LeaseAbstractors extracts lease terms, payment schedules, renewal and termination options, residual guarantees and discount-rate inputs from every lease in your portfolio — delivering the structured, page-cited data your lease accounting system and your auditors require.
ASC 842 and IFRS 16 put every lease on the balance sheet — but the inputs live in hundreds of PDF leases, amendments and side letters. Re-reading them by hand at adoption, at every modification and at every audit drains the accounting team and invites restatement risk.
Accountants spend the bulk of ASC 842 implementation time locating leases and re-keying terms into the accounting system — work AI can do in minutes per lease.
Renewal options buried on page 47, residual value guarantees in an exhibit, CPI escalators in a side letter — any one of them changes the liability calculation if missed.
Auditors sample leases and trace every figure to the source document. Without page-cited abstracts, each request becomes hours of manual document hunting.
Payment schedules, options and rate inputs extracted in minutes — not weeks. Every lease, every field, with a confidence score, page citation and full audit trail.
From real estate to equipment and vehicle fleets, LeaseAbstractors reads unstructured lease text and returns the clean, structured inputs your ASC 842 / IFRS 16 engine needs — without templates and without manual configuration per lease form.
LeaseAbstractors reads office, retail, industrial and ground leases in any layout, extracting lessor and lessee, commencement and expiration, fixed and variable payment schedules, renewal and termination options with exercise terms, residual guarantees, initial direct costs and stated or implicit rate clauses.
Fleet schedules, copier and machinery agreements — asset descriptions, payment terms, purchase options and end-of-term obligations.
Remeasurement triggers captured: changed payments, extended terms, partial terminations — linked to the parent lease record.
Service, logistics and IT agreements screened for embedded leases — identified assets and right-of-control language flagged for assessment.
Page-cited abstracts that trace every recognised figure back to the source clause — ready for external-auditor sampling.
Sublease terms and intercompany arrangements abstracted for lessor-side classification and elimination entries.
No implementation consultants, no template maintenance. Upload your lease portfolio and receive structured, reviewable data your lease accounting engine can consume.
Upload single leases, bulk zip archives or the entire lease repository. Email forwarding, SharePoint sync and API ingestion all supported.
Models identify the document type — lease, amendment, embedded-lease contract — then extract every recognition input with a confidence score per field.
Low-confidence fields and judgment items — reasonably-certain renewal options, variable payment structures — surface in a review queue. Every decision logged with timestamp and user.
Export to Excel, CSV or JSON. Push to Visual Lease, ProLease, your ERP lease module or any lease accounting engine via API.
Leases are dense, multi-page and non-standard. LeaseAbstractors is built for exactly this — reading payment tables across page breaks, interpreting defined-term cross-references and capturing the option language behind every term judgment.
{
"document_type": "real_estate_lease",
"status": "completed",
"confidence": 0.974,
"fields": {
"lessor": "Northwind Properties LLC",
"lessee": "Meridian Services Ltd",
"commencement": "2026-01-15",
"lease_term_months": 96,
"monthly_payment": 41250.00,
"escalation": "CPI, 2.5% floor",
"implicit_rate": null
},
"options": [
{ "type": "renewal",
"term_months": 60,
"notice_by": "2033-01-15",
"source_page": 47 }
]
}Lease data feeds the balance sheet, so the extraction layer is in scope for your control environment. LeaseAbstractors is built with the security posture and audit capabilities external auditors and enterprise security teams expect.
Request security packIndependently audited security, availability and confidentiality controls — available to share with your procurement team.
TLS 1.3 in transit, AES-256 at rest. Every lease and every extracted dataset encrypted throughout.
Every lease upload, extraction run, field edit and export is logged with user identity, timestamp and IP — tamper-evident and exportable for SOX walkthroughs.
Lease documents and source files automatically purged after extraction completes — no residual data, no retention liability.
Enforce identity policies across your accounting and lease administration teams with enterprise SSO, role-based access control and automated provisioning.
EU and US data residency options, full data-subject request support and DPA available for GDPR Article 28 obligations.
We ran LeaseAbstractors over 1,800 leases during our IFRS 16 re-baselining. What would have taken the team a full quarter took nine days, and every figure in the right-of-use schedule traces to a page citation our auditors could verify directly.
"Our ASC 842 adoption stalled for months on data collection. With LeaseAbstractors, the embedded-lease screen alone surfaced 40 contracts we would have missed — the abstraction itself ran over two weekends."
"The audit log was the deciding factor for our external auditors. Every extracted figure, every reviewer edit, fully exportable and page-cited. PBC requests that took days now take minutes."
Start extracting ASC 842 and IFRS 16 inputs from your leases in minutes, or speak with our team about a full-portfolio adoption or remeasurement deployment.
Not answered here? Speak with our lease-accounting solutions team directly.
Talk to our teamLeaseAbstractors extracts lessor and lessee entities, commencement and expiration dates, fixed and variable payment schedules, escalation mechanics, renewal, termination and purchase options with exercise windows, residual value guarantees, incentives and initial direct costs, and stated or implicit rate clauses — across any lease layout, with no template required.
Yes. LeaseAbstractors combines OCR pre-processing with AI to read rotated, deskewed and low-resolution scans, including typewriter-era originals. Confidence scores surface fields that need human review, so your team knows exactly where to spend attention.
LeaseAbstractors does not make the judgment for you — it extracts the evidence: every option, its term, exercise window, notice requirement and penalty, cited to the source page. Your accounting team applies the judgment with the full clause set in front of them.
No. Customer documents are never used to retrain or improve LeaseAbstractors models. Leases are processed under strict data-processing isolation and can be automatically purged after extraction completes.
Yes. Bulk ingestion accepts zip archives, SharePoint links or API-pushed batches of thousands of leases. LeaseAbstractors classifies each document, extracts recognition inputs per type, and consolidates results into a single exportable dataset ready for your calculation engine.
LeaseAbstractors holds SOC 2 Type II certification. We provide a Data Processing Agreement (DPA) for GDPR Article 28, a security questionnaire pack and audit-log exports suitable for SOX walkthroughs. Contact our team for the full compliance documentation set.