once we made the decision to use Zen, it was amazing how quickly everything was set up. Throughout our customising and implementation we have found the Zen team to be very helpful, easy to reach and hands on\!

## Links

- [View on SoftwareAdvice](https://www.softwareadvice.co.nz/software/117345/zentreasury-lease-accounting)

## This page is available in the following languages

| Locale | URL |
| de | <https://www.softwareadvice.de/software/117345/zentreasury-lease-accounting> |
| en | <https://www.softwareadvice.com/property/zentreasury-lease-accounting-profile/> |
| en-AU | <https://www.softwareadvice.com.au/software/117345/zentreasury-lease-accounting> |
| en-GB | <https://www.softwareadvice.co.uk/software/117345/zentreasury-lease-accounting> |
| en-IE | <https://www.softwareadvice.ie/software/117345/zentreasury-lease-accounting> |
| en-NZ | <https://www.softwareadvice.co.nz/software/117345/zentreasury-lease-accounting> |
| fr | <https://www.softwareadvice.fr/software/117345/zentreasury-lease-accounting> |

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