MYNDLeaseX: Transform Your Lease Management with Intelligent Automation
The comprehensive lease management software that simplifies complexity and ensures compliance
- Dynamic Calculation Engine
- INDAS 116 & IFRS 16 Compliance
- Landlord Self-Service Portal
- Real-Time Analytics Dashboard
- Seamless ERP Integration
Managing Leases Today is More Complex Than Ever Before
Organizations face unprecedented complexity in lease management with evolving regulations, multiple stakeholders, and intricate lease structures. Companies need sophisticated automation to identify, process, analyze, and optimize their entire lease portfolio while ensuring compliance.
Complex Calculations
Revenue sharing, variable rent, multiple landlords, retrospective changes - each lease can have unique calculation requirements that are difficult to handle manually
Compliance Requirements
INDAS 116, IFRS 16, and other standards require detailed lease accounting, right-of-use asset tracking, and regular actualization
Landlord Management
Managing KYC documents, payment terms, and communication with hundreds of landlords is time-consuming and error-prone
Complete Lease Management Software Built for Modern Organizations
MYNDLeaseX combines cutting-edge technology with practical insights to automate complex calculations and manage IFRS 16, INDAS116, and INDAS109 requirements. Our dynamic calculation engine transforms lease management from manual, error-prone processes into an automated system handling everything from landlord onboarding and revenue sharing calculations to compliance and self-service portals.
Dynamic Calculation Engine
Automate complex lease scenarios with confidence using our proprietary dynamic calculation engine
Compliance and Control Framework
Ensure regulatory compliance with built-in controls and automated compliance features
Landlord Self Service Portal
Empower landlords with direct access and control through secure, personalized portal
Centralized Data
Single source of truth for all lease information
ERP Integration
Seamless connection with your financial systems
Reporting and Analytics
Insights into your lease portfolio
Results That Matter
MYNDLeaseX delivers tangible improvements across all aspects of lease management
Complete Lease Management in Five Integrated Steps
From lease setup to analytics, MYNDLeaseX provides end-to-end automation for your entire lease portfolio
Complete Lease Lifecycle Management
From lease setup to termination, everything in one system
- Lease Onboarding: Quick setup with guided data entry and validation
- Property Master: Centralized property and location information
- Landlord Management: Complete landlord data including KYC and bank details
- Lease Modifications: Handle amendments with automatic recalculation
- Renewal Alerts: Automated reminders for renewals and deadlines
- Lease Termination: Process terminations with final reconciliation
Landlord Self-Service Portal
Reduce admin work while improving landlord satisfaction
- Document Upload: Landlords upload KYC documents directly
- Invoice Submission: Online invoice generation and submission
- Payment Schedule: View upcoming and past payment details
- Payment Tracking: Real-time status of all payments
- Query Management: Submit and track queries online
- Report Access: Download rent projections and payment reports
Utility Bill Management
Track total operating costs beyond rent
- Bill Submission: Upload electricity, water, and other utility bills
- Approval Workflow: Multi-level approval for bill processing
- Cost Allocation: Allocate costs across locations and departments
- Total Cost View: See rent plus utilities for complete occupancy cost
Calculation Engine
Advanced calculation capabilities for complex lease scenarios
- Revenue Sharing: Complex revenue sharing calculations with tiered structures
- Multiple Landlords: Handle multiple landlord arrangements seamlessly
- Retrospective Changes: Automatic recalculation of historical periods
- Escalation Clauses: Complex escalation and rental adjustment handling
Analytics Dashboard
Comprehensive insights and real-time analytics
- Executive Dashboard: High-level portfolio overview for decision makers
- Compliance Reports: Automated compliance and regulatory reporting
- Cash Flow Forecasting: Predict future cash flows and obligations
- Custom Reports: Build and save custom reports for your needs
When Rental Calculations Become Too Complicated for Spreadsheets
Modern leases include revenue sharing, multiple landlords with different splits, and retrospective changes requiring historical recalculations. Manual errors in these complex scenarios lead to significant financial loss and compliance issues.
Revenue Sharing
Calculating rent based on sales revenue with tiered percentages and breakpoints
Multiple Landlords
Managing rent splits when multiple parties own the property
Retrospective Changes
Lease modifications that require recalculating past periods
The Calculation Problem
- Variable Rent: Rent that changes based on multiple factors
- Error Risk: Manual calculations lead to costly mistakes
- Time Consumption: Finance teams spend weeks on lease calculations
Meeting INDAS 116, IFRS 16, and Other Regulatory Requirements
INDAS 116 and IFRS 16 require lease liabilities and ROU assets on balance sheets, including present value calculations, depreciation tracking, lease modifications, and detailed disclosures. Monthly actualization must match provisions with actual payments—precision that spreadsheets cannot deliver.
INDAS 116 & INDAS 109 Compliance
Indian Accounting Standard requirements for lease accounting including INDAS 116 and INDAS 109
IFRS 16 Reporting
Comprehensive IFRS and global compliance support for international operations
Lease Actualization Framework
Precision in bridging the gap between estimates and actuals
IND AS 104 & ROU Asset Management
Right-of-use asset lifecycle tracking in accordance with IND AS requirements
Disclosure Reports
Preparing required financial statement disclosures
Audit Readiness
Maintaining documentation for internal and external audits
The Hidden Costs of Managing Leases Without Proper Systems
Spreadsheets work for a few simple leases but break down at scale. Formula errors, version control problems, no audit trails, and inability to handle complex changes create hours of manual work monthly. The bigger your portfolio, the worse it gets.
Formula Errors
Spreadsheet formulas are easy to break and hard to audit
Version Control
Multiple versions create confusion and risk
Manual Data Entry
Copying data between systems wastes time and creates errors
No Visibility
Cannot see the full picture of your lease portfolio
Difficult Changes
Lease modifications require rebuilding spreadsheets
Knowledge Dependency
Only one person understands the spreadsheets
Quick Deployment with Measurable Improvements
Our structured implementation approach ensures smooth transition and rapid value realization
Needs Assessment and Solution Design
Comprehensive needs assessment and solution design to understand your specific lease portfolio requirements and challenges.
Data Migration and Configuration
Data migration with validation and reconciliation. Configuration to match your specific requirements including calculation rules, compliance templates, and integrations.
User Training and Change Management
User training and change management support to ensure your team is ready to maximize the value of MYNDLeaseX.
Phased Rollout and Support
Phased rollout options for large organizations with post-implementation optimization and ongoing support to ensure long-term success.
MYNDLeaseX vs Spreadsheets: The Clear Choice
See how MYNDLeaseX outperforms traditional spreadsheet-based lease management
| Requirement | MYNDLeaseX | Spreadsheets |
|---|---|---|
| Complex Calculations | Automated revenue sharing, multiple landlords, retrospective changes | Manual formulas, error-prone |
| INDAS 116 / INDAS 109 / IFRS 16 | Built-in compliance, actualization, and IND AS 104 ROU asset management | Manual calculations required |
| Landlord Portal | Self-service KYC and payment tracking | Manual document collection |
| ERP Integration | Automatic synchronization | Manual data entry |
| Audit Trail | Complete change history | No reliable audit trail |
| Scalability | Handles thousands of leases easily | Breaks down with growth |
Ready to Transform Your Lease Management?
Join leading organizations that have automated their lease operations with MYNDLeaseX. Experience 90% reduction in manual work, 100% compliance accuracy, and complete visibility into your lease portfolio.
